Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets

People vote on the first day of Virginia's in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia. A federal appeals court has fast-tracked the Commodity Futures Trading Commission's case challenging the right of the event exchange Kalshi to offer U.S. political election contracts. The expedited appeal comes as Kalshi and another platform, Interactive Brokers, are offering an array of political contracts, including bets on the outcomes of the U.S. ...