Tag: election betting
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U.S. Appellate Court Does Not Set Timeline for Emergency Ruling on Political Event Wagering
With less than 50 days until the 2024 U.S. presidential election, betting on political markets has reached a proverbial fork in the road. While it is illegal in the U.S. to bet on the candidate who will become the 47th president, one exchange, Polymarket, has handled nearly $1 billion in wagers on the market. Another,…