No good can from of this.

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (3)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

What could possigbely go wrong? Why does this court decision - which will no doubt soon be appealed - seem tailor made for the grifter in chief:

politico.com - Election betting markets

Political bettors hit the jackpot as court clears election markets for comeback
“This week is the dawn of a new era for financial markets,” said Tarek Mansour, CEO of financial exchange startup Kalshi

Political gambling is back on in the US, less than five weeks before Election Day.

A federal appeals court in Washington on Wednesday cleared the way for financial exchange startup Kalshi to revive the first fully regulated election-betting markets in the U.S. The three-judge panel lifted a temporary freeze on the markets while rejecting an emergency bid from Wall Street regulators to halt trading pending a full appeal of a lower-court decision in favor of Kalshi.

Now, Kalshi will be able once again to offer trading on whether Republicans or Democrats will control Congress next year — and possibly more. The company has suggested it plans to expand its election-betting markets well beyond which party controls Congress to other political contests, including the presidential election.

“We are incredibly honored to bring safe, regulated, and trusted election markets to the US,” Kalshi CEO Tarek Mansour said in a statement. “This week is the dawn of a new era for financial markets.”

Post New | Post Reply | Report Post | Recommend It!

Print the post Share: X · FacebookFB · LinkedInLI · WhatsAppWApp · Email

Members reply directly to g0177325 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »

This community has written 84,309 posts about US Policy. The article-length ones it recommended most:

It's going to get worse · 33 recs · 2025

G’day Donny · 30 recs · 2026

Old Related Story · 28 recs · 2026

HCR is a national treasure · 27 recs · 2025

Fascism in America · 27 recs · 2025

Unthreaded | Threaded | Whole Thread (3)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website The Motley Fool (TMF) in any way. The Shrewd community here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.