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Debate grows over whether states can curb election betting on Kalshi and Polymarket
- Debate grows over whether states can curb election betting on Kalshi and Polymarket — Civic groups and officials argue election contracts bypass state betting bans, while the platforms and the CFTC say the contracts fall under federal derivatives law, according to reporting syndicated by the North Scott Press. The analysis notes 23 states completely ban election betting, according to National Conference of State Legislatures data analyzed by Pew. (North Scott Press)
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