Meet the election betting upstart suing the government

The fledgling industry for betting on U.S. election outcomes  — through regulated exchanges, not black markets — has been subject to immense regulatory scrutiny. Now, start-up company Kalshi is suing the Commodity Futures Trading Commission for blocking its plan to create one of these political markets. On POLITICO Tech, Kalshi co-founder Tarek Mansour argues these exchanges are not only legal, but good for democracy.

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