Political betting could soon be legal-and it's the last thing this election needs
Briefly

This new trend of betting on elections heightens the risk of corruption, where money could influence political outcomes, further eroding trust in the democratic process.
Kalshi's foray into election betting, backed by Interactive Brokers, reflects a troubling intersection of finance and politics, where individuals could gamble on democratic processes.
With the potential normalization of gambling on elections, the political landscape risks becoming a battleground not of ideas, but of financial speculation and manipulation.
Read at Fast Company
[
|
]