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Top related persons:
Patricia Millett - 2 Kamala Harris - 1 Donald Trump - 1 Kalshi - 1 KalshiEx - 1 It's - 1 there's - 1 Tarek Mansour - 1
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Washington , U.S
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Appeals - 2 District of Columbia Circuit - 2 CNBC - 2 White - 1 Electoral - 1 Commodity Futures Trading Commission - 1 U.S . - 1 U.S - 1

Search resuls for: "KalshiEx"


2 mentions found


☆ Kalshi expands Trump, Harris election bet options, adds Senate races, CFTC complains
  + stars: | 2024-10-09 | by ( Dan Mangan | ) www.cnbc.com   time to read: +5 min
Kalshi wagers on the presidential race outcomes were split 50-50, roughly reflecting national polling on the contest. The new contracts were added to Kalshi's platform within days of a favorable federal appeals court ruling for the company on Oct 2. Even more political races could soon become available for betting with Kalshi contracts, the CFTC said, citing contract terms published on the exchange's web site. But the commission argues that Kalshi's contracts might cast doubt on the integrity of elections. The appeals court initially blocked that judge's ruling from taking effect, which meant Kalshi could not offer any political contracts.
Persons: Kamala Harris, Donald Trump, Kalshi, KalshiEx, It's, there's, Tarek Mansour, Mansour, Patricia Millett Organizations: White, Electoral, Commodity Futures Trading Commission, U.S ., Appeals, District of Columbia Circuit, CNBC Locations: Washington ,
☆ Appeals court greenlights betting on congressional elections
  + stars: | 2024-10-02 | by ( Dan Mangan | ) www.cnbc.com   time to read: +1 min
A federal appeals court on Wednesday refused to block a lower-court ruling allowing Americans to bet on the outcome of the 2024 congressional elections. The CFTC had barred KalshiEx from listing its congressional contracts on the exchange, which the commission regulates, on the ground that they would violate the laws of many states that ban gambling on elections. But a judge in U.S. District Court in Washington, D.C., ruled last month that the CFTC had erred in finding that KalshiEx's congressional contracts involved gaming or gambling. That ruling was in effect for only about eight hours before the D.C. appeals court stayed it at the request of the CFTC. That administrative stay was lifted in Wednesday's ruling.
Persons: Patricia Millett, Millett Organizations: U.S, Capitol, federal, Futures, Commission, CFTC, Appeals, District of Columbia Circuit, Washington , D.C, CNBC Locations: Washington ,, U.S
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