The Rise of Regulated Election Betting Markets

Legalized sports gambling is everywhere. Could betting on elections be next? Americans will soon be able to legally gamble on the presidential election. After a judge rejected the Commodity Futures Trading Commission’s attempt to block it, financial exchange company Kashi launched the country’s first fully regulated election-betting markets on Thursday. Capital markets reporter Declan Harty walks Playbook co-author Eugene Daniels through what this means for the election, and why some officials are ringing alarm bells.