**News Flash: Kalshi Launches Legal Election Betting in the US**
Kalshi, a derivatives exchange, has made history by listing event contracts for betting on US election outcomes. This follows a landmark court victory in September, as announced by founder Tarek Mansour on Oct. 7.
- **What's New:** For the first time, you can legally trade on US presidential elections, margin of victory, state winners, and more.
- **Regulatory Battle:** Kalshi won a lawsuit against the Commodity Futures Trading Commission (CFTC), which had initially barred them from listing political event contracts.
- **Market Impact:** While Kalshi's contracts have seen $775,000 in volume, Polymarket remains the dominant platform with over $1 billion riding on the November US presidential election.
- **Public Sentiment:** Despite CFTC’s concerns about election integrity, experts argue that such markets often capture public sentiment more accurately than polls.
Stay tuned as this new frontier in election betting unfolds!