Business Rundown: The Election Betting Floodgates Are Open
17 Minuten
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A weekly podcast taking a closer look at the groundbreaking news stories coming out of our nation's capital. Including interviews with lawmakers, newsmakers, and political insiders.
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Millions of dollars are being wagered on the 2024 election after a
pivotal court ruling this month paved the way for Kalshi, the first
fully regulated prediction market in the U.S. Now, Americans can
place political bets on who will win the election, which party will
take the Senate, the state with the narrowest margin of victory,
and much more. Meanwhile, folks overseas have already been wagering
tens of millions using the crypto betting market, Polymarket. FOX
Business correspondent Lydia Hu catches up with LA-based FBN
correspondent Max Gorden to discuss how election betting became
legal, the vast amounts being wagered, and fears surrounding its
impact on our elections. Photo Credit: AP Learn more about your ad
choices. Visit podcastchoices.com/adchoices
pivotal court ruling this month paved the way for Kalshi, the first
fully regulated prediction market in the U.S. Now, Americans can
place political bets on who will win the election, which party will
take the Senate, the state with the narrowest margin of victory,
and much more. Meanwhile, folks overseas have already been wagering
tens of millions using the crypto betting market, Polymarket. FOX
Business correspondent Lydia Hu catches up with LA-based FBN
correspondent Max Gorden to discuss how election betting became
legal, the vast amounts being wagered, and fears surrounding its
impact on our elections. Photo Credit: AP Learn more about your ad
choices. Visit podcastchoices.com/adchoices
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