Prediction Markets Face Backlash as Most Americans Oppose Betting on Elections: Poll
Key Highlights: A Reuters/Ipsos survey of 4,506 U.S. adults revealed broad bipartisan pushback against election betting, with 69% of Democrats and 61% of Republicans opposing prediction markets on electoral outcomes. Prediction exchange Kalshi recently fined and suspended four congressional candidates for placing wagers on their own races, underscoring ongoing concerns over insider trading and conflicts ...