DiscoverThe Fox News RundownBusiness Rundown: The Election Betting Floodgates Are Open
Business Rundown: The Election Betting Floodgates Are Open

Business Rundown: The Election Betting Floodgates Are Open

Update: 2024-10-25
Share

Description

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 megaphone.fm/adchoices

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Business Rundown: The Election Betting Floodgates Are Open

Business Rundown: The Election Betting Floodgates Are Open

FOX News Radio