Gambling on U.S. Elections Would Pose Profound Threat to Democracy, Common Cause Warns CFTC
Today, Common Cause urged the Commodity Futures Trading Commission (CFTC) to reject a request to legalize gambling on U.S. election outcomes. In a filing in response to the CFTC’s request for public comment, Common Cause emphasized that KalshiEX, LLC (“Kalshi”)’s proposed Congressional control event contract posed “new and profound threats to the integrity of our democracy and our elections.”