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Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach

  • Posted on August 11, 2026
  • By CNBC
  • 0 Views
  • 1 min read
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Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach

Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.
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CNBC

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