A federal appeals court declined to block Wednesday a lower-court decision that allowed betting on 2024 federal elections, a blow to the government agency that argued doing so could undermine

Legal gambling on the presidential election and Congressional races got the greenlight Wednesday — and betting could start as soon as this week. The Court of Appeals in DC declined to issue

Americans can again wager legally on congressional elections after a US appeals court set the stage for a deluge of bets just five weeks before November’s polls.

For now, its proposed election offering is limited to the US Congress. The “Congressional Control Product” would allow buyers to pick on which party controls either the US House of Representatives or the US Senate.

On Wednesday, a Washington D.C. court ruled that betting markets were legal in the U.S. — the first time in about a century that the practice was allowed in the country. The road to that ruling, however,

KalshiEx offered customers contracts that bet on congressional election outcomes. The Commodity Futures Trading Commission objected.

A federal appeals court Wednesday lifted an earlier ruling that blocked Americans from betting on the outcome of congressional elections, following challenges from regulators, which claimed the bets could harm the integrity of U.