Court could clear the way for Americans to legally bet on US elections

ATLANTIC CITY, N.J. (AP) — Amid the explosion of legal gambling in the United States, some things have remained off-limits, including betting on the outcome of U.S. elections.

But that could be about to change.

A federal judge in Washington has struck down a decision by the Commodity Futures Trading Commission to prohibit a company from offering what amounts to bets on the outcome of Congressional elections.

Last Friday, U.S. District Court Judge Jia Cobb ruled in favor of New York-based Kalshi...