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People are betting on elections in prediction markets. Congress is watching

As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens when people wag

Cali Reporter staff · June 16, 2026
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People are betting on elections in prediction markets. Congress is watching
People are betting on elections in prediction markets. Congress is watching

As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens when people wager on elections?

Original reporting: LA Times, Business.

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