TechReadWriteabout 3 hours ago
North Carolina Rep Bans Own-Race Prediction Bets
1 min read
Rep. Don Davis introduced the No Betting on Your Race Act to bar federal candidates from trading contracts tied to their own elections. Violators face a civil penalty of $10,000 or three times the net financial gain, whichever is greater. The proposal restricts people involved in trading rather than penalizing exchanges directly.
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