{"id":24453,"date":"2026-04-22T18:05:29","date_gmt":"2026-04-22T22:05:29","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/?p=24453"},"modified":"2026-04-22T18:05:30","modified_gmt":"2026-04-22T22:05:30","slug":"after-reports-of-3-political-candidates-trading-on-their-elections-merkley-renews-call-to-ban-election-gambling","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/after-reports-of-3-political-candidates-trading-on-their-elections-merkley-renews-call-to-ban-election-gambling\/","title":{"rendered":"After Reports of 3 Political Candidates Trading on their Elections, Merkley Renews Call to Ban Election Gambling"},"content":{"rendered":"<p><br>Washington, D.C. \u2013 Oregon\u2019s U.S. Senator Jeff Merkley\u2014who has long sounded the alarm on\u00a0<a href=\"https:\/\/www.merkley.senate.gov\/es\/merkley-blasts-lifting-pause-on-election-betting\/\" target=\"_blank\" rel=\"noreferrer noopener\">election betting<\/a>\u2014released the following statement after prediction market firm Kalshi reported three instances of political candidates betting on their own elections:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\u201cElection betting is a bad bet for democracy\u2014plain and simple. Since 2023, I have been concerned about Wall Street firms setting up massive election casinos that could demolish the integrity of our democratic process by prioritizing money over the will of the American people. Now, we have seen the consequences of reducing our democracy to a horse race for the wealthy and powerful to bet on.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\u201cAllowing election gambling with the ability to put the thumb on the scale is like allowing bets on ballgames when you also control the umpire. It is corruption, plain and simple. And it is corruption aimed at the heart of our democracy.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\u201cMy&nbsp;<em>STOP Corrupt Bets Act<\/em>&nbsp;is a necessary step to prevent election casinos from further eroding our democratic institutions, and I\u2019m ready to work with my colleagues on both sides of the aisle to protect the integrity of our votes.\u201d<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>El\u00a0<em>STOP Corrupt Bets Act\u00a0<\/em>would ban betting through prediction markets on issues that are against the public interest and have no economic value, such as elections, government actions, sports, and military actions.\u00a0To learn more about the\u00a0<em>STOP Corrupt Bets Act<\/em>, including the full text of the legislation, click\u00a0<a href=\"https:\/\/www.merkley.senate.gov\/es\/new-merkley-raskin-legislation-bans-gambling-on-elections-sports-war-and-government-activity\/\" target=\"_blank\" rel=\"noreferrer noopener\">aqu\u00ed<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-center\">###<\/p>","protected":false},"excerpt":{"rendered":"<p>Washington, D.C. \u2013 Oregon\u2019s U.S. Senator Jeff Merkley\u2014who has long sounded the alarm on\u00a0election betting\u2014released the following statement after prediction market firm Kalshi reported three instances of political candidates betting on their own elections: \u201cElection betting is a bad bet for democracy\u2014plain and simple. Since 2023, I have been concerned about Wall Street firms setting [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":18847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[108],"class_list":["post-24453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","tag-democracy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>After Reports of 3 Political Candidates Trading on their Elections, Merkley Renews Call to Ban Election Gambling - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/after-reports-of-3-political-candidates-trading-on-their-elections-merkley-renews-call-to-ban-election-gambling\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After Reports of 3 Political Candidates Trading on their Elections, Merkley Renews Call to Ban Election Gambling - Merkley\" \/>\n<meta property=\"og:description\" content=\"Washington, D.C. \u2013 Oregon\u2019s U.S. Senator Jeff Merkley\u2014who has long sounded the alarm on\u00a0election betting\u2014released the following statement after prediction market firm Kalshi reported three instances of political candidates betting on their own elections: \u201cElection betting is a bad bet for democracy\u2014plain and simple. 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