Meanwhile, political betting has resulted in scandal in the United Kingdom, where members of the Conservative Party and security officials are being investigated for using insider information to bet on the results of the recent election called by former Prime Minister Rishi Sunak.
“That is classic insider trading,” said Adamske. “People can make a case, or at least a complaint, that the election was manipulated by somebody taking too large a position. [Betting platforms] give the ability for people to game the system by allowing this kind of gambling.”
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Gamblers are betting on Gov. Shapiro for Harris’ VP pick as election predictions flood online markets
Federal regulators are racing to tamp down an online political betting market they say is susceptible to manipulation and threatens the sanctity of elections.

No Shit Sherlock.