Business Rundown: The Election Betting Floodgates Are Open
The Fox News Rundown
FOX News Podcasts
3.4 • 1.7K Ratings
🗓️ 25 October 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care. |
| 0:06.4 | Through Barclay's Eagle Labs, they gained specialist industry and business expertise, |
| 0:11.0 | with support and training for the whole team. |
| 0:13.0 | But the story doesn't end here. |
| 0:16.0 | Because Health and Her are only just getting started, |
| 0:19.0 | selling at major UK retailers, |
| 0:22.0 | and making a real difference to thousands of lives. |
| 0:25.0 | Grow your business. |
| 0:27.0 | Bank on Barclays. |
| 0:28.0 | Search Barclays business banking. |
| 0:30.0 | I'm Lydia Hu and this is the Fox Business Run Down. |
| 0:33.4 | Friday, October 25, 24. |
| 0:42.4 | Tens of millions of dollars have been wagered on the 2024 election, as a recent |
| 0:48.1 | legal victory has opened the floodgates for Americans to gamble on politics. |
| 0:53.7 | People are essentially putting their money where their mouth is. |
| 0:56.7 | And right now, as far as volume is concerned on Calshi, |
| 1:00.7 | you've seen a little over 71 million six hundred and fifty six thousand dollars put |
| 1:07.0 | toward this race election gambling has been illegal in the United States |
| 1:11.0 | until now earlier this month a DC federal appeals court |
| 1:15.1 | ruled in favor of the Financial Exchange startup Calshi which offered Americans |
| 1:20.4 | the first fully regulated election prediction market. |
| 1:24.0 | In just a few weeks, people have wagered millions on political contracts on the site, |
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