OPINION: Contract gambling has become a runaway train

On July 21, the Senate Agriculture Committee’s scheduled vote to confirm Brian Quintenz — a financial manager and former commissioner of the Commodity Futures Trading Commission — as the commission’s new chair, was postponed. On [July 28], another committee vote on Quintenz was postponed.

Officially, the delays were due to lack of a quorum and White House concerns. But unofficially, insiders speculated that they were due to growing opposition to Quintenz, who is also a board member of Kalshi, a gambling company promoting future 24/7 games of chance on anything, anywhere.

By the end of July, insiders noted that the opposition to Quintenz was still growing both within the Senate Agriculture Committee and throughout the U.S. Senate.