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Comment for Industry Filing 23-01

  • From: Steven Steven Zemsky
    Organization(s):
    Public Citizen

    Comment No: 71538
    Date: 7/20/2023

    Comment Text:

    Don't allow betting on elections. It's a bad idea.

    Malicious bettors could use artificial intelligence to create false or misleading videos aimed at changing popular opinion and maximizing their chances of winning a bet
    People could intimidate election officials in order to win bets, or harass and accuse them or wrongdoing if the outcome loses them money
    Politics is already a team sport, where people root for their party rather than learning about policy. Political betting would only make people even more singularly focused on the success of their party and not what governments are actually doingMXZFC

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