The CFTC has proposed a regulation that would ban all US election betting. See here for more info: https://www.reuters.com/markets/us/us-cftc-seeks-ban-derivatives-bets-elections-calamities-2024-05-10/

This market will resolve to "Yes" if the final rule is issued (regardless of the date the rule becomes effective) before the Presidential Inauguration on January 20, 2025. Otherwise it resolves to "no."

I will determine the outcome based on whether it is listed on this page, or elsewhere at CFTC.gov as a final rule, at the time of inauguration: https://comments.cftc.gov/FederalRegister/Final.aspx

The market will resolve to "yes" as long as the final regulation substantively bans election betting in the United States. If, on the other hand, the final rule were to be altered from the current proposal to allow election betting by going through a specified regulatory process, then the market will resolve to "no."