Trump changes tune on prediction markets days after saying he disliked them
Cointelegraph
President Donald Trump has softened his stance on prediction markets, acknowledging their popularity despite earlier personal reservations about the betting platforms.Summary
After previously expressing disapproval of prediction markets, characterizing them as part of a world that has become a "casino," Donald Trump has shifted his tone. Speaking in Florida, Trump acknowledged that smart individuals support these platforms and suggested that the United States must participate to avoid being left behind by other countries. The growing influence of platforms like Polymarket and Kalshi coincides with the involvement of Donald Trump Jr., who serves as an adviser to both companies, and the planned integration of prediction markets into Truth Social by Trump Media.
(Source：Cointelegraph)