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Trump softens criticism of prediction markets, says US must not fall behind

April 27, 2026, 5:48 PM
Two days after stating that prediction markets help turn the world into a casino, U.S. President Donald Trump has softened his criticism, saying that smart people he knows like them. According to Decrypt, when asked about his past critical remarks, Trump replied that he knows some smart people who both like and oppose prediction markets. When questioned on whether he would change policy to actively support them, he avoided a direct answer, adding that the U.S. would fall behind if many other countries were involved in them and America was not.

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