Trump on prediction markets: 'The whole world, unfortunately, has become somewhat of a casino'
Business Insider
Last updated: April 25, 2026
President Donald Trump expressed concerns about potential insider trading on prediction markets when questioned by reporters. He did not explicitly state his position on the markets themselves but focused on the integrity of their use.
- The President's comments arose from a reporter's inquiry into his stance on prediction markets and the possibility of individuals profiting from non-public information.
- Trump's statement did not detail specific mechanisms of insider trading or propose regulatory solutions.
- He alluded to an awareness of the issue but provided no further elaboration on his understanding of prediction markets or their operational risks.
- The focus remained on the ethical implications of trading based on privileged information.
- No specific prediction markets were mentioned, nor were any policy recommendations or actions discussed.
- The exchange was brief and did not delve into the broader economic or political implications of prediction markets.
