Donald Trump said that prediction markets “predicted me pretty right… by a landslide,” calling them better than “fake polls.”
The endorsement lands as the industry races past $17 billion in monthly volume while fighting criminal charges and multiple congressional bills simultaneously.
The Presidential Stamp
Trump made the comments in a phone call with NYU law fellow Max Raskin.
A 2025 Vanderbilt study backs Trump’s claim, finding Polymarket outperformed polling in swing states during the 2024 election. After the July 2024 assassination attempt, traders repriced Trump’s odds instantly. Polls didn’t budge.
CFTC Chairman Michael Selig, a Trump appointee, has matched the tone. He filed an amicus brief in the 9th Circuit asserting exclusive federal jurisdiction over prediction markets and called state enforcement actions a “power grab.”
Where The Money Is
Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev has called prediction markets the fastest-growing business in company history, with a …
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