Trump Jr. Backs Prediction Markets | Dayton News

Donald Trump Jr.’s 1789 Capital is pouring another $300 million into prediction markets—on top of an earlier $200 million—fueling a boom in platforms like Polymarket and Kalshi, where users bet real money on everything from sports to politics. With millions now wagering and platforms raking in fees, the space is exploding in public attention. Kalshi recently banned George Santos after he bet on his own appearance at the State of the Union—a move that underscores how high-stakes these markets have become. Trump Jr., who’s also an advisor to both platforms and received over $300K in stock for advising Kalshi, stands to profit as the Trump administration actively backs these markets, with federal regulators praising them and resisting state-level crackdowns—all appointed under Trump’s watch. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fbf369106af75e66