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A new Politico survey found that a plurality of U.S. adults believe wagering on election results should be illegal. Views differed on other forms of prediction market betting such as sports and weather.
riotimesonline.comA Politico poll conducted by Public First from May 17 to 19 found that 44 percent of respondents believe betting on election results should be illegal. Three in 10 said the practice should be legal, while a quarter said they did not know. The survey of 2,035 U.S.
Adults had a margin of error of 2.4 percentage points and was weighted by age, race, gender, geography and educational attainment. Forty-five percent of Trump voters and 50 percent of Harris voters said election betting should be illegal. Over half of all respondents said sports betting on prediction markets should be legal.
Forty-five percent said wagering on awards shows should be legal and 46 percent said betting on the weather should be legal. Twenty-seven percent said wagering on potential comments from the president and other newsmakers should be legal, while 40 percent said it should be illegal and 32 percent said they did not know.
Polymarket users placed $3.2 billion in bets on the 2024 presidential contest between President Trump and former Vice President Kamala Harris, with a majority placed on Trump.
Last month federal prosecutors charged Google employee Michele Spagnuolo with insider trading on Polymarket using nonpublic data on the company’s “Year in Search” list for 2025. In April the Justice Department alleged that U.S. Army soldier Gannon Ken Van Dyke placed wagers on Polymarket regarding the operation to capture former Venezuelan President Nicolás Maduro using details from the planning of the raid.
The Trump administration has filed suit to block multiple states’ attempts to regulate prediction markets, arguing the Commodity Futures Trading Commission alone has authority over the platforms.
President Donald Trump stated on June 22 that he would take action if Iran does not meet terms of an agreement signed the prior week. The deal unfreezes Iranian funds restricted to U.S. food purchases. It follows attacks that killed thousands and raised global oil prices.
thehindu.comU.S. District Court Judge Sparkle L. Sooknanan ruled Monday that the updated Systematic Alien Verification for Entitlements program violates federal privacy law. The decision halts its use to verify voter eligibility after at least 25 states scanned 67 million registrations.
Fox NewsSpaceX and Tesla CEO Elon Musk stated on social media that he may sue a Democratic representative after the lawmaker called for an investigation into cuts to the U.S. Agency for International Development. The exchange followed comments linking the cuts to potential child deaths o…