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Trump Jr.'s Role Sparks Concerns in Prediction Markets

1/15/2026

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Story summary
  • Donald J. Trump Jr. serves as an unpaid adviser to Polymarket and a paid adviser to Kalshi, signaling strong involvement in online prediction markets.
  • Online prediction markets enable betting on political outcomes, with nearly $50 billion in trades recorded last year.
  • Experts caution that his familial ties to U.S. President Donald Trump and a shifting regulatory environment raise potential conflicts of interest.