Story perspectives

Trump Jr. Urges States to Lift Prediction-Market Limits

8/27/2026

Summary

Story summary

Donald Trump Jr. urged states to drop prediction-market limits at an attorneys-general meeting.
He appeared at the Ritz-Carlton gathering and interviewed with Montana Attorney General Kristen Knudsen.
He said critics are gambling firms protecting monopolies, not consumer concerns.
About 20 states are litigating prediction-market rules, with pending rulings that could decide if Americans may bet on sports, elections.
A 44-state coalition calls platforms a “form of casino.”

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Story summary

Donald Trump Jr. urged states to drop prediction-market limits at an attorneys-general meeting.
He appeared at the Ritz-Carlton gathering and interviewed with Montana Attorney General Kristen Knudsen.
He said critics are gambling firms protecting monopolies, not consumer concerns.
About 20 states are litigating prediction-market rules, with pending rulings that could decide if Americans may bet on sports, elections.
A 44-state coalition calls platforms a “form of casino.”