Trump Vows to Review Federal Workers’ Prediction Market Bets (1)

President Donald Trump said he would investigate federal employees placing bets on event-betting platforms, indicating concerns with prediction markets amid worries that individuals are using confidential government information to profit.

Trump was asked Thursday about federal authorities arresting a soldier involved in the operation to capture Venezuelan strongman Nicolas Maduro over a successful $400,000 bet that the leader would be ousted from office.

“I’ll look into it,” Trump told reporters, adding that he long had issues with the concept of event-betting platforms.

“Well, you know, the whole world, unfortunately, has become somewhat of a casino,” Trump ...