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Most Americans oppose betting on elections, government events, Reuters/Ipsos poll finds
The online poll of 4,506 U.S. adults found 69% of Democrats and 61% of Republicans opposed election betting.
A Reuters/Ipsos poll shows most Americans oppose using prediction markets to bet on elections and government actions, reflecting broad public discomfort with wagering on political events.
The booming prediction market industry led by Polymarket and Kalshi faces scrutiny over insider trading and manipulation concerns, while the administration of President Donald Trump pursues federal regulations.
Some 69% of Democrats and 61% of Republicans oppose betting on election results, while 63% of Americans oppose wagering on government policy announcements, illustrating bipartisan consensus.
Democratic lawmakers have introduced bills to restrict the industry, and The Senate barred staff from using prediction markets as states fight the administration's federal jurisdiction push.
Legal experts expect the jurisdictional dispute between states and the Commodity Futures Trading Commission to reach the Supreme Court, while companies claim they offer unbiased information.