Former Top Trump Official Is Going After Prediction Markets

Former Top Trump Official Is Going After Prediction Markets

As the battle over prediction markets rages on, Mick Mulvaney is leading a new coalition that calls these platforms illegal gambling.

‘Gambling Is Not Investing’: New Group Pushes Crackdown on Prediction Markets

As prediction markets gain popularity across the US despite ongoing scrutiny, a new coalition group is calling for stricter enforcement. The group, led by Rep. Mick Mulvaney (R-S.C.), argues that these platforms are blurring the line between investing and gambling. Prediction Markets Bypass State, Tribal Gaming Laws; Says New Group According to the latest reports, The post ‘Gambling Is Not Investing’: New Group Pushes Crackdown on Prediction Mar…

Former Trump Chief Of Staff Targets Sports Prediction Markets With New Advocacy Coalition

A newly formed advocacy coalition led by Mick Mulvaney, who served as President Donald Trump’s White House chief of staff during his first term, is escalating the political fight over sports prediction markets, arguing that contracts tied to game outcomes are illegal gambling dressed up as financial products. The group, operating under the name Gambling Is Not Investing, is pushing for state and tribal gambling laws to apply to online prediction…

Trump’s Ex–Chief of Staff Challenges Prediction Markets

Mulvaney is leading a new coalition that says sports event contracts on prediction-market platforms are illegal sports betting. “It’s gambling. It just is.”