President Donald Trump on Thursday described the modern world as “somewhat of a casino” when asked about online prediction markets such as Polymarket, responding to questions about allegations that a U.S. soldier used classified information to place lucrative bets tied to a covert operation in Venezuela.
Speaking to reporters in the Oval Office, Trump said he was unaware of the case but pledged to “look into it,” adding that he is “not happy with any of that stuff” when pressed on whether federal employees should be betting on prediction markets. His remarks came after prosecutors disclosed charges against Gannon Ken Van Dyke, an American soldier accused of placing wagers on Polymarket about the fate of Venezuelan President Nicolás Maduro using nonpublic information—renewing scrutiny of prediction markets that allow users to bet on geopolitical and national security outcomes.
This is a developing news story. Updates to follow.
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