"The whole world, unfortunately, has become somewhat of a casino. I don't like it, conceptually, but it is what it is. No, I think that I'm not happy with any of this."
"They have all these different sites, they have 'predictive markets.' It's a crazy world. It's a much different world than it was."
"Now, if he bet against his team, that would be no good. But he bet on his own team."
Trump criticized prediction markets, stating they resemble a casino and expressing discomfort with betting in financial markets. He mentioned a recent indictment of a US soldier for profiting from insider information related to a military operation. Trump noted that he was unaware of the indictment but compared it to the case of Pete Rose, emphasizing the ethical implications of betting. His comments reflect a broader concern about the integrity of financial markets and the potential for insider trading in prediction markets.
Read at www.businessinsider.com
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