PANews reported on April 28th, citing Cointelegraph, that US President Trump has changed his stance days after initially expressing his dislike for prediction markets. Last Thursday, Trump stated he was "unhappy" with prediction markets, believing "the whole world has become a casino." However, on Saturday in Florida, he said many other countries are running prediction markets, and the US would be "isolated" if it didn't. Trump also claimed he knows some very intelligent people who enjoy prediction markets.

It is reported that Donald Trump Jr., Trump's son, has invested in and serves as an advisor to Polymarket, as well as to Kalshi. Last October, Trump Media announced a partnership with Crypto.com to launch a prediction market on its social platform, Truth Social.