Important investment market development: With casino empire gone, Trump family bets on prediction markets. Analysis for investors across forex, equities, and alternative assets.
What You Need to Know
Here are the key details from this alert:
- Trump inside the casino of his new venture, Trump Taj Mahal in Atlantic City, New Jersey on March 16, 1990
- Newsday/Getty Images Donald Trump Investing Federal agencies See all topics Facebook Tweet Email Link Threads Link Copied
- Follow With his Atlantic City casinos in duress in the 1990s, Donald Trump saw a potential lifeline in sports betting and aggressively campaigned to legalize it in New Jersey
- But when state powerbrokers shut him down, Trump vowed that he’d eventually find a way to win
- “Some people give up real easily,” Trump told the New York Times after a decisive 1993 defeat
- ” More than three decades later and no longer in the casino business, the Trump family has found a new avenue to profit off sports wagering: prediction markets, a fast-growing industry where people
- Source: With casino empire gone, Trump family bets on prediction markets
Investment Implications
Macro developments like this have ripple effects across asset classes. Diversified investors should review their exposure to correlated assets.
Research Resources
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Published by Tophedgefunds on March 22, 2026. Source: With casino empire gone, Trump family bets on prediction mar
