Trump changes tune on prediction markets days after saying he disliked them

Donald Trump says the US can’t be “left out in the cold” on prediction markets just days after he said he was “not happy” with the fast-growing platforms.

US President Donald Trump has softened his stance on prediction markets just days after he bemoaned the surging interest and popularity of the betting platforms.

“I don't know. I know some people who are very smart. They like it,” Trump told reporters in Florida on Saturday after he was asked about his earlier comments, in which he said he didn’t support prediction markets. “They disagree, but they like it.”

“A lot of other countries are doing it, and when the other countries do it, we get left out in the cold if we don't do it,” he said.

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