Trump's Unpredictability Fuels Online Betting Surge

Online prediction markets have experienced a spike in activity, largely due to the unpredictability surrounding President Donald Trump's policies and statements.

Betting platforms such as Polymarket and Kalshi, which have connections to Trump's son, are seeing increased profits as users place wagers on the president's next moves. His actions on Iran have especially driven betting volumes.

Despite bipartisan concerns over potential insider trading, these platforms continue to gain popularity, raising questions about the ethical implications of profiting from political volatility.

(With inputs from agencies.)