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US President Donald Trump

Agence France-Presse

<div><br/></div><div class="twitter-tweet twitter-tweet-rendered" style="display:flex;max-width:550px;width:100%;margin-top:10px;margin-bottom:10px"><iframe id="twitter-widget-0" scrolling="no" frameBorder="0" allowtransparency="true" allowfullscreen="" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&amp;embedId=twitter-widget-0&amp;features=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%3D%3D&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1983176379073212454&amp;lang=en&amp;origin=https%3A%2F%2Fod2-workbench-web.abs-cbn.com%2F%23%2Fworkspace%2Fmonitoring%3Fitem%3Durn%3Anewsml%3Aod2-workbench-api.abs-cbn.com%3A2025-10-28T23%3A47%3A26.459679%3A85c38252-c259-41df-a82d-639b1f1e38c1%26action%3Dedit&amp;sessionId=8cfc5895b27d29e02c50c6ae4fcfe5762ce905d3&amp;theme=light&amp;widgetsVersion=2615f7e52b7e0%3A1702314776716&amp;width=550px" style="position:static;visibility:visible;width:550px;height:529px;display:block;flex-grow:1" data-tweet-id="1983176379073212454"></iframe></div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8"></script><div><br/></div><p>NEW YORK - The social media network founded by US President Donald Trump, Truth Social, announced Tuesday that it will allow users to make bets on the outcome of real-world events using the platform.</p><p>Trump Media and Technology Group (TMTG) is capitalizing on a form of betting that has surged in popularity, with phone-based apps that allow users to wager on topics ranging from politics and the economy, to sports and entertainment.</p><p>Truth Social will add betting through a partnership with Crypto.com, allowing users to bet on &quot;elections, interest rates and inflation rate changes, commodity prices on gold and crude oil,&quot; or events from &quot;all major sports leagues,&quot; according to a statement.</p><p>Federal authorities don&#x27;t consider so-called &quot;prediction markets&quot; to be gambling, per se, and as such they are regulated by the Commodity Futures Trading Commission (CFTC) and not by state gambling authorities across the US, as lotteries and casinos typically are.</p><p>To secure a wager, the user purchases a &quot;contract&quot; for a financial product that yields a profit if the event occurs -- whether it&#x27;s the election of a candidate or the victory of a sports team.</p><p>The new sector is considered so promising that earlier this month the New York Stock Exchange&#x27;s operator, Intercontinental Exchange, announced a $2 billion investment in one of the most prominent platforms, Polymarket.</p><p>Prediction apps are particularly popular among young adults, which has raised concerns about the risks of addiction and financial losses.</p><p>TMTG has launched several projects, including cryptocurrency-related financial products and a video streaming platform, but generated only $1.7 million in revenue in the first half of 2025.</p><p>At the same time, it reported a net loss of $51.7 million, according to documents published by the US Securities and Exchange Commission.</p><p>tu/vla/sla/bjt</p>

<p>The social media network founded by US President Donald Trump, Truth Social, announced Tuesday that it will allow users to make bets on the outcome of real-world events using the platform.</p>

The social media network founded by US President Donald Trump, Truth Social, announced Tuesday that it will allow users to make bets on the outcome of real-world events using the platform.

Trump's Truth Social to allow betting on elections, interest rates, sports

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Trump's Truth Social to allow betting on elections, interest rates, sports

Agence France-Presse

Published Oct 29, 2025 07:55 AM PHT

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