Two days after U.S. President Donald Trump said that prediction markets helped turn the world into a casino, he lowered his criticism, saying, "Smart people I know like those (prediction markets)." According to Decrypt, when asked about his past critical remarks on prediction markets, he replied, "I know some smart people, and they both like and dislike prediction markets." He then avoided a direct answer when asked if he intends to change policy to actively advocate for prediction markets, adding, "Many other countries are doing it, and if we don't, we will fall behind."
