Patchwork oversight or bans on U.S.-regulated prediction market platforms wouldn't help consumers or make activity disappear.
It would just force activity offshore, where protections are virtually nonexistent.
@HarryDCrane has done the research on this: Restrict access, and U.S. trading on offshore platforms could surge to $133 BILLION annually by 2030.
That’s bigger than America’s video game and recorded music industries combined.
More in @CoinDesk 👇
“We just don’t have many nonpartisan sources of information.”
Prediction markets offer something increasingly rare in politics: a common, real-time data point to start from.
More from @SeanPMaloney on markets vs. polls at @DealFlowPREDICT panel this morning. ⬇️
LIVE now from NYC: CEO & President @SeanPMaloney on @DealFlowPREDICT 2026 Prediction Markets & Midterms Panel.
On Tuesday, @SeanPMaloney will speak on the @DealFlowPREDICT panel, "Midterms on the Market: How Prediction Markets Are Forecasting the 2026 Elections.”
Let us know if you'll be there!
“Which means prediction markets are the producers of information par excellence. The previous truth is rooted in the reality that we individuals are many things with our money, few of them blithe. This is particularly true when we’re trying to get a return on our money.” - @johntamny in @forbes
Dodd-Frank gave the CFTC the job to oversee event contracts.
Mulvaney in Congress: Dodd-Frank has too many protections.
Mulvaney now as head of @EndBackdoorBets: the CFTC has too few protections; give it to state regulators.
Running a casino influence op while claiming it's about consumer protection? Definitely shady.
Flipping from too much protection to too little the second the casinos need it? Definitely convenient.
Replying to @SeanPMaloney
@SeanPMaloney nails it: prediction markets have "massive and important use cases that will never come within the competence of a state gaming commission."
If you care about consumer protection, that's why you need a federal regulator - the @CFTC - overseeing these markets.
Replying to @SeanPMaloney
@SeanPMaloney on the age question:
You must be 18+ to trade on regulated, U.S.-based prediction markets - just like every other financial market in the U.S.
Prediction markets aren’t an exception. And 97% of trading activity is from users 21+.
Why have prediction markets taken off?
@SeanPMaloney lays out a few reasons:
✅ Turns disagreement into a market price
✅ Gives people a way to monetize unique expertise
✅ Opens up hedging tools that were once largely reserved for big institutions
From politics to tariffs, the use cases keep expanding. 👇
📺 TUNE IN NOW: @SeanPMaloney is live on the @philadelphiafed prediction markets panel.
Register to watch at the link below👇





