Prediction markets are back in the spotlight, this time because of the war in Iran
President Trump's administration has thrown its support behind prediction market companies and sued states seeking to regulate them.

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TAP FOR WHYOutlet credibility · ABC News88/100 HIGH
20 stories · 86–89 · updated Sep 25, 2026
This article1 analysis · Apr 12, 2026
SOURCEABC News
Published Apr 10, 2026
tl;dr
Prediction markets face renewed scrutiny over potential insider trading regarding the war in Iran as the Trump administration moves to shield the platforms from state-level gambling regulations.
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SWIPE →Raymond Smith Jr.
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Advisor to prediction market platforms
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