Last mentioned: Mar 21, 2026
Truth Predicts Launch
The family officially enters the prediction market industry with a Truth Social integration.
Utah Legal Filing
Utah initiates legal action against prediction markets citing constitutional gambling bans.
Ohio Court Loss
Kalshi suffers a legal setback in Ohio over sports betting classifications.
Valuation Surge
Reports emerge that Kalshi and Polymarket are targeting $20B valuations.
DeFi Expansion
The family launches World Liberty Financial, entering the decentralized finance space.
Kalshi Federal Victory
U.S. court rules Kalshi can offer election-related event contracts.
TMTG Founded
Trump Media & Technology Group is established to launch Truth Social.
Casino Bankruptcy
Trump Entertainment Resorts files for Chapter 11, marking the end of the Atlantic City era.
The Trump family is launching 'Truth Predicts,' a prediction market platform integrated with Truth Social, marking a strategic shift from physical casinos to digital event-based wagering. This move aims to monetize the political discourse within the MAGA ecosystem while challenging established players like Polymarket and Kalshi.
Utah has initiated a legal challenge against prediction platforms Kalshi and Polymarket, citing the state's strict constitutional ban on all forms of gambling. The conflict marks a significant escalation in state-level resistance to the rapidly growing 'event contract' industry.
Federal Reserve researchers have identified Kalshi’s prediction market data as a valuable tool for monitoring real-time economic expectations. By leveraging "rich intraday dynamics," the central bank could gain immediate insights into how financial markets react to major policy announcements.