Prediction market 'gambling' needs state regulation, not feds, Mick Mulvaney says after Iran war bets
Mick Mulvaney also said prediction markets, by offering contracts on events such as wars, could represent a security risk for the U.S.
Last updated: 2026-03-04 07:25:54 ET
Mick Mulvaney also said prediction markets, by offering contracts on events such as wars, could represent a security risk for the U.S.
“I intervened, shut the business down and got him into therapy and support for gambling-type behaviors.”
As the battle over prediction markets rages on, Mick Mulvaney is leading a new coalition that calls these platforms illegal gambling.
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