Trump Media and Technology Group (TMTG), the parent company of Truth Social, has announced plans to introduce betting features on its platform, allowing users to wager on real-world events including elections, sports, and economic indicators.
The initiative, unveiled on Tuesday, marks a major expansion for the social media network founded by US President Donald Trump, as it seeks to capitalise on the growing popularity of prediction markets among online users.
According to TMTG, the feature will be launched in partnership with Crypto.com and will enable users to place bets on a wide range of topics such as “interest rates, inflation changes, commodity prices, and major sports leagues.”
Unlike traditional gambling, prediction markets are overseen by the US Commodity Futures Trading Commission (CFTC), which classifies them as financial contracts rather than games of chance.
The announcement comes amid a surge in investment interest in the prediction market sector. Earlier this month, Intercontinental Exchange, operator of the New York Stock Exchange, invested $2 billion in leading platform Polymarket.
However, experts have raised concerns over potential addiction risks, especially among younger users, who make up a large segment of the prediction market audience.
Despite its new ventures into cryptocurrency and streaming services, TMTG’s financial filings show the company generated only $1.7 million in revenue during the first half of 2025 while posting a net loss of $51.7 million.
