ME News reports that, on October 13 (UTC+8), a poll showed that approximately 69% of Democrats and 61% of Republicans oppose betting on U.S. elections, military operations, and government announcements through prediction markets, with only 8% and 9% respectively supporting such betting. Respondents viewed these markets as unethical, socially corrosive, and potentially harmful to national security. The prediction market industry, led by Polymarket and Kalshi, continues to expand, raising concerns among policymakers that such platforms could open new avenues for insider trading and manipulation. (Source: ODAILY)
Most Americans Oppose Betting on Elections and Government Actions
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Summary
A recent MetaEra survey on October 13 revealed that 69% of Democrats and 61% of Republicans oppose betting on elections and government actions through prediction markets. Only 8% of Democrats and 9% of Republicans support such platforms. Fear and Greed Index readings indicate public unease, with concerns over morality, social harm, and national security. On-chain data from platforms like Polymarket and Kalshi show continued growth, but lawmakers remain concerned about risks of manipulation and insider trading.
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