Trump Mayhem Turns Into a Goldmine for His Son’s Betting Empire

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Donald Trump Jr. speaks on stage during Turning Point's annual AmericaFest conference in Phoenix, Arizona on December 21, 2025.https://thedailybeast-thedailybeast-prod.web.arc-cdn.net/resizer/v2/BPWQ5OXA5NHWVOIHB436DV32UE.jpg?auth=213226fca09af945dd228acbbd80dab76cccec42c510dc2c2dd882cc7ccff22b&smart=true&width=3874&height=2179" />
Olivier Touron / AFP via Getty Images

President Donald Trump’s chaotic flip-flopping on the war in Iran is making a fortune for online prediction markets, some which have financial ties to Donald Trump Jr.

The markets, which have to come up with new betting lines every day, have collected fees from hundreds of millions of wagers on questions about whether Trump will send troops into Iran, declare a ceasefire, or https://www.thedailybeast.com/trump-dealt-new-blow-as-impeachment-odds-hit-record-high-after-iran-threat/" rel="">be impeached, the https://apnews.com/article/prediction-markets-trump-iran-war-ceasefire-polymarket-kalshi-15946a9ab492e679437d58a2f9ceb35c" rel="">AP reported.

One of the people benefitting is Don Jr., who has a stake in Polymarket and https://www.thedailybeast.com/donald-trump-jr-joins-predictions-market-kalshi-as-an-adviser/" rel="">advises Kalshi.

https://www.thedailybeast.com/donald-trumps-iran-mayhem-turns-into-a-goldmine-for-his-son-donald-jrs-betting-empire/">Read more at The Daily Beast.

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