Donald Trump Jr. Joins Kalshi and Hypes Market for Election Bets

  • President-elect’s son to advise company on strategy, expansion
  • Political betting markets have boomed in popularity worldwide
Donald Trump Jr.Photographer: Al Drago/Bloomberg
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Donald Trump Jr. has taken on a role advising prediction market Kalshi, casting the betting site and others like it as a superior source of assessing the state of politics and elections.

Trump Jr., 47, announced the move in an X post on Monday, noting that his family and friends used Kalshi to know when his father, President-elect Donald Trump, clinched the 2024 US presidential election. Tarek Mansour, Kalshi’s chief executive officer, confirmed the appointment and said Trump Jr. will advise on strategy, including on how to expand.