Donald Trump appears to be getting back into the casino business, in a manner of speaking.

This time it won’t be Atlantic City slot machines and roulette tables: On Tuesday, the president’s media firm, Trump Media & Technology Group Corp., announced it was partnering with the digital asset exchange Crypto.com to make prediction markets available via Truth Social.

The new product, called “Truth Predict,” will enable Truth Social users to bet on a wide range of future events like election outcomes, sports, and commodity prices. These wagers will take the form of prediction contracts, which are typically priced in cents and reflect the percentage of confidence bettors have in a potential outcome. If you bet correctly, the contract settles for $1, but if you’re wrong, it goes to zero.

TMT

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