Prediction market group debuts with ex-Trump aide

A new advocacy group championing prediction markets has officially launched, signaling a growing interest in the sector. The organization boasts support from Taylor Budowich, a former Deputy Chief of Staff under the Trump administration. This backing suggests a potential bipartisan appeal for prediction markets, which allow users to bet on the outcomes of future events. The group aims to promote the understanding and adoption of these markets, potentially influencing regulatory discussions and public perception.