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International Business Times UK
International Business Times UK
World
Glory Moralidad

Who Will Win the Election 2028? White House Warns Staff Against Betting on Platforms Like Polymarket

White House staff warned against using insider knowledge on prediction markets as scrutiny grows over political betting platforms and potential misuse. (Credit: The White House/YouTube)

The White House has issued a stark directive to administration officials, warning them against using privileged government information to place wagers on election 2028 odds.

In a move designed to preserve the integrity of the executive branch, an internal memo circulated on 24 March 2026 informed staff that exploiting non-public data for financial gain on platforms like Polymarket and Kalshi is a violation of federal ethics guidelines. The warning comes as these prediction markets, once a niche corner of the internet, have transformed into a multibillion-dollar industry that tracks everything from diplomatic breakthroughs to the next occupant of the Oval Office.

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