Poll finds majority of Democrats and Republicans oppose election prediction markets

A Reuters/IPSOS poll found that 69% of Democrats and 61% of Republicans oppose using prediction markets to bet on US elections. The survey shows bipartisan public skepticism toward election-linked event contracts, with opposition running higher among Democrats than Republicans.

Bipartisan voter opposition could pressure lawmakers and regulators to tighten restrictions on election betting contracts, complicating expansion plans for platforms like Kalshi and Polymarket that have pushed into political markets.