JPMorgan Weighs Prediction Markets, Excludes Sports and Politics

““It’s possible one day we’ll do something like that,” Dimon said on CBS on Tuesday, though he ruled out offering markets in sports or politics. "There’s a bunch of stuff we won’t do. And obviously, we have strict rules around insider information.””

“"It's possible one day we'll do something like that," Dimon said in an interview with CBS Evening News, referring to services like Kalshi and Polymarket, which allow users to trade on the outcomes of future events. Dimon made clear that if the largest U.S. bank were to proceed, it would avoid some of the most prominent categories in the sector. "We're not gonna be in sports. We're not gonna be in politics. There's a bunch of stuff we won't do. And obviously, we have strict rules around insider information," he said.”