{"id":68155,"date":"2025-10-29T14:09:56","date_gmt":"2025-10-29T21:09:56","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=68155"},"modified":"2025-10-29T14:09:56","modified_gmt":"2025-10-29T21:09:56","slug":"trumps-truth-social-to-host-online-gambling-so-he-can-profit-by-making-bets-on-his-own-actions","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=68155","title":{"rendered":"Trump’s Truth Social to Host Online Gambling So He Can Profit By Making Bets on His Own Actions"},"content":{"rendered":"

The sketchy business practices of the felonious Donald Trump and his MAGA accomplices in crime continues to blaze new paths to riches for the Commander-and-Thief who presently occupies the White House. Recent reports have detailed the Trump family’s skyrocketing wealth<\/a><\/strong> during the just the past nine months of his second inglorious term.<\/p>\n

Click here to post this article on Twitter<\/a> or Click here to post on Bluesky<\/a><\/strong><\/p>\n

\"Trump<\/p>\n

Much of the ill gotten gain that Trump has accumulated has come from his crypto enterprises that have the added benefit of concealing the nefarious characters with whom he is doing business. However, another rich vein of dirty dollars is his Trump Media and Technology Group (TMTG) that is the parent entity for Truth Social and other scammy ventures. And the newest wrinkle in TMTG’s portfolio is a “prediction betting marketplace”<\/em> that will provide online gambling opportunities for Trump’s cult followers. According to ABC News<\/a><\/strong>…<\/p>\n

“President Donald Trump’s social media company, Trump Media and Technology Group, announced Tuesday that it will soon launch a prediction betting marketplace on Truth Social, allowing users to gamble on sports and politics directly on the platform.<\/p>\n

Devin Nunes, the CEO of TMTG, said in a statement that the firm is ‘democratizing information and empowering everyday Americans to harness the wisdom of the crowd, turning free speech into actionable foresight.'”<\/p><\/blockquote>\n

Fantastic! Trump is returning to the casino business that he so utterly failed in with multiple bankruptcies<\/a><\/strong>. Now he will now be presiding over an online gambling operation that specifically targets two sectors of society over which Trump has demonstrated flagrant dishonesty and incompetence: Sports and politics.<\/p>\n

Specifically with regard to politics, an online betting platform could offer wagers about future actions over which Trump himself will have decision making responsibility. Which means that he will know the outcome of whatever the wager concerns. And so will anyone that he chooses to tell. That hardly seems like a fair betting field. But it does seem like the sort of sham that Trump could use to further enrich himself and his comrades through his proxies.<\/p>\n

Therefore, it’s consistent with most of Trump’s prior shady businesses. TMTG, for instance, was trading at about $43.00 the week before his inauguration this year. Nine months later it is under $17.00. That’s a decline of more than 60% while the S&P 500 rose more than 8%. Meanwhile, Trump\u2019s crypto meme coin<\/a><\/strong>, which he launched the day before his inauguration at $74.00, is now trading at about $9.00, a massive drop of 88%.<\/p>\n

None of this should surprise anyone who has been paying attention to the Trump financial empire that has been notorious for its rampant failure and potential fraud. For instance…<\/p>\n

Truth Social Parent Plans Desperate Share Buyback to Boost its Failing Stock and Enrich Trump<\/a><\/strong>
\nThis is a tactic that is sometimes used to juice failing stocks. By reducing the shares available on the market, the remaining shares should be more valuable. That would mean an extraordinary leap in wealth for Trump who is the largest stakeholder<\/p><\/blockquote>\n

SRSLY? Trump Brags that His Pitifully Failing Meme Coin is a \u2018Tracker\u2019 of His Imaginary Success<\/a><\/strong>
\nTrump\u2019s meme coin is hardly a game-changer. While it has generated a significant horde of untraceable cash for Trump, who paid nothing for his shares, it has been an abysmal loser for nearly everyone else who was foolish enough to invest in it.<\/p><\/blockquote>\n

Trump\u2019s Truth Social is Creating \u2018Non-Woke\u2019 Investment Portfolios for MAGA Cult Investors\/Dupes<\/a><\/strong>
\nThe focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than \u201cnon-woke\u201d<\/em> enterprises that pursue the anti-democratic goals of the MAGA movement?<\/p><\/blockquote>\n

Truth Social, Trump\u2019s Pathetic Personal Propaganda Platform, Continues to Bleed Cash<\/a><\/strong>
\nIn what may be the least surprising news of the year so far, Donald Trump\u2019s flagship social media enterprise, Trump Media and Technology Group (TMTG) \u2013 the parent holding company of his failing Twitter ripoff, Truth Social \u2013 released its annual report on Friday that revealed just how big a failure it is.<\/p><\/blockquote>\n

Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat<\/a><\/strong>
\nThe Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform\u2019s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.<\/p><\/blockquote>\n

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam<\/a><\/strong>
\nTrump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”<\/em><\/p><\/blockquote>\n

Truth Social Disease: Ads on Trump\u2019s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch<\/a><\/strong>
\nAdvertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.<\/p><\/blockquote>\n

\n
\n

Be sure to visit and follow News Corpse
\non Twitter<\/a> and Facebook<\/a> and Bluesky<\/a> and Threads<\/a>.<\/strong>\n<\/p>\n

And check out my books on Amazon:<\/strong>\n<\/p>\n

Fox Nation vs. Reality:
\nThe Fox News Cult of Ignorance.<\/a><\/strong>\n<\/p>\n

Thanks so much for your support.<\/strong><\/p>\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The sketchy business practices of the felonious Donald Trump and his MAGA accomplices in crime continues to blaze new paths to riches for the Commander-and-Thief who presently occupies the White House. Recent reports have detailed the Trump family’s skyrocketing wealth during the just the past nine months of his second inglorious term. Click here to […]<\/p>\n","protected":false},"author":1,"featured_media":43040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,13,11],"tags":[554,1457,1458],"class_list":["post-68155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-scandalous","category-socialmedia","tag-donald-trump","tag-social-media","tag-truth-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-penthouse-phone.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-hJh","jetpack-related-posts":[{"id":68827,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=68827","url_meta":{"origin":68155,"position":0},"title":"Trump’s Truth Social is Littered with Loathsome Lies – Now Including a Fake JFK Jr","author":"Mark NC","date":"2\/10\/2026","format":false,"excerpt":"The dedicated propaganda platform that Donald Trump built, hilariously named \"Truth\" Social, was designed from the start to disseminate his putrid perspective of life in his warped vision of America. The website has always been gushing with flagrant falsehoods aimed at cultivating the devotion of his misguided cult disciples. Click\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Toilet, Bathrobe","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-toilet-bathrobe.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-toilet-bathrobe.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-toilet-bathrobe.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65732,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65732","url_meta":{"origin":68155,"position":1},"title":"Grifter Trump is Hawking His Stock and Crypto that Have Lost Gullible Rubes Billions of Dollars","author":"Mark NC","date":"3\/23\/2025","format":false,"excerpt":"Does the magnitude and shamelessness of Donald Trump's corruption really surprise anyone anymore? Who could have guessed that the convicted felon responsible for bankrupting four casinos, stealing from his own charity, operating a phony university, and shuttering numerous hoaxes hawking everything from steaks, to air travel, to vodka, to magazines,\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":66551,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=66551","url_meta":{"origin":68155,"position":2},"title":"Truth Social Parent Plans Desperate Share Buyback to Boost its Failing Stock and Enrich Trump","author":"Mark NC","date":"6\/23\/2025","format":false,"excerpt":"America's Grifter-in-Chief, Donald Trump, has tried an extensive number of financial scams intended to fatten his wallet at the expense of his gullible cult followers. They range from selling cheesy merch like sneakers, phones, bibles, and crypto, to committing fraud that resulted in 34 felony convictions. Click here to post\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Trump Baby on Cash Pile","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-cash-pile.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-cash-pile.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-cash-pile.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":68245,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=68245","url_meta":{"origin":68155,"position":3},"title":"Trump’s Truth Social AI is Woke AF: Even His Own Social Media App Hates Him","author":"Mark NC","date":"11\/11\/2025","format":false,"excerpt":"In recent years the mediaverse have been leaning farther and farther to the right. The Washington Post was bought by Jeff Bezos. CBS was acquired by David and Larry Ellison with their purchase of Paramount. CNN's editorial has shifted rightward. Twitter was devoured by Elon Musk. And that's just some\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump Pacifier Fox","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/Pix\/Trump\/trump-phone-pacifier-fox.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61512,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=61512","url_meta":{"origin":68155,"position":4},"title":"Are Trump’s Nazi Videos and Hateful Posts Why Truth Social Lost $327 Million and 19% of Users?","author":"Mark NC","date":"5\/21\/2024","format":false,"excerpt":"The bad news for Donald Trump is piling up as his trial for falsifying business records and election interference (sometimes known as the \"hush money\" trial is winding down. On Tuesday Trump's defense counsel rested their case after calling only two witnesses, one of which was immensely beneficial - to\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump calls for a \"Unified Reich\"","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-unified-reich.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-unified-reich.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-unified-reich.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":66013,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=66013","url_meta":{"origin":68155,"position":5},"title":"Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors\/Dupes","author":"Mark NC","date":"4\/17\/2025","format":false,"excerpt":"It just never stops. 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He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/68155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68155"}],"version-history":[{"count":1,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/68155\/revisions"}],"predecessor-version":[{"id":68157,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/68155\/revisions\/68157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/media\/43040"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}