Online speculators increasing bets on early end to Trump presidency


  • World
  • Thursday, 18 May 2017

U.S. President Donald Trump delivers the commencement address at the U.S. Coast Guard Academy in New London, Connecticut, U.S., May 17, 2017. REUTERS/Brian Snyder

NEW YORK/LONDON (Reuters) - Bettors on both sides of the Atlantic are ramping up wagers in niche online markets over whether Donald Trump will serve out a full term as U.S. president in the wake of controversies surrounding the dismissal of FBI Director James Comey.

Some, such as the online political stock market PredictIt, have seen record volume during the last two days on contracts focussed on whether Trump will be impeached. Others based in the United Kingdom are drawing bets on the less-specific question of whether Trump remains in office until his term expires in January 2021.

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