Jamie Dimon says JPMorgan could do prediction markets — with big guardrails

JPMorgan CEO Jamie Dimon said if JPMorgan did prediction markets, it wouldn't include sports or politics. Alexander Tamargo/Getty Images for America Business Forum 2026-04-01T05:21:56.511Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt.

Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Jamie Dimon said JPMorgan could enter prediction markets in the future. The company would avoid sports and politics, he said. Dimon said prediction markets are mostly gambling, with some investing use cases. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What are prediction markets? How do prediction markets impact investing? How might insider trading affect markets? Why might JPMorgan skip sports bets? What role does regulation play here? Jamie Dimon says JPMorgan could one day enter the red-hot world of prediction markets — with tight boundaries. Loading audio narration... "It's possible one day we'll do something like that," he said in an interview with CBS News on Tuesday, adding that JPMorgan is studying how prediction markets might work.Prediction markets like Kalshi and Polymarket, where traders wager on real-world events, are booming as platforms expand into areas like economics, geopolitics, and business outcomes. They also raise concerns around regulation, speculation, and insider trading. Dimon said JPMorgan's approach would be to have clear guardrails."We're not going to be in sports. We're not going to be in politics. There's a bunch of stuff we won't do," he said. He also emphasized strict compliance controls, particularly around insider information."You cannot use inside information at all for any reason, including prediction markets," Dimon said. While Dimon acknowledged the growing relevance of the space, he stopped short of endorsing prediction markets as a pure investing tool."I think for the most part it's more like gambling," he said. However, there are scenarios in which informed participants could treat it more like investing, particularly if they have deep knowledge and are taking the other side of a trade, he said.Dimon took a pragmatic view of gambling, saying "people have been gambling forever." "I'm against it if it's an addiction that ruins your life type thing," he said."I'm a little bit of a libertarian. You have the right to do what you want, the way you want. You know, just take care of yourself," Dimon said.