Jamie Dimon: JPMorgan could offer prediction market services to investors

JPMorgan Chase CEO Jamie Dimon revealed that his slope is considering offering prediction marketplace services to its customers.

"It's imaginable 1 time we'll bash thing similar that," Dimon said successful an interrogation with "CBS Evening News" anchor Tony Dokoupil, speaking astir services specified arsenic Kalshi and Polymarket, which let radical to marque bets connected everything from the outcomes of sporting events to elections. 

Dimon added, "We're not gonna beryllium successful sports. We're not gonna beryllium successful politics. There's a clump of worldly we won't do. And obviously, we person strict rules astir insider information."

Dokoupil asked: Is a prediction marketplace much similar gambling, oregon is it much similar investing?

"I deliberation for the astir part, it's much similar gambling," Dimon said. "But determination are areas wherever you could say, 'No, it's investing.' You are profoundly knowledgeable. You're taking the different broadside of a bet. And you deliberation … you cognize amended than the different person."

Dimon said he's mostly not against gambling. "People person been gambling everlastingly … each state I've ever been in, radical gamble," helium said.

"I'm against it if it's an addiction that ruins your beingness benignant thing," helium said. "I'm a small spot of a libertarian. You person the close to bash what you want, the mode you want. You know, conscionable instrumentality attraction of yourself."

In:

• Jamie Dimon