It’s MAGA v Broligarch in the battle over prediction markets
The Polymarket website hosts trading on whether Houthi militias would strike Israeli territory arranged on a laptop computer in Forest Hills neighborhood in the Queens borough of New York, US, on Sunday, Jan. 4, 2026. | Bloomberg via Getty Images.
Hello and welcome to Regulator, a newsletter for Verge subscribers about the love-hate (but mostly hate) relationship between Silicon Valley and Washington. I hope everyone got to celebrate George Washington's birthday in their preferred manner: skiing, staycationing, subscribing to The Verge if you haven't already, etc.
Prediction: this is going to be a messPolitical alliances are rarely permanent, so it's somewhat predictable that the MAGA-tech bro alliance seems to have fallen apart in the span of a single year. Which side the administration would actually choose, though, was more difficult to foresee.
Last winter, it appeared that …