Donald Trump Jr. is leaving his advisory role at prediction market platform Kalshi, according to multiple reports. Coverage agrees that the change ends his involvement with the company as an adviser.

The context in the reports centers on a perceived conflict involving Polymarket, which some outlets describe as a Kalshi rival. New York Post and Forbes both tie the advisory exit to Trump Jr.’s financial activity through his firm, 1789 Capital, which is reported to have expanded its stake in Polymarket. Bloomberg frames the departure in relation to the political fallout the role has caused, while still describing it as an exit following the most recent midterms.

Seeking Alpha also reports that Trump Jr. is out as Kalshi’s adviser, consistent with the other outlets’ core point. Across sources, the main differences are in what they emphasize first—contract termination details, the Polymarket link, or the political consequences of his prior role.