Published on: May 14, 2026, at 06:57h.
Updated on: May 14, 2026, at 06:57h.
- The president’s financial disclosures reveal investments in DraftKings and Red Rock Resorts, among other gaming stocks.
- He also divested from some gaming assets.
- The report outlines over 3,600 transactions.
President Trump’s financial advisors were active in the first quarter, managing a portfolio that included both purchases and sales of various gaming stocks.
According to Trump’s first-quarter financial disclosure submitted to the US Office of Government Ethics (OGE), his financial team acquired between $50,001 and $100,000 worth of Red Rock Resorts (NASDAQ: RRR) shares on March 30, following an earlier purchase of $1,001 to $15,000 in DraftKings (NASDAQ: DKNG) stock on January 21.
Interestingly, Trump’s advisors also purchased $1,001 to $15,000 in Flutter Entertainment (NYSE: FLUT) shares on the same date. Flutter is the parent company of FanDuel, the leading online sportsbook in the US. The OGE mandates detailed reporting of transaction dates and dollar ranges, but not specific amounts.
While none of these transactions are particularly surprising, Trump’s investment in Red Rock is noteworthy due to his amicable relationship with Frank and Lorenzo Fertitta, the majority stakeholders in the company, who have contributed to Trump’s campaign and various Republican efforts.
Trump’s Divestments in Gaming Stocks
The president was not solely in an acquisition mode during the first quarter; he also liquidated some gaming investments. On February 12, he sold $1,001 to $15,000 worth of Churchill Downs (NASDAQ: CHDN) stock.
Additionally, on March 17, Trump’s financial advisors unloaded between $100,001 and $250,000 in Wynn Resorts (NASDAQ: WYNN) stock. This is particularly interesting as Tilman Fertitta, who serves as Trump’s ambassador to Italy and San Marino, is the largest shareholder at Wynn, controlling roughly 13% of the company’s shares.
There are rumors that Fertitta might consider selling part or all of his Wynn shares to help facilitate a potential acquisition of Caesars Entertainment (NASDAQ: CZR), although this is speculative. Recent SEC filings show that Fertitta has been selling call options against his shares in Wynn, a strategy that generates income.
In addition to these transactions, Trump’s financial team also divested from Coinbase Global (NASDAQ: COIN) and Robinhood Markets (NASDAQ: HOOD), both of which are significant players in the prediction markets space. The OGE disclosures indicate that he exited these positions just a week after initiating them.
Trump’s Active Trading in Q1
While it was Trump’s advisors who executed the trades, the OGE filing, which consists of 113 pages, captures an impressive total of 3,642 transactions, encompassing both purchases and sales during the initial quarter of the year.
For reference, this averages to nearly 60 transactions each day, given that the US markets were operational for 61 days in that quarter.