Former Vice President Joe Biden has widened his lead against President Donald Trump in two online betting markets.
U.K.-based PredictIt and New Zealand-based Smarkets, the two most heavily trafficked online betting sites, have favored Biden to win the 2020 presidential election.
Biden has a comfortable lead on PredictIt with 53% favorability compared to 47% for Trump. On Smarkets, Biden had 50% versus 43% for Trump.
The former vice president's ascendancy comes as the cities around the country are getting ravaged by riots following the death of George Floyd, a black man who was killed after a white officer in Minneapolis kneeled on his neck.
This bump represents a new resurgence for Biden, who trailed Trump on each platform last week, CNBC reported.
A RealClearPolitics poll showed Biden 8 points ahead of Trump.
"Nationwide protests in the wake of George Floyd's killing and Trump's response have seemingly had wide-reaching consequences for the 2020 election," a political analyst with Smarkets told CNBC.
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