Polymarket and Kalshi Court Mayor Mamdani as NYC Weighs Prediction Markets Regulation

Prediction market platforms Polymarket and Kalshi are staging high-profile grocery giveaways in New York City as lawmakers debate legislation that could sharply restrict their business in the state.

The timing places both companies squarely in the political orbit of Zohran Mamdani. This new mayor’s affordability agenda includes a proposal for city-run, non-profit grocery stores.

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Free Groceries as Political Backdrop

Polymarket announced today that it had signed a lease for a…