Polymarket Begins Its US Comeback — Starting With Sports Bets

[bonk]

Prediction platform Polymarket has officially begun its long-awaited US relaunch. The platform announced that waitlisted users will receive the first access to its new US app — starting with sports event markets, with broader event markets rolling out soon.

This relaunch comes roughly three months after Polymarket secured regulatory breathing room when the CFTC issued a no-action letter to a derivatives exchange it acquired, clearing a pathway back into the US.

With prediction markets heating up and 2024 being a massive year for event-driven trading, Polymarket is positioning itself to reclaim serious market share in the United States.

[Abdul Khan]

Sports betting is a smart entry point for a US comeback.

[Nahid Hossen]

If adoption grows here, the rest of the platform will follow quickly.

[Nahid Hossen]

This relaunch comes roughly three months after Polymarket secured regulatory breathing room when the CFTC issued a no-action letter to a derivatives exchange it acquired, clearing a pathway back into the US.

[Nahid Hossen]

The veto stall leaves Poland in regulatory limbo yet again.

[Abdul Khan]

Harsh sentencing signals increasing pressure on anyone aiding sanctioned actors.