Polymarket and Kalshi Launch Grocery Giveaways Amid Prediction Market Regulation Debates

Polymarket and Kalshi have initiated free grocery giveaways in New York City, coinciding with ongoing legislative discussions about regulating prediction markets. According to NS3.AI, these initiatives are in line with Mayor Zohran Mamdani's affordability agenda, which proposes city-run grocery stores. However, Mamdani does not possess direct regulatory authority over prediction markets. Meanwhile, New York state legislators are progressing with bills aimed at addressing prediction market practices, creating uncertainty regarding the future operations of these platforms within the state.