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Tag: new york
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I Visited Polymarket’s Closed Grocery Store. It Was A Cry For Help.
As state governments across the country scrutinize prediction markets such as Polymarket for allegedly operating illegal sports gambling, the nascent industry responds with high-profile revolving-door lobbyists and free grocery stores. I visited Polymarket’s now-shuttered grocery in Lower Manhattan, New York City. It was a brisk, sunny afternoon. Dozens of people queued on the sidewalk. Workers…
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Gambling Website Dangles Grocery Money In Marketing Ploy
A controversial gambling app will give some New Yorkers grocery money. The dystopian stunt comes amid a city cost-of-living crisis. Kalshi, a so-called prediction market, said Monday that it will cover $50 worth of food items at the WestSide Market in NYC at a special event on Tuesday. According to the New York Post, Kalshi…
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Opinion | With NYC Casino Projects, Progressive Politicians Expose Their Hypocrisy
In New York City, Las Vegas-style casinos—two in Queens and one in the Bronx—are coming during a crisis. Ask any local politician what the number one issue on the ballot is for the 2026 election cycle, and they’ll give you the same answer: affordability. New Yorkers overwhelmingly turned out in 2025 to vote in the…
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New York ‘Prediction Markets’ Bill Would Deal Massive Blow To Gambling Platforms
A bill in New York would deal a gigantic blow to so-called “prediction markets” — online platforms that take bets on a wide variety of real-world events, including sports. Under federal oversight, some of these platforms have seen skyrocketing valuations in the second half of 2025. Under the proposed New York legislation, A9251, prediction markets…
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New York Bill Would Restrict AI Use In Gambling Therapy
Proposed legislation in New York would address the use of artificial intelligence (AI) in therapy — including treatment for gambling addiction. As of late 2025, New Yorkers and visitors to the state have wagered $72.8 billion on sports gambling since 2022, according to state figures compiled by Legal Sports Report. With over 50% of online…
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