Tag: new york
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New York Wants Sportsbooks To Pursue You More Sustainably
New York is weighing draft regulations, which could be adopted this year, that would require gambling platforms to, in Gov. Kathy Hochul’s words, “take real action” against gambling harm. Despite a fluffy press release, New York would still allow the fox to guard the henhouse. Hochul’s statement is an admission that the industry is not…
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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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