Betting Platform Polymarket Rides On Trump Election Victory

Benzinga

Polymarket, an online election betting platform, announced its return to the U.S. market, aiming to expand following a notable forecast of President-elect Donald Trump’s win. CEO Shayne Coplan credited the recent legalization of U.S. political prediction markets for enabling the platform’s renewed ambitions. A ruling favoring competitor Kalshi and product launches by Interactive Brokers and Robinhood indicate a rapidly expanding prediction market industry. Polymarket recorded over $3 billion trading volume for the presidential race.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02PolyMarket, an online election betting platform, announced its return to the U.S. market,

00:06aiming to expand following a notable forecast of President-elect Donald Trump's win.

00:11CEO Shane Copland credited the recent legalization of U.S. political prediction markets

00:16for enabling the platform's renewed ambitions. A ruling favoring competitor

00:20Cali and product launches by interactive brokers and Robinhood indicate a rapidly

00:25expanding prediction market industry. PolyMarket recorded over $3 billion

00:30trading volume for the presidential race. For all things money, visit Benzinga.com slash GSTV.

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