NYC Council Launches Probe into Polymarket, Kalshi Marketing Practices Over Predatory Concerns

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12 August 2026 at 11:01 pm

NYC Council Launches Probe into Polymarket, Kalshi Marketing Practices Over Predatory Concerns

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Summary

The NYC Council is investigating Polymarket and Kalshi over concerns about their marketing tactics, which it describes as "predatory" and "potentially false, deceptive, or abusive."

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