Polymarket and Kalshi Court Mayor Mamdani stated that New York City is weighing regulation of prediction markets.

Under close scrutiny by the New York State legislature, prediction market platforms Polymarket and Kalshi are hosting free grocery events in New York City to align with Mayor Zohran Mamdani’s “Affordability” agenda. Polymarket has rented a temporary “free grocery store” and donated $1 million to a local food bank; Kalshi has paid the entire bill for customers at a Manhattan supermarket. These initiatives echo the mayor’s proposal for a nonprofit grocery store operated by the city government, but both companies have stated that they have not coordinated with the city government. Meanwhile, New York State lawmakers are advancing several bills, including the , which could restrict prediction contracts and require operators to obtain licenses issued by the state government, citing concerns over gambling and market manipulation.