Betting platform Polymarket halted U.S. operations in 2022, but plans to bring its prediction markets back to customers in the United States.
"I want to give a lot of credit to the people who fought the battle to go and legalize political prediction markets in America," Polymarket founder and CEO Shayne Coplan told Andrew Ross Sorkin on"Squawk Box," in his first live TV interview."Now we are in the position to be aggressive around expansion."Polymarket's betting platforms are currently only available to customers outside of the United States. In 2022, it halted U.S. operations and paid a $1.
"The great thing about these markets is people have money on the line," Robinhood CEO Vlad Tenev told Sorkin in an interview from the company's"Hood Summit," more than a week before the company officially launched its election contracts. These betting platforms, where President Elect Donald Trump's victory was wagered on with millions of dollars, also stand to benefit from a changing of the guard in Washington.
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