Polymarket’s US return brings new competition for retail prediction market traders

Americans can now trade predictions on everything from sporting results to major events. Polymarket wants a piece of that action, but getting regulatory approval was only its first big hurdle. Polymarket has spent the past few years watching Americans trade predictions from the sidelines. Now it's back, with regulatory approval and a chance to win over US traders who have developed an appetite for betting on real-world events. Getting back into the country took a $112 million deal, but getting Americans to trade on Polymarket is an entirely different challenge. The $1.4 million settlement that kept Polymarket out Polymarket's American troubles began well before prediction markets became a regular talking point in financial news.

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