economy

February 14, 2026

Polymarket is back in the U.S. with a free grocery store—what to know about it and other prediction markets

Prediction markets such as Polymarket and Kalshi let users win money by correctly guessing the outcome of practically any event.

Polymarket is back in the U.S. with a free grocery store—what to know about it and other prediction markets

TL;DR

  • Polymarket, a prediction market, has relaunched in the U.S. after receiving federal regulatory approval.
  • The company faced a $1.4 million fine in 2022 and was forced to block U.S. users by the CFTC.
  • Polymarket and rival Kalshi are in legal disputes with state regulators over whether event contracts on sports constitute gambling.
  • Prediction markets operate by allowing users to trade contracts, with prices reflecting the perceived likelihood of an event's outcome.
  • Financial experts suggest these markets should be treated as a speculative "opportunity portfolio" rather than a core investment strategy.
  • The distinction between prediction markets and gambling is a subject of ongoing legal debate.

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