Polymarket Set to Relaunch in the US, Aiming to Start Sports Betting Market by End of November

Polymarket, a prediction market platform, is preparing to resume its operations in the US within the next few weeks, according to a report by Bloomberg on the 28th, citing sources familiar with the matter. The company plans to focus primarily on sports betting. Initial transactions are expected to begin by the end of November, but will not initially be widely available to all users. The company aims to expand transaction volumes in time for the peak seasons of American football and basketball. Polymarket is currently accepting pre-registrations from users on its website.