US EditionPolymarket and Kalshi Stage Dueling Free Grocery Stunts in NYC
Polymarket donated $1 million to Food Bank For NYC and will run a free grocery pop-up for five days to help ease rising grocery costs in the city.
- Starting Feb. 12 at noon, the Polymarket pop-up will operate a 5-day free grocery store open to all New Yorkers, with a $1 million donation to Food Bank For New York City.
- After months of planning, Polymarket said the activation followed securing permits, signing a lease, and construction as a reinvestment in New York City with founder Shayne Coplan’s involvement.
- At Westside Market on Tuesday, Kalshi offered up to $50 per shopper, drawing long lines and nearly 24 RSVPs, Business Insider reported.
- The stunts quickly boosted brand visibility as prediction-market platforms seek mainstream recognition, while New York Attorney General Letitia James and Albany lawmakers increase regulatory scrutiny.
- With 1.2 million New Yorkers classified as food insecure, experts note public grocery models can lower costs by removing overhead and using commissary-style systems.
41 Articles
41 Articles
Betting company Polymarket opens NYC's first free grocery store in downtown Manhattan
A prediction market company best known for allowing users to bet on world events is stepping into New York City’s food scene — if only briefly — with the launch of what it’s calling the city’s first-ever free grocery store.Polymarket will be open for New Yorkers in Lower Manhattan starting at 12PM from Feb. 12 through Feb. 16, according to the NYC for Free website. It’s being described as the city’s first free grocery store, "fully stocked" and …
The private sector handles hunger better than Mamdani could
New York City Mayor Zohran Mamdani has proposed government-run grocery stores to make food cheaper, which ignores that the retail grocery sector operates with razor-thin profit margins. This week, Polymarket and Kalshi made headlines for their charitable grocery initiatives, but nonprofits have been dutifully feeding needy New Yorkers for decades. Polymarket, the largest prediction market platform in the world, announced Tuesday it had donated $…
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