Polymarket readies US comeback with sports betting focus

The prediction market is planning a limited US launch by late November, following its acquisition of QCX and regulatory clearance earlier this year.

Polymarket, the blockchain-based prediction market platform, is preparing to reenter the US with a focus on sports betting, Bloomberg reported. Initial trading could start by late November, with limited access during the rollout.

The relaunch marks a major comeback for the firm, which paid a $1.4 million CFTC fine in 2022 and moved offshore. Polymarket has since acquired QCX, a company holding CFTC exchange and clearinghouse licenses, after the DOJ and CFTC dropped investigations earlier this year. The firm is also targeting a valuation between $12 billion and $15 billion.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

Polymarket readies US comeback with sports betting focus

The prediction market is planning a limited US launch by late November, following its acquisition of QCX and regulatory clearance earlier this year.

by Estefano Gomez

Oct. 28, 2025

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Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.