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Polymarket, the prediction market operator, has obtained certifications through its associated companies to facilitate legalized sports betting to the launch.
Since the company has received green light to offer its betting services in North America, there has been an acceleration impulse to make them available to autumn sports action.
Polymarket profits approval to operate sports betting at launch
As we reported, Polymket acquired, as part of a $ 112 million agreement, an exchange of derivatives of the Basic Products Commerce Commission, QCX LLC, and its Clearinghouse, QC Clearing LLC, collectively known as “Qcex”.
This key business allowed Polymket to establish a support point and continue operating in North America. This was backed with a thin approval of the Razor of the Basic Products Future Commission (CFTC).
At that time, Shayne Coplan, founder and CEO of Polymket, said: “Polymarket is the largest prediction market worldwide and has become synonymous with understanding the probability of current events.”
He then published on social networks about the approval of Polymarket to operate in North America and the return home that has divided state and federal regulators for more than a year.
Polymarket has acquired Qcex, an exchange regulated by CFTC and a cleaning house, for $ 112 million.
This paves the way for us to welcome US merchants again.
I have waited a lot of time to say this:
Polymarket returns home
pic.twitter.com/qjd5zbuwki
– Shayne Coplan
Polymarket updates deadlines to offer sports bets
Now, as part of the official notices published on the QCEX website, the supplier has a possible lunch date to offer betting lines.
He regulatory statements At the CFTC Clara Company site, he states that there was a date of time at the time of October 7, 2025, after which Polymket could begin to offer event lines, but this has now changed to October 2, 2025.
Another interesting point is the regulatory presentation that indicates that the data polymerce will use for its sports lines officially comes from Sports data.
Excavating a little deeper, the data provider published an article in August that supported the increase in prediction markets with a statement: “Today’s niche does not mean niche forever.”
Saying“Kalshi, Polymarket and Sporttrade are building more compatible and easy to use versions of what once began as external projects. But let’s not forget: this is not a new trend. It is a maturation that finally obtains its due.”
Outstanding image: Polymket.
The post Polymket aims to launch with legalized sports bets appeared first in Readwrite.
