Polymarket Shifts to Sports Betting Post-Election
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Polymarket, previously known for its election prediction market, has adapted to the post-election period by shifting to sports betting. Despite losing 50% of its volumes after the removal of the top US elections market, the platform has shown signs of organic recovery. In the last quarter of 2024, Polymarket had its most successful year to date, raising questions about its potential for sustainable development. The app now offers more diverse bets for smaller sums instead of relying on one or two dominant markets.
