Since the decline of the steel industry, Gary, Indiana has been a city struggling to keep up. Twenty years ago, Gary opened its first casinos, spirits buoyed by the casino industry’s lofty promises of economic development and help for cities in need. Now, after two decades of casino gambling and two decades of struggles in Gary, lawmakers are beginning to see that those promises have not panned out.
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
August 12, 2026
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing