This report from the Federal Reserve Bank of Philadelphia concludes that the local benefits of casinos would be outweighed by costs such as increases in pathological gambling, crime and personal bankruptcy.
“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