Will courts block Mamdani's grocery stores by October 31?
BUY YES
- Cost
- 9.0¢
- Implied chance
- 9.0%
- Return if right
- 1011.1%
- Spread cost
- 18%
If you put in $100
You get 1111.1 shares at 9.0¢ each.
YES wins: $1111.11 back, a profit of $1011.11. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $222.22 of that profit. Without it you would make $1233.33.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 94.0¢
- Implied chance
- 94.0%
- Return if right
- 6.4%
- Spread cost
- 21%
If you put in $100
You get 106.4 shares at 94.0¢ each.
NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $1.73 of that profit. Without it you would make $8.11.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest news
headlines link to their publishers- Grocers issue warning over Mamdani’s taxpayer-backed stores: 'We're going to go after' themFox News · 6h ago
- NYC: Mamdani opposes rally with Hindu nationalist leaderDeutsche Welle · 7h ago
- Mamdani opposes Hindu nationalist event in New YorkAl Jazeera · 12h ago
- Mamdani launches fast-track housing-court push, says landlords unable to comply ‘should not be a landlord’Fox News · 19h ago
- Hochul predicts Mamdani will 'be helpful' in her reelection bidThe Hill · 21h ago
- New York business group sues Mamdani over city-owned grocery stores planThe Guardian · 1d ago
Headlines are matched on the names in “Will courts block Mamdani's grocery stores by October 31?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
The Multicultural Business Coalition has filed a lawsuit against the City of New York seeking to block the opening of five municipally owned grocery stores planned under Mayor Zohran Mamdani's administration. This market will resolve to "Yes" if, between market creation and the specified date at 11:59 PM ET, a court issues any order — including a temporary restraining order, preliminary or permanent injunction, or other relief — that has the effect of prohibiting, suspending, or pausing the opening or operation of one or more of the planned municipal grocery stores. Otherwise, this market will resolve to "No". A qualifying order issued within the market timeframe will resolve this market "Yes" regardless of whether it is later vacated, reversed, stayed, or superseded, regardless of its stated duration, and regardless of whether any store would otherwise have opened during the market timeframe. A settlement, voluntary dismissal, or withdrawal of the litigation; a dismissal by the court; the City abandoning or modifying the grocery program in the absence of a qualifying court order; or any other disposition in which no qualifying order is issued will resolve this market "No". The primary resolution sources will be official court records and filings; however, a consensus of credible reporting may also be used.