Polymarket is already working on a full return to the US market aided by sympathetic policy changes of the current administration.

Additionally, the claim "most of the companies registered in Delaware are not trying to dodge US federal regulations" strikes me as dubious. Every company seeks to lower its regulatory burden. If they're not finding loopholes, then often they're the ones writing the regulations and funding congressional campaigns. I'm not sure the claim Polymarket is unique re its relationship to the government in this respect is credible. They seem to be working quite intimately with the current administration on returning from their Biden era "ban".

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raddan an hour ago | parent | next [-]

There’s dodging and then there’s _dodging_. If you are operating in a legal gray area, that’s an unsavory business practice that is, as you say, widespread. Then there’s operating illegally in full view of everybody. I do not personally ascribe to the idea that a thing is OK just because one is not currently being prosecuted. Polymarket (and Kalshi) is bad for the country, their claims to the contrary are highly dubious, and it’s a case where not only are they actually in the wrong, they are quite specifically legally wrong.

	▲	pear01 an hour ago \| parent \| next [-]
		You may feel that way, and I may sympathize. But I really think you are over-indexing on your own personal belief that they are "bad for the country". If we follow your logic then a company is doing more _dodging_ simply on the basis of one's own moral aversion. So maybe if I'm an environmentalist I think coal companies are especially dodgy. If I'm a pacifist maybe a defense contractor. If I'm an evangelical maybe a company that contracts with the government re some reproductive care. "operating illegally in full view" vs "legal gray area" is not a determination that can be made based on your subjective view of what "makes a thing OK". The fact that you pair the accusation that they are "operating illegally in full view" with the notion that you can condemn a thing that is not "currently being prosecuted" only further undermines your argument. Your moral objection is your judgement to make, the question of what is illegal cannot be. The latter is exclusively the domain of the courts, not any individual (or collective) moral outrage. Your seeming desire to conflate the two to satisfy your personal feelings unfortunately undermines whatever cogent points you may have re their legality on the merits. The fact is they are currently working with the government on a return to the US markets. engaging in a government process such as they are seems to not resemble anything akin to "operating illegally in full view of everybody". You would be more convincing if you would levy your criticism in more reasonable terms. I personally suspect there is a lot more "gray area" here than you seem to contemplate.
	▲	Spooky23 an hour ago \| parent \| prev [-]
		Well, the good news for them is that the president’s children are involved in the company. It’ll be very easy to grease the appropriate hands.

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fsckboy an hour ago | parent | prev [-]

>the claim "most of the companies registered in Delaware are not trying to dodge US federal regulations" strikes me as dubious

huh? you aren't making a coherent argument. registering in any US state you are still subject to the same federal regulations, Delaware is not different, it offers no shelter from federal regulations.

in fact, if it is not your primary state of operation, then it subjects you to federal regulations for interstate commerce where you might not otherwise be.