Betting Markets Predict Andrew Cuomo Will Win NYC Mayoral Primary
Betting markets Polymarket and Kalshi show former Gov. Andrew Cuomo as the favorite to win the Democratic nomination for New York City mayor over Assemblymember Zohran Mamdani as of Tuesday afternoon, reversing an earlier lead by Mamdani.
FILE- This combination photo shows on left, Democratic mayoral candidate Andrew Cuomo speaking ... More during a Democratic mayoral primary debate, Wednesday, June 4, 2025, in New York and on right, Assemblyman Zohran Mamdani talking to people after the New York City Democratic Mayoral Primary Debate at the John Jay College of Criminal Justice in the Gerald W. Lynch Theater on Thursday, June 12, 2025 in New York City. (AP Photo/Yuki Iwamura, file and Vincent Alban/The New York Times via AP, Pool, file) Associated Press
Mamdani held an earlier lead over Cuomo after an Emerson College/WPIX/The Hill survey Monday found Mamdani catching up to the former governor by 10 points since last month's poll.
The survey also found that the majority of voters under 50 favor Mamdani while Cuomo leads among those over 60.
Both candidates have received influential endorsements from billionaires, prominent Democrats and some of the city's leading business figures.. Billionaire and former mayor Michael Bloomberg donated $5 million to Cuomo's mayoral bid and an additional $3.3 million to a super PAC supporting Cuomo. On Sunday, former President Bill Clinton endorsed Cuomo, saying 'he knew how to get things done' and would 'stand up and protect the people of this city' from President Donald Trump, according to the New York Times. Billionaire hedge fund manager and Trump backer Bill Ackman also donated $250,000 to Cuomo in April. Other Cuomo backers include tens of thousands of dollars from billionaire and Home Depot co-founder Kenneth Langone, DoorDash and Lyft, New York Magazine reports. Earlier this month, Rep. Alexandria Ocasio-Cortez, D-N.Y., endorsed Mamdani in an interview with The Times, and Vermont Sen. Bernie Sanders endorsed Mamdani in a post on X a few weeks later. Mamdani also cross-endorsed New York City Comptroller Brad Lander—third in the polls, according to The Times—who was recently arrested by U.S. Immigration and Customs Enforcement in an immigration court building after asking officers for a judicial warrant.
Despite Cuomo leading most polls in the race, Mamdani has gained traction in the last few weeks, according to poll numbers cited by Newsweek.
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