As the primary election for New York City mayor draws closer, Assemblymember Zohran Mamdani's chances of securing the Democratic nomination have notably increased according to betting markets Polymarket and Kalshi. This rise coincides with high-profile endorsements for both Mamdani and former Governor Andrew Cuomo. Noteworthy backers of Cuomo include billionaire Michael Bloomberg and former President Bill Clinton, while Mamdani has garnered attention from figures such as Rep. Alexandria Ocasio-Cortez and Senator Bernie Sanders, showcasing a significant shift in momentum in the political landscape.
"Despite Cuomo leading most polls in the race, Mamdani has gained traction in the last few weeks..."
"Both candidates have received influential endorsements from billionaires and prominent Democrats..."
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