Polymarket’s Latest Pop-Up Is a Sports Bar for Watching the News

The Situation Room by Polymarket pop-up bar in Washington on March 20.Photographer: Graeme Sloan/Bloomberg

Polymarket took over a bar near the White House, for a promotional event showcasing the prediction market’s vision of betting on current events as a new form of entertainment.

The Situation Room, as Polymarket is calling it, will be open for a single weekend, with rows of TVs on the walls and above the bar, showing newscasts and financial tickers. A human-sized globe covered in screens displayed the odds from Polymarket’s exchange, where users bet on the outcomes of elections, sports and military conflict.