New York sues Polymarket over alleged illegal gambling business

4 outlets - including Coindesk, Bitcoinmagazine and Cointelegraph and 1 more - are covering this story. The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.
Covered by 4 outlets
All coverage · 4 articles
New York sues Polymarket, alleging it is running an illegal gambling operation
The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.
New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation
Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation Attorney General Letitia James and Governor Kathy Hochul allege Polymarket operates without a license in a new complaint. This post New York…
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.
New York Sues Polymarket US as ‘Illegal Gambling Business’
New York sued Polymarket US for allegedly running an illegal gambling business, escalating the legal fight against prediction markets in the state.