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New York Sues Polymarket Over Alleged Illegal Gambling Business

The state alleges the prediction-market platform operated an illegal gambling business, but has not disclosed detailed claims or requested remedies.

Courthouse steps beneath an overcast New York morning sky / TokenPost.ai
Courthouse steps beneath an overcast New York morning sky / TokenPost.ai

New York state has sued Polymarket, alleging the prediction-market platform operated an illegal gambling business in the state.

The lawsuit places Polymarket’s operations at the center of a legal challenge over whether its prediction-market activity violates New York gambling laws. The state has not disclosed further details about the specific claims or the remedies it is seeking.

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