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Add as a preferred source on GoogleNew 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.
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.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.