New York sues Polymarket over alleged illegal gambling

New York sues Polymarket, alleging it is running an illegal gambling operation

CoinDesk•Helene Braun

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 Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Bitcoin Magazine•Mathew Di Salvo

New York accuses Polymarket of flouting gambling laws

The New York State Gaming Commission has not issued a license to Polymarket or its competitor Kalshi, meaning the platforms don't pay taxes that go toward funding schools and gambling addiction programs.

Courthouse News•Nina Pullano

New York files lawsuit against Polymarket, calling it an illegal gambling operation

‘Polymarket was founded in a tiny NYC apartment and now has more than 350 employees here,’ Polymarket’s chief legal officer said

The Independent•Riley Hoffman

New York sues Polymarket over allegations of illegal gambling operations

The lawsuit comes two months after the state filed a similar lawsuit against competitor Kalshi.

Al Jazeera

New York defies Trump admin, asks court to shut down Polymarket gambling

New York sues Polymarket as Trump admin tries to override state gambling laws.

Ars Technica•Jon Brodkin

New York Sues Polymarket Over Alleged Illegal Gambling

New York alleged Polymarket operates as gambling and is seeking to block the platform in the state.

Bankless•David Feld

3 Surprising Facts About New York’s Polymarket Lawsuit

New York sued Polymarket over alleged illegal gambling. Here are three details that make the case far more significant.

BeInCrypto•Mohammad Shahid

Polymarket sued by New York over alleged illegal gambling

New York Attorney General Letitia James has sued Polymarket, alleging that the prediction market operated without a state gambling license and allowed people under 21 to use its platform. According to a petition filed by New York Attorney General Letitia…

Crypto.news•Lawrence Mondal

New York continues to fight prediction markets with a lawsuit against Polymarket

The state now has illegal gambling charges underway against four of these businesses.

Engadget•staff@engadget.com (Anna Washenko)

New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'

Attorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.

Decrypt•Decrypt Staff

New York Sues Polymarket Over Alleged Unlicensed Gambling and Underage Trading

New York is suing Polymarket US, alleging the prediction market operates illegal gambling without a state license and allows users under 21 to bet.

CryptoPotato•Jose Oramas

New York accuses Polymarket of running illegal gambling operation in new lawsuit

New York sued Polymarket on Thursday, accusing the prediction market platform of running an illegal gambling operation. It marks the latest lawsuit from the Empire State, which has levied similar allegations against Kalshi, Coinbase and Gemini in recent months. “I will always stand up for New Yorkers when bad corporate actors prey on consumers and…

The Hill•Julia Shapero

New York sues Polymarket U.S., two months after filing lawsuit against Kalshi

State attorney general Letitia James claims Polymarket has violated the state's gambling laws.

CNBC

New York moves to block Polymarket from the state, alleging it’s running an illegal gambling operation

New York has sued Polymarket, accusing it of operating an illegal gambling operation and asking a court to block it from operating.

The Block•Sarah Wynn

New York Sues Polymarket US Over Unlicensed Gambling

Attorney General Letitia James asks a Manhattan court to shut the CFTC-designated exchange out of the state, award three times its gains, and impose $100,000 for each sports contract it offered.

The Defiant•The Defiant Team

NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling

New York has sued Polymarket, accusing the prediction market of running an illegal gambling operation while advertising sports betting across all 50 states. New York Attorney General Letitia James’ lawsuit reveals the latest front in a widening fight between states and federal regulators over who gets to police prediction markets. New York Comes for Polymarket […]

Bitcoin.com News•Jamie Redman

New York sues Polymarket over alleged illegal gambling operation

The lawsuit against Polymarket underscores the ongoing jurisdictional battle over prediction markets, potentially impacting regulatory frameworks.

CryptoBriefing•Estefano Gomez

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.

Cointelegraph•Cointelegraph by Turner Wright