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BUSINESSThe Hill·12h ago

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

Photo · The Hill
AI TLDR · GEMINI

New York state has filed a lawsuit against the prediction market platform Polymarket, alleging that the company is operating an illegal gambling business.

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...

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