New York sues Polymarket over alleged illegal gambling operations
Al Jazeera1 min read78 words
New York has filed a lawsuit against Polymarket, alleging that the platform operates illegal gambling activities. The legal action targets the company’s operations and seeks to address the state’s concerns about compliance with gambling regulations.
The suit follows a similar lawsuit the state filed two months earlier against Polymarket’s competitor Kalshi, marking a continued effort by New York to enforce gambling laws against digital prediction markets. The state has now taken legal action against both Polymarket and Kalshi.
Read the original at Al Jazeera
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