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New York Sues Polymarket Claiming Prediction Markets Are Just Illegal Bets

What This Fight Is Really About New York says Polymarket runs unlicensed gambling that lets 18-year-olds stake money on sports. Polymarket fires back that federal CFTC rules alone control its event contracts. The same baseball outcome draws different age limits and protections depending only on the app’s button label. By Samuel López | USA Herald New…

Coverage (1)· Sep 26, 2:06 PM

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USA Herald· Sep 26, 2:06 PMNew York Sues Polymarket Claiming Prediction Markets Are Just Illegal Bets

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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.

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