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Home›Crypto›Regulation›New York seeks to ban Polymarket in lawsuit over unlic…

New York seeks to ban Polymarket in lawsuit over unlicensed gambling

Reported · Written up by our desk · Regulation

Decrypt reports that New York Attorney General Letitia James and Governor Kathy Hochul are pursuing legal action against Polymarket.

The lawsuit alleges the prediction market operates without a license and that it exposes New Yorkers to gambling-related harms.

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Sources

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

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