New York Accuses Polymarket US of Running ‘Unlicensed Gambling’

New York filed a lawsuit Thursday against Polymarket US, alleging the company operates as an unlicensed gambling platform. The state's action names the prediction market service as a defendant in what New York officials characterized as an enforcement matter. Polymarket US operates a platform where users wager on the outcomes of events including elections and sports. The company has not publicly responded to the lawsuit filing.

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