New York defies Trump admin, asks court to shut down Polymarket gambling

New York filed a lawsuit against Polymarket, a prediction market platform, seeking to shut down its operations within the state. The action occurred as the Trump administration moved to intervene in the case. Polymarket allows users to wager on the outcomes of political events, elections, and other future occurrences. New York state gambling regulators have asserted that the platform operates without proper licensing under state law. The lawsuit's outcome remains pending in court.

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