New York Sues Polymarket for Illegal Gambling Operation After Kalshi

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New York Attorney General Letitia James has sued Polymarket, accusing its U.S. business of running an illegal gambling platform in the state. Filed on September 24, the lawsuit adds to New York’s growing fight against prediction markets. The move comes after similar action taken against Polymarket’s rival Kalshi. New York Sues Polymarket: What It Demands …