PolicyReadWriteabout 5 hours ago
Polymarket Moves New York Suit to Federal Court
1 min read
New York sued Polymarket, alleging it runs an illegal gambling business without a state gaming license. Polymarket responded by moving the case to federal court and suing New York's gaming officials. The filing extends the state's earlier fight with rival Kalshi and sets up another test of whether state gambling law or federal commodities regulation governs prediction markets.
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