PolicyFast Company Techabout 2 hours ago
New York Sues Polymarket Over Illegal Gambling
2 min read
New York sued Polymarket on Thursday, claiming the prediction market runs an unlicensed gambling operation. The state seeks fines, restitution for users, and a court order blocking Polymarket from operating there. Governor Kathy Hochul said the platform puts New Yorkers, especially minors, at risk. Polymarket says it will stay in New York, where it employs over 350 people.
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