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Legal● Neutral for Indian equities
Polymarket sues New York as the state pursues gambling-law action
The brief
- New York alleges Polymarket violated state gambling laws and seeks to block unlicensed operations
- Polymarket sued New York Attorney General Letitia James and other state officials to block regulation
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US state regulation of prediction markets
New York sued Polymarket, alleging it violated state gambling laws and seeking to block its operations without a licence. An appeals court separately ruled that states can regulate Kalshi’s sports prediction markets.
Saturday, 26 September
Thursday, 24 September
- Polymarket sues New York as the state pursues gambling-law action