Polymarket accused by New York of running illegal gambling operation
( September 24, 2026, 19:32 GMT | Official Statement) -- MLex Summary: New York Attorney General Letitia James and Governor Kathy Hochul announced a lawsuit accusing Polymarket of running an illegal gambling operation in New York through its prediction market platform. An investigation concluded that Polymarket’s prediction market is an illegal, unlicensed gambling operation that exposes New Yorkers – including those under the legal gambling age of 21 – to serious personal and financial risk. The lawsuit is seeking a court order stopping Polymarket from operating in New York state and requiring the company to pay fines, forfeit all illegal gains, and pay restitution to users.Statement follows in full. Also see attached file. ...
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