New York Sues Polymarket to Block Unlicensed Prediction Trading

By Jon Brodkin · Ars Technica · 2026-09-24

New York Sues Polymarket to Block Unlicensed Prediction Trading

Ars Technica reports that Governor Kathy Hochul and Attorney General Letitia James have filed a lawsuit to shutter Polymarket's operations within New York. State officials claim the platform functions as an illegal gambling business that bypasses local tax obligations and age res

Ars Technica reports that Governor Kathy Hochul and Attorney General Letitia James have filed a lawsuit to shutter Polymarket's operations within New York. State officials claim the platform functions as an illegal gambling business that bypasses local tax obligations and age res