New York filed a lawsuit against Polymarket on September 24, 2026, alleging that the prediction market platform is operating an illegal gambling operation. This lawsuit is part of a series of legal actions taken by the state against similar companies, including Kalshi, Coinbase, and Gemini, in recent months. New York officials stated their commitment to protecting consumers from corporate misconduct.
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New York files lawsuit against Polymarket for alleged illegal gambling operation
New York has initiated a lawsuit against Polymarket, claiming that the platform is involved in illegal gambling activities. This action follows similar lawsuits against other companies like Kalshi, Coinbase, and Gemini.
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New York accuses Polymarket of running illegal gambling operation in new lawsuit
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New York files lawsuit against Polymarket for alleged illegal gambling operation