New York Sues Polymarket Over Alleged Illegal Gambling Operations

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The state of New York has filed a lawsuit against prediction market platform Polymarket, accusing it of running an illegal gambling operation. Authorities allege that Polymarket has been operating without the required gambling license. The state is seeking a court order to block Polymarket from continuing its operations in New York. Additionally, officials are looking to recover financial gains that they claim were illegally obtained by the platform.

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