Prediction Markets: New York AG and Governor Hochul File Lawsuit Against Polymarket, Tennessee AG Wins Appeal in Battle with Kalshi
New York AG Letitia James and Governor Kathy Hochul announced a lawsuit against QCX LLC d/b/a Polymarket US (Polymarket) for allegedly running an illegal gambling operation in New York through its prediction market platform. The AG asserts that an investigation found that Polymarket’s prediction market is an illegal, unlicensed gambling operation that exposes New Yorkers…


