New York sues Polymarket over alleged unlicensed gambling, seeking fines and restitution as courts weigh state rules for prediction markets.

New York sues Polymarket over alleged unlicensed gambling, seeking fines and restitution as courts weigh state rules for prediction markets.

New York sued the prediction market Polymarket on Thursday, arguing the platform is an unlicensed gambling operation and calling for a judge to block the company from operating in the state.