New York defies Trump admin, asks court to shut down Polymarket gambling

New York sued Polymarket today, alleging that it runs an "illegal gambling operation" through its prediction market. “By running an unlicensed gambling operation, Polymarket has done more than just knowingly violate state law, they have put New Yorkers at risk, especially those underage who are most vulnerable to problem gaming," Governor Kathy Hochul said in a press release announcing the lawsuit. Polymarket is "sidestepping its obligation to pay taxes like licensed casinos and mobile sports ga