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New York sues Polymarket, seeking to halt operations as unlicensed gambling
- New York sues Polymarket, seeking to halt operations as unlicensed gambling — New York Attorney General Letitia James and Governor Kathy Hochul announced a lawsuit against the domestic branch of Polymarket, seeking a court order stopping it from operating as an unlicensed gambling business in the state. New York now has cases against four prediction market businesses, while the CFTC has intervened in other states arguing it should be the sole regulator. (Engadget)
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