New York State filed suit against Polymarket U.S. on Thursday, nearly two months after the state sued the platform's competitor, Kalshi. "By skirting New York's laws, Polymarket is targeting the most vulnerable and depriving New York families of critical services and support," state Attorney General Letitia James said in a statement. The lawsuit claims Polymarket operates an illegal gambling platform and is in violation of state gambling laws, including having no license with the New York State Gaming Commission. The lawsuit further claims Polymarket allows activity by users over 18 and cited a report from the state's Office of Addiction Services and Supports that those between 18 and 24 are at "high-risk" of gambling addictions.
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