# New York Sues Polymarket, Calling Its Prediction Contracts Unlicensed Gambling

Attorney General Letitia James and Governor Kathy Hochul want the platform barred from operating in the state without a gambling license and its alleged gains recovered.

- Published: 2026-09-25T13:11:38.958Z
- Canonical: https://polylog.news/crypto/2026-09-25/new-york-sues-polymarket-calling-its-prediction-contracts-un
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/09/24/new-york-sues-polymarket-alleging-it-is-running-an-illegal-gambling-operation), [Bitcoin Magazine](https://bitcoinmagazine.com/news/new-york-sues-polymarket), [Polymarket](https://polymarket.com/event/what-price-will-wti-hit-in-september-2026)

New York State sued Polymarket, alleging the prediction market operates an illegal gambling business. The complaint asks a court to block the platform from operating without a gambling license and to recover allegedly illegal gains. Attorne…

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