JUSTTHENEWS (The Center Square Staff) - New York and Polymarket headed to court over prediction market
The suit claims Polymarket is "subverting New York’s express regime by facilitating gambling in New York without required responsible gambling features mandated for licensed sports wagering operations, and without any oversight by the New York State Gaming Commission, exposing New Yorkers to gambling addiction with few, if any, safeguards."
What are the specific allegations against Polymarket concerning its operations in New York?
The suit alleges that Polymarket facilitates gambling in New York without the responsible gambling features mandated for licensed sports wagering operations and without any oversight by the New York State Gaming Commission, which may expose New Yorkers to gambling addiction with few, if any, safeguards.
Q&A ID aa4091fe-85a6-4340-b6ec-5e81f35f1a34
What is the legal dispute between New York and Polymarket regarding prediction markets?
New York and Polymarket are heading to court because a suit claims Polymarket is subverting New York’s express regime by facilitating gambling in New York without the required responsible gambling features mandated for licensed sports wagering operations, and without oversight by the New York State Gaming Commission.
Q&A ID 41ceca32-d5a3-49ad-92ef-218a66df44ec