New York Files Lawsuit Against Polymarket Over Alleged Illegal Gambling Operations

New York Attorney General Letitia James and Governor Kathy Hochul have sued QCX LLC, operating as Polymarket US, for allegedly running an unlicensed gambling platform. The lawsuit claims the platform lacks a New York State Gaming Commission license, avoids state taxes, and permits users as young as 18 to participate, violating the state's minimum age requirement of 21 for mobile sports betting. The state is seeking a permanent injunction, restitution for users, and fines totaling three times the company's illegal gains.