# Polymarket Slams New York Lawsuit

> New York sues Polymarket over illegal gambling claims.
- Title: Polymarket Slams New York Lawsuit · Pymnts | Shortify
- Summary: New York sues Polymarket over illegal gambling claims. New York sued Polymarket for operating unlicensed prediction markets, claiming it targets vulnerable…
- Keywords: polymarket, new york, prediction markets, gambling, ny state gaming commission, cftc, kalshi, business, finance, Slams, York, Lawsuit
- Source: Pymnts — https://pymnts.com/economy/markets/2026/polymarket-slams-new-york-lawsuit-as-state-targets-prediction-market-sector
- Author: PYMNTS
- Published: 2026-09-24T21:11:08+00:00
- Read time: 1 min
- Topics: polymarket, new york, prediction markets, gambling, ny state gaming commission, cftc, kalshi, business, finance
## New York sues Polymarket
New York sued Polymarket US, QCX LLC, claiming its prediction markets run illegal gambling operations without state licensing.
## New York's claims
New York alleges Polymarket meets gambling legal definitions and failed to obtain a license from the New York State Gaming Commission.
## New York's statements
New York Attorney General Letitia James said Polymarket targets vulnerable families and deprives New York residents of critical services.
## New York Governor's warning
New York Governor Kathy Hochul warned Polymarket puts New Yorkers at risk, especially underage users vulnerable to problem gaming.
## Polymarket's response
Polymarket's chief legal officer Neal Kumar said the company will fight for users, criticizing New York's recycled lawsuit approach.

> While the AG’s decision to copy/paste a recycled lawsuit is disappointing, we’ll fight for our users
## Broader context
New York previously sued Coinbase and Gemini Titan, and the CFTC sued New York over gambling law applications to contract markets.
## Key takeaway

New York sued Polymarket for operating unlicensed prediction markets, claiming it targets vulnerable users and risks underage gambling.