# New York sues Polymarket over alleged unlicensed gambling operation

https://mins.news/en/item/73132

- CryptoSlate, 2026-09-24 22:50 UTC
- Economy
- Original: https://cryptoslate.com/new-york-sues-polymarket-seeks-triple-gains-and-100000-penalties-over-prediction-markets/

> New York has sued Polymarket operator QCX LLC, alleging its event contracts constitute unlicensed gambling. Attorney General Letitia James is seeking an injunction, restitution, disgorgement and potentially $100,000 penalties, arguing the platform solicited wagers on sports, elections, culture and other events without state licenses.

## Related coverage

- [Polymarket sues New York attorney general to block prediction-market regulation](https://mins.news/en/item/73156) — Reuters, 2026-09-24
- [New York sues Polymarket over alleged illegal gambling operation](https://mins.news/en/item/73124) — CoinDesk, 2026-09-24
- [New York sues Polymarket, calling it an unlicensed gambling operation](https://mins.news/en/item/73022) — The Associated Press, 2026-09-24