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New York and Polymarket File Mutual Lawsuits

New York Attorney General Letitia James and Polymarket filed competing lawsuits over state gambling regulations. The legal clash escalates a nationwide debate on prediction market oversight.

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Polymarket logo is seen in this illustration taken, August 3, 2026. REUTERS/Dado Ruvic/Illustration

New York Attorney General Letitia James and Polymarket sued each other on Thursday, clashing over whether prediction markets constitute illegal gambling. The legal battle escalates a nationwide debate over regulatory oversight across the United States.
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