New York Sues Polymarket US Over Alleged Illegal Gambling

On September 24, 2026, Gov. Kathy Hochul and Attorney General Letitia James announced a lawsuit against QCX LLC d/b/a Polymarket US. The state alleges the prediction-market platform ran an illegal gambling operation in New York. No remedy was specified in the announcement; the complaint itself will define what penalties or restrictions New York seeks.