New York sues prediction market Polymarket, calling it an unlicensed gambling operation that puts residents at risk
Prediction market platforms have argued states do not have the authority to govern them because they are already regulated at the federal level by the U.S.
Commodity Futures Trading Commission.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.pbs.org — the content belongs to PBS NewsHour.
