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NY, Polymarket Sue Each Other Over Whether Prediction Markets Are Illegal Gambling

Sep 24 2026 // New York’s attorney general and Polymarket sued each other on Thursday, escalating a nationwide debate over who should regulate prediction markets and whether they violate state laws against illegal gambling. The...

Federal Judge Cautions State Farm Against Gambling With Courts

Sep 1 2026 // A federal judge in Alabama has likened State Farm to a gambler and warned that the insurer’s apparent strategy of trying to move claims litigation from state to federal court is a risky bet that might not be worth...

New York Sues Prediction Market Kalshi Alleging ‘Illegal Gambling Operation’

Aug 3 2026 // New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the state seeks...

Kalshi Grilled by Massachusetts High Court Over What Gambling Is

May 5 2026 // The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial arrangements between...

New York Claims Coinbase and Gemini Titan Prediction Markets Are Illegal Gambling

Apr 22 2026 // New York’s attorney general sued Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O on Tuesday, claiming their prediction markets violate state laws against illegal gambling. In petitions filed in state court...

New York Sues Video Game Developer Valve, Says Its ‘Loot Boxes’ Are Gambling

Feb 27 2026 // New York’s attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of promoting illegal gambling and threatening to addict children through its...

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