Polymarket gets hit with class action lawsuit over sports betting | amNewYork
Polymarket faces a class-action alleging it operates as an unlicensed nationwide sportsbook offering sports-betting style contracts that violate state gambling laws.
The Legalized Gambling Industry Is Collapsing in on Itself
Prediction-market platforms like Kalshi exploit regulatory gaps to expand into sports betting, challenging state oversight and established sportsbook businesses.
