New York Asks Court to Shut Down Polymarket, Defying Trump Administration on Gambling Law

New York has asked a court to shut down Polymarket's operations in the state, according to Ars Technica, in a move the outlet describes as defying efforts by the Trump administration to override state gambling laws as they apply to prediction markets.

Ars Technica's report did not detail the specific federal actions or proposals attributed to the Trump administration regarding state gambling law, nor did it specify the exact relief New York is seeking from the court beyond a shutdown of Polymarket's operations in the state.

A clash between state and federal authority

The case reflects a broader dispute over which level of government has authority to regulate prediction markets, platforms that let users trade contracts tied to the outcomes of real-world events. State regulators have generally argued such platforms fall under state gambling law, while some federal officials and agencies have taken positions that could preempt state-level enforcement. Ars Technica's report did not specify how the court is expected to resolve this jurisdictional question in New York's case against Polymarket.

Polymarket's response to New York's court filing was not included in the available report.