Polymarket Faces Nevada Enforcement Over Event Contracts
Polymarket is now the subject of a direct legal action in Nevada, as the state’s gaming regulator seeks to halt the platform’s offering of sports-event contracts inside the state. The case asks a Carson City court to declare the activity unlawful under Nevada’s wagering laws and to order Polymarket to stop offering the products without a license. The civil enforcement action marks a significant escalation in efforts by state authorities to scrutinize prediction market operators as they expand in the United States. […] The post Polymarket Faces Nevada Enforcement Over Event Contracts appeared first on World Casino News.
Polymarket is now the subject of a direct legal action in Nevada, as the state’s gaming regulator seeks to halt the platform’s offering of sports-event contracts inside the state. The case asks a Carson City court to declare the activity unlawful under Nevada’s wagering laws and to order Polymarket to stop offering the products without a license. The civil enforcement action marks a significant escalation in efforts by state authorities to scrutinize prediction market operators as they expand in the United States. […]
The post Polymarket Faces Nevada Enforcement Over Event Contracts appeared first on World Casino News.
