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Polymarket sues New Mexico over potential prediction-market enforcement

Regulation

Polymarket sued New Mexico Attorney General Raúl Torrez and leaders of the New Mexico Gaming Control Board in federal court on Tuesday, 30 June 2026. The company said the state’s June lawsuit against Kalshi created an immediate threat to its business and asked a judge to block enforcement of state gambling laws against it.

The case could determine whether New Mexico can apply state gambling laws to Polymarket’s prediction-market operations.

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