Overview
Polymarket US’s New Mexico preemption suit, filed June 2026 under the Commodity Exchange Act and seeking declaratory and injunctive relief against the Attorney General. It never reached a merits ruling: after three extensions of the state’s deadline to answer or move to dismiss, the parties jointly moved to stay, and Judge David H. Urias granted the stay on August 14, 2026. New Mexico now carries six actions — this one, Novig’s (also stayed) and Underdog’s, the Attorney General’s enforcement action, the Mescalero Apache Tribe’s IGRA suit, and the CFTC’s suit against the state.
Timeline
June 2026
Polymarket US sues the New Mexico Attorney General for declaratory and injunctive relief.
August 2026
Judge Urias stays proceedings on the parties’ joint motion.
What's next: No activity until the stay lifts.
Parties
Plaintiffs
- QCX LLC d/b/a Polymarket US
Defendants
- Raúl Torrez (New Mexico Attorney General)
- Members of the New Mexico Gaming Control Board
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