Yes, federally: Kalshi, Polymarket US and Novig are CFTC-registered exchanges, and Robinhood routes to them. States disagree. 5 jurisdictions have at least one venue barred or restricted, 15 have live litigation or regulator action, and the CFTC has sued states that tried to apply gambling law. Pick your state for the dated detail.
What each venue says about states
What the law says
RESTRICTED · 5Arizona, Maryland, Michigan, Nevada, Washington
CONTESTED · 15Connecticut, Illinois, Kentucky, Massachusetts, Minnesota, Missouri, Montana, New Jersey, New Mexico, New York, Ohio, Rhode Island, Tennessee, Utah, Wisconsin
OPEN · 31Alabama, Alaska, Arkansas, California, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Louisiana, Maine, Mississippi, Nebraska, New Hampshire, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Texas, Vermont, Virginia, West Virginia, Wyoming
23 JUN 2026Kentucky: CFTC and DOJ sued Kentucky in E.D. Ky. (US v. Kentucky, 3:26-cv-00049-SCM), CFTC release 9260-26, after Kentucky filed state-court actions on 17 Jun 2026. cftc.gov ↗
12 JUN 2026New Mexico: CFTC and DOJ sued New Mexico in D.N.M. (US v. New Mexico, 1:26-cv-01912), CFTC release 9251-26, a week after New Mexico sued KalshiEX in state court. cftc.gov ↗
28 MAY 2026Rhode Island: CFTC and DOJ moved to intervene in KalshiEX LLC v. Furcolo, 1:26-cv-00327 (D.R.I.) with a proposed complaint against Rhode Island, CFTC release 9238-26. cftc.gov ↗
19 MAY 2026Minnesota: CFTC and DOJ sued Minnesota in D. Minn. (US v. Minnesota, 0:26-cv-02661), CFTC release 9233-26, to block a state law criminalizing prediction markets. cftc.gov ↗
28 APR 2026Wisconsin: CFTC and DOJ sued Wisconsin in E.D. Wis. (US v. Wisconsin, 2:26-cv-00749), CFTC release 9220-26, after Wisconsin sued five prediction markets. cftc.gov ↗
24 APR 2026New York: CFTC and DOJ sued New York in S.D.N.Y. (US v. New York, 1:26-cv-03404), CFTC release 9218-26. cftc.gov ↗
2 APR 2026Arizona: CFTC and DOJ sued Arizona in D. Ariz. (US v. Arizona, 2:26-cv-02246), CFTC release 9206-26. cftc.gov ↗
2 APR 2026Connecticut: CFTC and DOJ sued Connecticut in D. Conn. (US v. Connecticut, 3:26-cv-00498), CFTC release 9206-26, over cease-and-desist letters to DCMs and an FCM. cftc.gov ↗
2 APR 2026Illinois: CFTC and DOJ sued Illinois in N.D. Ill. (US v. Illinois, 1:26-cv-03659), CFTC release 9206-26, over cease-and-desist letters to three DCMs. cftc.gov ↗