Is Kalshi legal in the US?

CFTC-designated exchange since 2020. It states it accepts 1 of 51 jurisdictions. Restricted or barred in Michigan, Nevada, Washington. 20 states have taken action against it.

2 OCT 2026Illinois: N.D. Ill. (Judge Pacold) granted in part and continued in part PI motions of the US/CFTC, Coinbase and Kalshi against Illinois; proposed injunction due 29 Oct 2026. storage.courtlistener.com ↗

25 SEP 2026Ohio: Sixth Circuit held CEA does not preempt Ohio gambling law and affirmed the S.D. Ohio denial of Kalshi's preliminary injunction (KalshiEX v. Schuler, No. 26-3196). opn.ca6.uscourts.gov ↗

25 SEP 2026Tennessee: Sixth Circuit vacated the M.D. Tenn. preliminary injunction for Kalshi and remanded (KalshiEX v. Orgel, No. 26-5235). opn.ca6.uscourts.gov ↗

16 SEP 2026Missouri: Missouri AG Hanaway sent a cease and desist letter to KalshiEX LLC over unlicensed sports wagering in Missouri. ago.mo.gov ↗

8 SEP 2026Wisconsin: E.D. Wis. (Judge Griesbach) stayed and administratively closed US v. Wisconsin pending decisions on appeals (docket text, doc 72). courtlistener.com ↗

2 SEP 2026New Jersey: New Jersey filed a petition for certiorari in Flaherty v. KalshiEX (No. 26-299) seeking review of the Third Circuit's 6 Apr 2026 ruling for Kalshi; response now due 9 Nov 2026. supremecourt.gov ↗

1 SEP 2026Michigan: Ingham County Circuit Court (Judge Aquilina) entered a preliminary injunction against Kalshi sports wagering in Michigan with geofencing and a $500,000 per day fine; order signed 1 Sep per its file name. michigan.gov ↗

28 AUG 2026Nevada: Ninth Circuit ruled 3-0 for Nevada: the Commodity Exchange Act does not preempt Nevada gaming law for sports-event contracts offered by Kalshi, Crypto.com and Robinhood. gaming.nv.gov ↗

27 AUG 2026Montana: D. Mont. (Judge Molloy) denied Kalshi's motion for a preliminary injunction without prejudice and lifted the stay in KalshiEX v. Knudsen (6:26-cv-28). courtlistener.com ↗

26 AUG 2026Connecticut: Connecticut, through AG Tong, DCP and Governor Lamont, sued Kalshi and sought an injunction against unlicensed sports wagers. portal.ct.gov ↗

13 AUG 2026Washington: AG release of 13 Aug 2026: King County judge's final order bars Kalshi from sports, elections, politics, entertainment wagers in Washington; geofence by 19 Aug and 2 Sep; Court of Appeals denied a stay. atg.wa.gov ↗

7 AUG 2026Connecticut: D. Conn. (Judge Oliver) denied Kalshi's motion for a preliminary injunction against Connecticut gaming enforcement; opinion dated 7 Aug 2026, entered 10 Aug 2026. storage.courtlistener.com ↗

4 AUG 2026Utah: D. Utah (Judge Shelby) held the CEA does not preempt Utah's anti-gambling laws as to Kalshi and granted the state summary judgment (KalshiEx v. Cox, 2:26-cv-151). storage.courtlistener.com ↗

31 JUL 2026New York: Gov. Hochul and AG James announced New York sued KalshiEX in state court for running an illegal gambling operation through its prediction market platform. governor.ny.gov ↗

28 JUL 2026Wisconsin: E.D. Wis. (Judge Griesbach) denied the CFTC's motion for a preliminary injunction against Wisconsin enforcing gambling law against five sports event contract venues; also denied intervention. storage.courtlistener.com ↗

27 JUL 2026Minnesota: D. Minn. (Judge Menendez) granted Kalshi, Polymarket US and CFTC preliminary injunctions barring Minnesota from enforcing Minn. Stat. 609.7615 against CFTC-registered DCMs. storage.courtlistener.com ↗

20 JUL 2026Washington: King County Superior Court granted the Washington AG a preliminary injunction against Kalshi under the Gambling Act and Consumer Protection Act (AG release of 21 Jul 2026 says Monday). atg.wa.gov ↗

14 JUL 2026Michigan: CFTC stayed KalshiEX's emergency rule (forced liquidation of trades with Michigan residents) and ordered it to fulfil the open trades (release 9267-26). cftc.gov ↗

7 JUL 2026New York: SDNY (Judge Torres) denied Kalshi's motion for a preliminary injunction against New York gambling-law enforcement of its sports event contracts (KalshiEX v. Williams, 1:25-cv-08846). storage.courtlistener.com ↗

29 JUN 2026Michigan: Ingham County Circuit Court (30th Judicial District) granted Michigan a TRO against Kalshi, Nessel v. KalshiEX LLC, No. 26-1087-CZ, as recited in the CFTC order. cftc.gov ↗

25 JUN 2026Michigan: W.D. Mich. (Judge Maloney) granted the Michigan AG's motion to remand her suit against Kalshi to state court, denying costs and fees (Nessel v. Kalshiex, 1:26-cv-731). michigan.gov ↗

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 ↗

17 JUN 2026Kentucky: Kentucky filed enforcement actions in Franklin Circuit Court (26-CI-00689 vs Kalshi; 26-CI-00696 vs QCX/Polymarket) per the CFTC complaint. 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 ↗

4 JUN 2026Nevada: Nevada Gaming Control Board moved to hold Kalshi in contempt for violating the state court preliminary injunction. gaming.nv.gov ↗

4 JUN 2026New Mexico: New Mexico AG sued Kalshi in the First Judicial District Court, Santa Fe County, No. D-101-CV-2026-01567, per the CFTC complaint. 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 ↗

21 MAY 2026Rhode Island: Rhode Island filed an enforcement action in Providence County Superior Court against KalshiEX and QCX (Polymarket), per the CFTC proposed complaint. 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 ↗

12 MAY 2026Ohio: CFTC filed a Sixth Circuit amicus brief in KalshiEx LLC v. Schuler, No. 26-3196, from a federal district court ruling in Ohio (release 9230-26). cftc.gov ↗

5 MAY 2026Arizona: D. Ariz. (Judge Liburdi) granted the US and CFTC a preliminary injunction barring Arizona civil and criminal enforcement against DCM event contracts; Kalshi faced a 20-count state criminal information. storage.courtlistener.com ↗

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 2026Massachusetts: CFTC filed an amicus brief in the Massachusetts Supreme Judicial Court in Commonwealth of Massachusetts v. KalshiEx LLC, No. SJC-13906 (release 9219-26). 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 ↗

23 APR 2026Wisconsin: Wisconsin DOJ announced lawsuits against Kalshi, Robinhood, Coinbase, Polymarket, Crypto.com and affiliates over alleged illegal sports betting via event contracts. wisdoj.gov ↗

10 APR 2026Arizona: D. Ariz. (Judge Liburdi) granted the CFTC a TRO barring Arizona from pursuing criminal charges against CFTC-regulated DCMs (release 9211-26). cftc.gov ↗

6 APR 2026New Jersey: Third Circuit (2-1) affirmed the D.N.J. preliminary injunction barring New Jersey from enforcing state law against Kalshi sports event contracts on CEA preemption grounds. www2.ca3.uscourts.gov ↗

3 APR 2026Nevada: Nevada state court preliminarily enjoined Kalshi from offering prohibited event contracts in Nevada. gaming.nv.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 ↗

27 MAR 2026Washington: Washington AG Nick Brown sued Kalshi (Gambling Act and Consumer Protection Act) over its online platform taking bets on sports, elections and other events. atg.wa.gov ↗

20 MAR 2026Nevada: Nevada state court issued a TRO barring Kalshi from offering prohibited event contracts. gaming.nv.gov ↗

17 MAR 2026Arizona: Arizona Attorney General Mayes filed criminal charges against KalshiEx LLC and Kalshi Trading LLC for an unlicensed gambling business and election wagering. azag.gov ↗

5 MAR 2026Michigan: Michigan AG Nessel sued KalshiEx, LLC in Ingham County Circuit Court under the Lawful Sports Betting Act on behalf of the state and the Gaming Control Board. michigan.gov ↗

19 FEB 2026Tennessee: M.D. Tenn. (Judge Trauger) granted Kalshi a preliminary injunction against the Tennessee state officials, dismissed the Sports Wagering Council, and set a $500,000 bond (vacated by the Sixth Circuit on 25 Sep 2026). storage.courtlistener.com ↗

17 FEB 2026Massachusetts: Massachusetts Appeals Court Judge Singh stayed the Suffolk Superior Court Kalshi injunction pending appeal (Bloomberg Government, 18 Feb 2026, dates the docket entry to Tuesday 17 Feb). news.bloomberglaw.com ↗

17 FEB 2026Nevada: Nevada Gaming Control Board filed an enforcement action against Kalshi in state court. gaming.nv.gov ↗

17 FEB 2026Nevada: CFTC filed an amicus brief in the Ninth Circuit in North American Derivatives Exchange v. State of Nevada ex rel. Nevada Gaming Control Board (release 9183-26). cftc.gov ↗

20 JAN 2026Massachusetts: Suffolk Superior Court granted the Massachusetts AG a preliminary injunction barring Kalshi from accepting online sports wagers from Massachusetts customers (ruling also denied Kalshi's motion to dismiss). mass.gov ↗

9 JAN 2026Tennessee: Tennessee Sports Wagering Council demanded Kalshi stop offering sports event contracts, void pending contracts and refund deposits by 31 Jan 2026. ingame.com ↗

2 DEC 2025Connecticut: Connecticut Department of Consumer Protection sent a cease and desist order to KalshiEX LLC (Case No. 2025-77) for unlicensed sports wagering. portal.ct.gov ↗

25 NOV 2025Nevada: Federal district court dissolved Kalshi's preliminary injunction and denied Robinhood a preliminary injunction in Nevada. gaming.nv.gov ↗

24 OCT 2025New York: New York State Gaming Commission sent KalshiEX LLC a letter demanding it cease and desist operating an unlicensed mobile sports wagering platform in New York. gaming.ny.gov ↗

12 SEP 2025Massachusetts: Massachusetts AG Campbell sued KalshiEX LLC in Suffolk Superior Court for accepting sports wagers without Massachusetts Gaming Commission licensure. mass.gov ↗

1 AUG 2025Maryland: D. Md. (Judge Abelson) denied Kalshi's motion for a preliminary injunction against Maryland gaming enforcement of its sports event contracts (appealed to the Fourth Circuit, No. 25-1892). storage.courtlistener.com ↗

21 MAY 2025Arizona: Arizona Department of Gaming sent Kalshi a cease and desist letter stating event wagering without a license is illegal in Arizona. ingame.com ↗

9 APR 2025Nevada: Federal district court granted Kalshi a preliminary injunction against NGCB enforcement of Nevada gaming law (later dissolved 25 Nov 2025). gaming.nv.gov ↗

7 APR 2025Maryland: Maryland Lottery and Gaming Control Commission sent Kalshi a Notice to Cease and Desist for offering sports event contracts in Maryland. ingame.com ↗

1 APR 2025Illinois: Illinois Gaming Board sent a cease and desist letter to KalshiEX LLC for suspected unlicensed sports wagering. igb.illinois.gov ↗

27 MAR 2025New Jersey: New Jersey Division of Gaming Enforcement issued a cease and desist letter to Kalshi over unauthorized sports wagering. nj.gov ↗

26 MAR 2025Montana: Montana DOJ Gambling Control Division ordered Kalshi to cease and desist illegal gambling activities in Montana. ewscripps.brightspotcdn.com ↗

4 MAR 2025Nevada: Nevada Gaming Control Board issued a cease-and-desist letter to Kalshi. gaming.nv.gov ↗