Contested. Kalshi publishes no state list that names New York, and none of the sources we checked bars it there. New York has acted against Kalshi: gov. Hochul and AG James announced New York sued KalshiEX in state court for running an illegal gambling operation through its prediction market platform.
Kalshi and the alternatives in New York
What the law says
31 JUL 2026Gov. 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 ↗
7 JUL 2026SDNY (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 ↗
24 APR 2026CFTC and DOJ sued New York in S.D.N.Y. (US v. New York, 1:26-cv-03404), CFTC release 9218-26. cftc.gov ↗
24 OCT 2025New 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 ↗
24 SEP 2026New York AG James and Gov. Hochul announced a lawsuit against QCX LLC d/b/a Polymarket US for running an illegal, unlicensed gambling operation. ag.ny.gov ↗
11 AUG 2026SDNY (Judge McMahon) denied Novig's (Ludlow Exchange) application for a TRO against New York enforcement and set a full briefing and 11 Sep argument schedule. storage.courtlistener.com ↗