KalshiLegal

Is Kalshi legal in your state?

As of Oct 8, 2026, no state has switched Kalshi off entirely. Courts have switched off some of its markets in Washington State, Nevada and Michigan, and a court order in Massachusetts is on hold. In 16 more states a lawsuit, ruling or cease-and-desist is live, but nothing is switched off. Each status below links the order or filing behind it.

Verified Oct 8, 202620 states with a live case

Kalshi’s legal status

Verified Oct 8, 2026
Federal status
A contract market by the CFTC on November 4, 2020
Source
Switched off
Washington State, Nevada and Michigan
Order on hold
Massachusetts
Being fought
16 states
Supreme Court
Three petitions, none granted
Source
Next date
Oct 14, 2026: Nevada's response to Robinhood's petition is due.
Source

What changed

Since the last check.

Each line links the order or filing it comes from.

Changed since Sep 22, 2026 · checked Oct 8, 2026

  • Coinbase agreed with Michigan regulators to close its customers' Kalshi sports positions by October 10. Primary source
  • Ohio, 38 other states and the District of Columbia filed a brief backing New Jersey at the Supreme Court. Primary source
  • Nevada asked the Supreme Court to move its response to Crypto.com's petition to November 16. Primary source
  • A federal judge in Chicago partly blocked Illinois from applying its sports-wagering licensing law, and a related criminal provision, to Kalshi. Primary source
  • The Sixth Circuit ruled against Kalshi in its Ohio and Tennessee cases. Primary source
  • Kalshi asked the Ninth Circuit to hold its rehearing request until the CFTC finishes revising its event-contract rule. Primary source

Corrected in this check

  • Rhode Island is now marked: its attorney general sued Kalshi on May 21, 2026, which our September check missed. Primary source
  • Iowa's injunction ruling was September 8, 2026, not September 10. Primary source
  • Montana's September agreement pauses enforcement by every state defendant, the attorney general included. Primary source

All 50 states

Is Kalshi legal in all 50 states?

No state has switched Kalshi off entirely. KalshiEX LLC is designated by the CFTC as a contract market. Where a state court’s order is in force, Kalshi has to block some kinds of market, sports among them, for anyone located in that state, and its other markets keep trading. Every state on this page sits in one of four groups:

Switched off
A court order is in force. Kalshi has to block these markets for anyone in the state.
Ordered, on hold
A court ordered a block, then paused it during the appeal. You can still trade here today.
Being fought
A lawsuit, ruling or cease-and-desist is live, but nothing is switched off.
No action found
We found no order, lawsuit or cease-and-desist against Kalshi here.

Behind every case is one question: whether federal commodities law keeps state gambling law away from contracts on a federally registered exchange. Federal appeals courts have answered it in different ways, so it is unresolved, and three petitions ask the Supreme Court to decide it.

Map

Every state, dated.

Tap a state for what is switched off there, what happens to your money, and the order behind it.

Kalshi, state by state · as of Oct 8, 2026

Tap a state to see what’s switched off there, what happens to your money, and the order behind it.

  • Switched off · 3
  • Ordered, on hold · 1
  • Being fought · 16
  • No action found · 31
  • Some categories off

Pick a state on the map to see where it stands.

Kalshi status by state, as of Oct 8, 2026
StateStatusWhat it meansSince
MichiganSwitched off (1 of 12 categories off)Sports contracts are switched off. The order names no other category.Jun 29, 2026
NevadaSwitched off (3 of 12 categories off)Sports, election and entertainment contracts are switched off.Mar 20, 2026
WashingtonSwitched off (7 of 12 categories off)Seven of Kalshi's twelve categories are switched off, sports and elections among them. The order lets finance, economics, climate and commodities keep trading, and doesn't say whether crypto is covered.Sep 2, 2026
MassachusettsOrdered, on holdA court ordered sports contracts off, then paused it. You can still trade here.
ArizonaBeing foughtArizona's criminal case against Kalshi is blocked by a federal injunction. Nothing is switched off.
ConnecticutBeing foughtConnecticut has sued. Nothing is switched off.
IllinoisBeing foughtA federal court has partly blocked Illinois. Nothing is switched off.
IowaBeing foughtKalshi lost a bid to stop Iowa. Nothing is switched off.
KentuckyBeing foughtKentucky has sued. Nothing is switched off.
MarylandBeing foughtIn court. Nothing is switched off.
MinnesotaBeing foughtA state law prohibiting prediction markets was passed, then paused by a federal court.
MissouriBeing foughtA cease-and-desist has been sent. Nothing is switched off.
MontanaBeing foughtEnforcement is paused by agreement. Nothing is switched off.
New JerseyBeing foughtKalshi won here. New Jersey has asked the Supreme Court to step in.
New YorkBeing foughtNew York has sued. Nothing is switched off.
OhioBeing foughtKalshi lost its appeal against Ohio. Nothing is switched off.
Rhode IslandBeing foughtRhode Island has sued. Nothing is switched off.
TennesseeBeing foughtKalshi lost on appeal. Nothing is switched off.
UtahBeing foughtA federal court ruled for Utah. Nothing is switched off.
WisconsinBeing foughtWisconsin has sued. Nothing is switched off.
Every other stateNo action foundAlabama, Alaska, Arkansas, California, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Indiana, Kansas, Louisiana, Maine, Mississippi, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Texas, Vermont, Virginia, West Virginia, Wyoming

Kalshi event contracts, state by state. What a court or regulator has actually done, as it stands on the date above. Not legal advice.

Lawsuits

What states have sued Kalshi?

As of Oct 8, 2026, Massachusetts, Nevada, Michigan, Washington State, Wisconsin, Rhode Island, Kentucky, New York and Connecticut have taken Kalshi to court. Two other things also get called suing Kalshi, and only an order in force switches anything off.

  • A state takes Kalshi to court. An attorney general or gaming regulator sues in state court, as Washington, Michigan, Massachusetts and Nevada did. Every order that has switched Kalshi markets off came out of a case like these.
  • Kalshi sues the state first, asking a federal court to stop regulators enforcing state gambling law against it.
  • A regulator acts on its own, with a cease-and-desist letter, a proposed fine or, in Arizona, criminal charges. None of these switches anything off by itself.
State actions against Kalshi, as of Oct 8, 2026
DateStateActionWhereStatus now
NevadaCease-and-desist. Nevada Gaming Control Board: Told Kalshi its sports and election contracts are unlawful in Nevada without a license. Primary sourceSwitched off
IllinoisCease-and-desist. Illinois Gaming Board: Directed Kalshi to cease and desist what it called illegal sports wagering. Primary source: p.1Being fought
MassachusettsLawsuit. Attorney General: Sued for offering sports wagering without a license. Primary sourceSuffolk Superior CourtOrdered, on hold
NevadaLawsuit. Nevada Gaming Control Board: Filed a civil enforcement action. Primary sourceFirst Judicial District Court, Carson CitySwitched off
ArizonaCriminal charges. Attorney General: Filed 20 misdemeanor counts. Secondary sourceArizona state courtBeing fought
MichiganLawsuit. Attorney General, for the Gaming Control Board: Sued under Michigan gaming law. Primary sourceIngham County Circuit Court, No. 26-1087-CZSwitched off
Washington StateLawsuit. Attorney General: Sued under the Gambling Act and the Consumer Protection Act. Primary sourceKing County Superior Court, No. 26-2-10264-3 SEASwitched off
MontanaCease-and-desist. Gambling Control Division: Sent a cease-and-desist. Secondary sourceBeing fought
OhioProposed fine. Ohio Casino Control Commission: Proposed a $5 million fine, as reported by ReadWrite on April 16, 2026 (the notice itself not found). Secondary sourceBeing fought
WisconsinLawsuit. Attorney General: Sued Kalshi and other platforms. Primary sourceDane County Circuit Court, moved to federal court, No. 3:26-cv-00378Being fought
Rhode IslandLawsuit. Attorney General: Sued Kalshi and Polymarket's US exchange. Primary sourceRhode Island Superior Court, moved to federal court, No. 1:26-cv-00333Being fought
KentuckyLawsuit. Attorney General: Sued Kalshi and four other platforms. Primary sourceFranklin Circuit Court, moved to federal court, No. 3:26-cv-00048Being fought
New YorkLawsuit. Attorney General: Sued, alleging Kalshi runs an illegal gambling platform. Primary sourceNew York County Supreme Court, moved to federal court, No. 1:26-cv-06550Being fought
ConnecticutLawsuit. Attorney General: Sued, alleging unlicensed sports betting. Primary sourceHartford Superior Court, moved to federal court, No. 3:26-cv-01382Being fought
UndatedMissouriCease-and-desist. Attorney General: Sent cease-and-desist letters to Kalshi and five other prediction markets (the release is undated). Primary sourceBeing fought

Where Kalshi went to court first

  • ArizonaKalshiEX v. Johnson, U.S. District Court, D. Ariz. Primary source
  • ConnecticutKalshiEX v. Cafferelli, U.S. Court of Appeals, Second Circuit, No. 26-2239. Primary source
  • IllinoisKalshiEX v. Raoul, U.S. District Court, N.D. Ill., No. 1:26-cv-07363. Primary source
  • IowaKalshiEX v. Bird, U.S. District Court, S.D. Iowa, No. 4:26-cv-00109. Primary source
  • MarylandKalshiEX v. Martin, U.S. District Court, D. Md. Primary source
  • MinnesotaKalshiEX v. Ellison, U.S. District Court, D. Minn., No. 0:26-cv-02778. Secondary source
  • MontanaKalshiEX v. Knudsen, U.S. District Court, D. Mont., No. 6:26-cv-00028. Primary source
  • NevadaKalshiEX v. Hendrick, U.S. District Court, D. Nev., No. 2:25-cv-00575. Primary source
  • New JerseyKalshiEX v. Flaherty, U.S. District Court, D.N.J. Primary source
  • New YorkKalshiEX v. Williams, U.S. Court of Appeals, Second Circuit, No. 26-1835. Primary source
  • OhioKalshiEX v. Schuler, U.S. District Court, S.D. Ohio, No. 2:25-cv-01165. Primary source
  • Rhode IslandKalshiEX v. Furcolo, U.S. District Court, D.R.I., No. 1:26-cv-00327. Primary source
  • TennesseeKalshiEX v. Orgel, U.S. District Court, M.D. Tenn., No. 3:26-cv-00034. Primary source
  • UtahKalshiEX v. Cox, U.S. District Court, D. Utah. Primary source

The CFTC has also gone to court against several states, Illinois Primary source, Wisconsin Primary source and Kentucky Primary source among them, to stop them acting against prediction markets. Those cases are between the federal regulator and the state.

Your money

What a state order means for your account.

An order stops new trades in the markets it covers. The rules that hold your cash come from Kalshi’s clearinghouse, Kalshi Klear, and make no exception by state.

  • Kalshi's clearinghouse, Kalshi Klear, has been registered with the CFTC as a derivatives clearing organization since August 2024. Primary source
  • Kalshi Klear's rules require money you deposit directly to be kept separate from its own money, and never mixed with it. Primary source: R7.7F, R7.9C
  • SIPC doesn't cover prediction-market accounts. It excludes commodity futures. Primary source
  • Kalshi Klear uses a bank sweep meant to add FDIC coverage, but Kalshi's own agreement says that coverage is not guaranteed to you. Primary source: §IV
  • Kalshi Klear's rules say withdrawals are processed by the next bank business day, and they make no exception for state restrictions. Primary source: R6.4C

Washington State

  • Withdraw your cash: allowed. Nothing in the order stops you closing your account and withdrawing your cash. Primary source: p.14, ll.24–26
  • Close open positions: allowed. Kalshi can't stop you exiting positions you already hold. Primary source: p.13, ll.19–20
  • New trades: blocked. No new trades in the seven switched-off categories for anyone located in Washington (GeoComply geofence since Sep 2). Primary source: p.13, ll.14–19
  • Deposits: not addressed. The order doesn't say anything about deposits. Primary source
  • Money back to users: left open. The state kept the right to seek back fees and losses Washington users took from Sep 2 on. Nothing has been ordered. Primary source: p.13, ll.20–22

Nevada

  • Withdraw your cash: not verified. We haven't found the written order's text, so we can't say what it says about withdrawals. Primary source
  • Close open positions: not verified. Not verified against the order text yet. Primary source
  • New trades: blocked. No new sports, election or entertainment trades for anyone in Nevada (a third-party geofence was due by Aug 12). Primary source

Michigan

  • Withdraw your cash: not addressed. The order doesn't mention withdrawals. Primary source
  • Close open positions: not addressed. The order bars Kalshi from settling sports contracts for anyone in Michigan, and doesn't say whether you can exit. The federal regulator separately ordered trades to be honored in the normal way, so this is unresolved. Primary source
  • New trades: blocked. No sports trades for anyone located in Michigan, enforced with a Michigan-licensed geolocation vendor. Primary source
  • Deposits: blocked. No deposits or account funding for sports trading. Primary source
  • Money back to users: not addressed. Nothing for users. The $500,000-a-day fines go to the state. Primary source

Location

Why does Kalshi say my location is restricted?

The orders make the block follow where you are, not only where you live.

Washington’s order had Kalshi block by IP address and residency from August 19, 2026, then through GeoComply from September 2, to stop anyone located within the state buying the covered contracts (amended order, p.13). Michigan’s preliminary injunction requires a geolocation provider licensed by the state’s gaming control board. In Nevada, Kalshi agreed in July to a GeoComply geofence covering anyone within the state.

So a location check that stops you in one of those states may be the order working, and it can stop sports trading while other markets stay open.

Courts

Where the courts stand.

Each federal appeals court that has ruled, with its date, and the Supreme Court dates ahead.

  • Ruled for Kalshi
  • Ruled for the state
  • Pending
  • No appeal yet
Map of the United States colored by how each state's federal circuit has ruled on Kalshi
  • Third CircuitRuled for Kalshi. Ruled for Kalshi: it is likely to succeed in showing that federal law preempts New Jersey's ban on its sports contracts. (Apr 6, 2026) Primary source: pp.15–16
  • Ninth CircuitRuled for the state. Ruled for Nevada: sports contracts likely aren't swaps, so states can enforce. Kalshi has asked the full court to rehear the case. (Aug 28, 2026) Primary source
  • Sixth CircuitRuled for the state. Ruled for Ohio and Tennessee: Kalshi hasn't shown its sports contracts are swaps, and even if they were, federal commodities law doesn't preempt the states' gambling laws. (Sep 25, 2026) Primary source: p.3
  • Fourth CircuitPending. Heard Maryland's case May 7, 2026. No decision yet. Primary source
  • Tenth CircuitPending. Refused on Sep 8, 2026 to pause Utah's win while Kalshi appeals. The appeal itself is pending. Primary source
  • Second CircuitPending. Hearing Kalshi's appeals from New York (No. 26-1835) and Connecticut (No. 26-2239) in tandem. New York's brief is due Oct 30, 2026. Primary source
  • Seventh CircuitPending. No ruling on Kalshi yet. Appeals from the CFTC's suit against Wisconsin were docketed in August 2026. Primary source
  • Eighth CircuitPending. Kalshi appealed Iowa's win on Sep 15, 2026 (No. 26-2874). No decision yet. Primary source

At the Supreme Court

  • No. 26-299Flaherty v. KalshiEX, filed Sep 2, 2026. Kalshi's response is due Nov 9, 2026, extended at Kalshi's request from Oct 8. Ohio, 38 other states and the District of Columbia filed a brief backing New Jersey on Oct 7. Primary source
  • No. 26-338Robinhood Derivatives v. Dreitzer, filed Sep 10, 2026. Nevada's response is due Oct 14, 2026. Primary source
  • No. 26-344North American Derivatives Exchange v. Nevada, filed Sep 11, 2026. Nevada's response is due Oct 15, 2026. On Oct 7 Nevada asked to extend that to Nov 16; the Court hadn't acted as of Oct 8. Primary source

Dates ahead

  • Nevada's response to Robinhood's petition is due. Primary source
  • Nevada's response to Crypto.com's petition is due, unless the Court grants Nevada's Oct 7 request to move it to Nov 16. Primary source
  • Kalshi's response to New Jersey's petition is due. After briefing, the justices decide whether to take any of the three. Primary source

Whether federal law preempts state gambling law here is unresolved. Kalshi at the Supreme Court follows the petitions. A state court finding that Kalshi likely breaks state gambling law isn't a ruling on how your trades are taxed. Federal tax treatment is a question under the Internal Revenue Code, and no court or IRS guidance has settled it for event contracts.

Gambling

Is Kalshi gambling?

The appeals courts split on whether Kalshi’s sports contracts are swaps under federal commodities law or bets a state can regulate. The Third Circuit ruled for Kalshi on April 6, 2026; the Ninth (August 28) and the Sixth (September 25) ruled for the states. Is Kalshi gambling? sets out the rulings and what state courts have found.

State by state

Every state with a case.

Switched-off and on-hold states first. Each entry opens to the case, what the order says about your money, and what comes next.

State pages: California, Florida, Massachusetts, Michigan, Nevada, Texas, Washington State.

Is Kalshi legal in Michigan?

Kalshi is switched off in Michigan for 1 of 12 market categories, since Jun 29, 2026.

Sports contracts are switched off. The order names no other category.

  • Withdraw your cash: not addressed. The order doesn't mention withdrawals. Primary source
  • Close open positions: not addressed. The order bars Kalshi from settling sports contracts for anyone in Michigan, and doesn't say whether you can exit. The federal regulator separately ordered trades to be honored in the normal way, so this is unresolved. Primary source
  • New trades: blocked. No sports trades for anyone located in Michigan, enforced with a Michigan-licensed geolocation vendor. Primary source
  • Deposits: blocked. No deposits or account funding for sports trading. Primary source
  • Money back to users: not addressed. Nothing for users. The $500,000-a-day fines go to the state. Primary source

Off in Michigan: Sports.

Ingham County Circuit Court (Judge Rosemarie Aquilina) signed a preliminary injunction on September 1. It covers sports betting and similar products only, and requires a Michigan-licensed geolocation vendor, with a $500,000 fine for each day geolocation is found non-compliant.

What’s next in Michigan: Coinbase agreed on October 7 to stop new sports contracts on Kalshi's exchange for Michigan customers and close open ones by 12:00 a.m. ET on October 10; Robinhood's close-out deadline is October 9. The state case continues toward a final order.

Primary source: Ingham County Circuit Court (Judge Rosemarie Aquilina), Sep 1, 2026Primary source: Michigan Gaming Control Board, Oct 7, 2026

Every Kalshi ruling in Michigan, in order →

Is Kalshi legal in Nevada?

Kalshi is switched off in Nevada for 3 of 12 market categories, since Mar 20, 2026.

Sports, election and entertainment contracts are switched off.

  • Withdraw your cash: not verified. We haven't found the written order's text, so we can't say what it says about withdrawals. Primary source
  • Close open positions: not verified. Not verified against the order text yet. Primary source
  • New trades: blocked. No new sports, election or entertainment trades for anyone in Nevada (a third-party geofence was due by Aug 12). Primary source

Off in Nevada: Sports, Elections, Entertainment.

Carson City District Court granted Nevada a preliminary injunction on April 3, 2026. On August 28 the Ninth Circuit ruled 3-0 against Kalshi on the federal question. A July 24 court order has Kalshi pay $120,000 a day, or explain under oath, if its geofence wasn't in place by August 12; in mid-August Nevada regulators told the court the deadline was missed and asked for the payments. No ruling on that request has been found.

What’s next in Nevada: Kalshi's request for the full Ninth Circuit to rehear the case. On September 25 Kalshi asked the court to hold it until the CFTC finishes revising its event-contract rule, and Nevada opposed on October 1. The state-court injunction stays in force either way.

Primary source: Nevada Gaming Control Board, Apr 3, 2026Primary source: Nevada Gaming Control Board, Aug 28, 2026Primary source: Joint stipulation and order, 23-24 Jul 2026 · ¶5Secondary source: The Nevada Independent, 16 Aug 2026 (secondary)Primary source: U.S. Court of Appeals for the Ninth Circuit, Sep 25, 2026Primary source: U.S. Court of Appeals for the Ninth Circuit, Oct 1, 2026

Every Kalshi ruling in Nevada, in order →

Is Kalshi legal in Washington State?

Kalshi is switched off in Washington for 7 of 12 market categories, since Sep 2, 2026.

Seven of Kalshi's twelve categories are switched off, sports and elections among them. The order lets finance, economics, climate and commodities keep trading, and doesn't say whether crypto is covered.

  • Withdraw your cash: allowed. Nothing in the order stops you closing your account and withdrawing your cash. Primary source: p.14, ll.24–26
  • Close open positions: allowed. Kalshi can't stop you exiting positions you already hold. Primary source: p.13, ll.19–20
  • New trades: blocked. No new trades in the seven switched-off categories for anyone located in Washington (GeoComply geofence since Sep 2). Primary source: p.13, ll.14–19
  • Deposits: not addressed. The order doesn't say anything about deposits. Primary source
  • Money back to users: left open. The state kept the right to seek back fees and losses Washington users took from Sep 2 on. Nothing has been ordered. Primary source: p.13, ll.20–22

Off in Washington: Sports, Elections, Politics, Entertainment, Culture, Tech and science, Mentions. Allowed by the order: Finance, Economics, Climate, Commodities.

King County Superior Court (Judge John McHale) granted a preliminary injunction on July 20 and signed the amended order on August 12. Kalshi had to geofence by IP and residency by August 19 and through GeoComply by September 2. The order says Kalshi will not stop users exiting positions they already hold, and does not stop Washington users closing their accounts and withdrawing funds. The Court of Appeals refused to pause it, and on September 16 the judge refused to reconsider.

What’s next in Washington: Kalshi can still ask a full Court of Appeals panel or the Washington Supreme Court to step in, and the main case continues.

Primary source: King County Superior Court (Judge John McHale), Aug 12, 2026Primary source: Washington Attorney General, Aug 13, 2026

Every Kalshi ruling in Washington, in order →

Is Kalshi legal in Massachusetts?

A court ordered Kalshi to block markets in Massachusetts, but the order is on hold, so you can still trade there.

A court ordered sports contracts off, then paused it. You can still trade here.

Suffolk Superior Court granted Massachusetts a preliminary injunction on January 20. An Appeals Court justice stayed it in February pending appeal. The Supreme Judicial Court heard the case on May 4, hasn't ruled, and has waived its usual 130-day deadline for deciding.

What’s next in Massachusetts: When the Supreme Judicial Court rules. There is no deadline. If the state wins, the block can take effect.

Primary source: Massachusetts Attorney General, Jan 20, 2026Secondary source: Bloomberg Law: stay pending appealSecondary source: Gambling Insider: SJC waives its decision deadline

Every Kalshi ruling in Massachusetts, in order →

Is Kalshi legal in Arizona?

A case or order against Kalshi is live in Arizona, but nothing is switched off there.

Arizona's criminal case against Kalshi is blocked by a federal injunction. Nothing is switched off.

Arizona filed 20 misdemeanor counts in March. On May 5 a federal judge granted the CFTC a preliminary injunction blocking the prosecution while the case goes on. On September 14 Arizona asked the Ninth Circuit to lift that block for sports contracts, citing the court's August ruling in the Nevada case; the CFTC opposed, and the court hasn't ruled.

What’s next in Arizona: The Ninth Circuit's ruling on Arizona's request to lift the block for sports contracts.

Secondary source: Arizona MirrorPrimary source: U.S. District Court, D. Ariz. (Judge Michael T. Liburdi), May 5, 2026 · p.17Primary source: U.S. Court of Appeals for the Ninth Circuit, Sep 14, 2026

Is Kalshi legal in Connecticut?

A case or order against Kalshi is live in Connecticut, but nothing is switched off there.

Connecticut has sued. Nothing is switched off.

A federal judge refused Kalshi an injunction against Connecticut's regulators in August, and Kalshi has appealed to the Second Circuit. Connecticut's attorney general sued Kalshi in state court on August 26, 2026; Kalshi moved the case to federal court the same day, and the court has paused its deadlines until it decides whether to send the case back.

What’s next in Connecticut: Whether the federal court sends the attorney general's case back to state court, and the Second Circuit appeal.

Primary source: Connecticut AG releasePrimary source: U.S. District Court for the District of ConnecticutPrimary source: U.S. Court of Appeals for the Second Circuit

Is Kalshi legal in Illinois?

A case or order against Kalshi is live in Illinois, but nothing is switched off there.

A federal court has partly blocked Illinois. Nothing is switched off.

Illinois's Gaming Board sent Kalshi a cease-and-desist in April 2025, and the CFTC sued Illinois in April 2026. On October 2, 2026 a federal judge in Chicago granted Kalshi's, Coinbase's and the CFTC's injunction requests in part, holding Illinois's sports-wagering licensing requirement and a related criminal provision likely preempted as applied to Kalshi's core sports contracts. Illinois's fees on those trades go to further briefing.

What’s next in Illinois: Further briefing on Illinois's fees, and any appeal to the Seventh Circuit.

Primary source: U.S. District Court for the Northern District of Illinois, Oct 2, 2026 · p.28Primary source: Illinois Gaming Board, Apr 1, 2025

Is Kalshi legal in Iowa?

A case or order against Kalshi is live in Iowa, but nothing is switched off there.

Kalshi lost a bid to stop Iowa. Nothing is switched off.

A federal judge refused Kalshi an injunction against Iowa's regulators on September 8, 2026. Kalshi appealed to the Eighth Circuit on September 15.

What’s next in Iowa: Kalshi's appeal in the Eighth Circuit (No. 26-2874).

Primary source: U.S. District Court for the Southern District of Iowa

Is Kalshi legal in Kentucky?

A case or order against Kalshi is live in Kentucky, but nothing is switched off there.

Kentucky has sued. Nothing is switched off.

Kentucky's attorney general sued Kalshi and four other platforms in state court on June 17, 2026, and Kalshi moved the case to federal court on June 19. Kentucky sits in the Sixth Circuit, whose September 25 ruling against Kalshi in the Ohio and Tennessee cases binds the federal courts there.

What’s next in Kentucky: In the federal government's separate suit against Kentucky, the court canceled the October 9 hearing and asked for briefs on the Sixth Circuit ruling by October 23.

Primary source: U.S. District Court for the Eastern District of KentuckyPrimary source: U.S. District Court for the Eastern District of KentuckySecondary source: RotoWire legal timeline

Is Kalshi legal in Maryland?

A case or order against Kalshi is live in Maryland, but nothing is switched off there.

In court. Nothing is switched off.

A federal court refused Kalshi an injunction in August 2025. The Fourth Circuit heard the appeal on May 7, 2026 and hasn't ruled.

What’s next in Maryland: The Fourth Circuit's decision.

Primary source: U.S. Court of Appeals for the Fourth CircuitSecondary source: DeFi Rate: Fourth Circuit argument

Is Kalshi legal in Minnesota?

A case or order against Kalshi is live in Minnesota, but nothing is switched off there.

A state law prohibiting prediction markets was passed, then paused by a federal court.

Minnesota passed a law prohibiting prediction markets in May, effective August 1. A federal court put it on hold on July 27.

What’s next in Minnesota: A scheduling conference on October 13.

Secondary source: DeFi Rate legal tracker

Is Kalshi legal in Missouri?

A case or order against Kalshi is live in Missouri, but nothing is switched off there.

A cease-and-desist has been sent. Nothing is switched off.

Missouri's attorney general has sent cease-and-desist letters to Kalshi and five other prediction markets, warning that failure to comply will result in enforcement action. The release is undated.

What’s next in Missouri: Spectrum News reported on October 2, 2026 that Kalshi was the first of the six to respond and that the attorney general's office described ongoing discussions.

Primary source: Missouri AG releaseSecondary source: Spectrum News, Oct 2, 2026

Is Kalshi legal in Montana?

A case or order against Kalshi is live in Montana, but nothing is switched off there.

Enforcement is paused by agreement. Nothing is switched off.

Montana's gambling regulator sent a cease-and-desist in April. On September 17, 2026 the two sides agreed to dismiss Kalshi's suit, and every state defendant, the attorney general included, agreed to bring no enforcement action against Kalshi until its request for further review of the Ninth Circuit's Nevada ruling is denied or the full court decides it. After that, the attorney general and the gambling division must give Kalshi 30 days' written notice before acting.

What’s next in Montana: What happens to Kalshi's request for further review of the Ninth Circuit's Nevada ruling.

Primary source: U.S. District Court for the District of Montana, Sep 17, 2026 · p.3Secondary source: DeFi Rate

Is Kalshi legal in New Jersey?

A case or order against Kalshi is live in New Jersey, but nothing is switched off there.

Kalshi won here. New Jersey has asked the Supreme Court to step in.

The Third Circuit ruled 2-1 for Kalshi on April 6. New Jersey filed a petition with the U.S. Supreme Court on September 2 (No. 26-299).

What’s next in New Jersey: Kalshi's response to New Jersey's Supreme Court petition is due November 9, extended at Kalshi's request from October 8.

Primary source: U.S. Court of Appeals for the Third Circuit, Apr 6, 2026Primary source: Supreme Court of the United States

Is Kalshi legal in New York?

A case or order against Kalshi is live in New York, but nothing is switched off there.

New York has sued. Nothing is switched off.

Kalshi lost its federal bid to stop New York's gaming regulator in July and has appealed to the Second Circuit. The New York attorney general sued Kalshi in state court on July 31, 2026; Kalshi moved the case to federal court the same day, and the attorney general has asked the court to send it back.

What’s next in New York: The ruling on sending the attorney general's case back to state court, and New York's Second Circuit brief, due October 30.

Primary source: U.S. District Court for the Southern District of New YorkPrimary source: U.S. Court of Appeals for the Second CircuitPrimary source: New York Attorney General, Sep 24, 2026

Is Kalshi legal in Ohio?

A case or order against Kalshi is live in Ohio, but nothing is switched off there.

Kalshi lost its appeal against Ohio. Nothing is switched off.

A federal court refused to stop Ohio enforcing its gambling law against Kalshi, and on September 25, 2026 the Sixth Circuit upheld that refusal. It held that Kalshi hadn't shown its sports contracts are swaps and, in the alternative, that federal commodities law doesn't preempt Ohio's gambling law. ReadWrite reported on April 16, 2026 that the Ohio Casino Control Commission had proposed a $5 million fine; we haven't found the Commission's notice.

What’s next in Ohio: Whether Kalshi asks for further review of the Sixth Circuit ruling, and what Ohio does next. The main case continues in federal court in Columbus.

Primary source: U.S. Court of Appeals for the Sixth Circuit, Sep 25, 2026 · p.3Secondary source: ReadWrite, Apr 16, 2026

Is Kalshi legal in Rhode Island?

A case or order against Kalshi is live in Rhode Island, but nothing is switched off there.

Rhode Island has sued. Nothing is switched off.

Rhode Island's attorney general sued Kalshi and Polymarket's US exchange in state court on May 21, 2026. Polymarket's exchange moved the case to federal court the next day, with Kalshi's consent, where it joined Kalshi's own suit against the state's regulators, and the CFTC joined that suit on Kalshi's side on May 28. The court heard the injunction requests on August 3 and hasn't ruled.

What’s next in Rhode Island: The federal court's ruling on the injunction requests.

Primary source: U.S. District Court for the District of Rhode IslandPrimary source: U.S. District Court for the District of Rhode IslandPrimary source: Rhode Island Attorney General, May 21, 2026Secondary source: Uprise RI

Is Kalshi legal in Tennessee?

A case or order against Kalshi is live in Tennessee, but nothing is switched off there.

Kalshi lost on appeal. Nothing is switched off.

A federal court granted Kalshi an injunction against Tennessee in February. On September 25, 2026 the Sixth Circuit vacated it and sent the case back, in the same opinion that ruled for Ohio. Tennessee's attorney general said the decision lifts the order that had blocked the state from enforcing its laws against Kalshi. The ruling takes effect when the Sixth Circuit issues its mandate.

What’s next in Tennessee: The Sixth Circuit's mandate, and what Tennessee does once it issues.

Primary source: U.S. Court of Appeals for the Sixth Circuit, Sep 25, 2026 · p.3Primary source: Tennessee Attorney General, Sep 28, 2026

Is Kalshi legal in Utah?

A case or order against Kalshi is live in Utah, but nothing is switched off there.

A federal court ruled for Utah. Nothing is switched off.

A federal judge granted Utah summary judgment on August 4, the first final ruling on the merits, and on September 8 the Tenth Circuit refused to pause it while Kalshi appeals.

What’s next in Utah: The Tenth Circuit appeal, or a Utah enforcement action.

Primary source: U.S. Court of Appeals for the Tenth CircuitPrimary source: U.S. District Court, D. Utah (Judge Robert J. Shelby), Aug 4, 2026 · p.25

Is Kalshi legal in Wisconsin?

A case or order against Kalshi is live in Wisconsin, but nothing is switched off there.

Wisconsin has sued. Nothing is switched off.

Wisconsin sued Kalshi and other platforms in state court on April 23, 2026, and the case was moved to federal court the next day. The CFTC separately sued Wisconsin in federal court on April 28.

What’s next in Wisconsin: The case continues.

Primary source: U.S. District Court for the Western District of WisconsinPrimary source: U.S. District Court for the Eastern District of WisconsinSecondary source: CoinDesk

Sources

Where each status comes from.

Primary documents first, each with the date we last read it. Where we keep a copy of a filing, it is linked beside the original.

  1. Primary source Joint stipulation and order, 23-24 Jul 2026. Our copy. Cited 1×, checked Oct 8, 2026.
  2. Primary source KalshiEX v. Cox, docket, U.S. Court of Appeals for the Tenth Circuit, No. 26-4100. Cited 2×, checked Oct 8, 2026.
  3. Primary source KalshiEX v. Martin, docket, U.S. Court of Appeals for the Fourth Circuit, No. 25-1892. Cited 2×, checked Oct 8, 2026.
  4. Primary source People of the State of New York v. KalshiEX, docket, U.S. District Court for the Southern District of New York, No. 1:26-cv-06550. Cited 2×, checked Oct 8, 2026.
  5. Primary source KalshiEX v. Williams, docket, U.S. Court of Appeals for the Second Circuit, No. 26-1835. Cited 3×, checked Oct 8, 2026.
  6. Primary source Supreme Court docket, No. 26-299, Supreme Court of the United States, No. 26-299. Cited 3×, checked Oct 8, 2026.
  7. Primary source State of Connecticut v. KalshiEX, docket, U.S. District Court for the District of Connecticut, No. 3:26-cv-01382. Cited 2×, checked Oct 8, 2026.
  8. Primary source KalshiEX v. Cafferelli, docket, U.S. Court of Appeals for the Second Circuit, No. 26-2239. Cited 2×, checked Oct 8, 2026.
  9. Primary source Missouri AG release. Cited 2×, checked Oct 8, 2026.
  10. Primary source KalshiEX v. Bird, docket, U.S. District Court for the Southern District of Iowa, No. 4:26-cv-00109. Cited 4×, checked Oct 8, 2026.
  11. Primary source Commonwealth of Kentucky v. KalshiEX, docket, U.S. District Court for the Eastern District of Kentucky, No. 3:26-cv-00048. Cited 2×, checked Oct 8, 2026.
  12. Primary source United States v. Commonwealth of Kentucky, docket, U.S. District Court for the Eastern District of Kentucky, No. 3:26-cv-00049. Cited 1×, checked Oct 8, 2026.
  13. Primary source State of Wisconsin v. KalshiEX, docket, U.S. District Court for the Western District of Wisconsin, No. 3:26-cv-00378. Cited 2×, checked Oct 8, 2026.
  14. Primary source United States v. State of Wisconsin, docket, U.S. District Court for the Eastern District of Wisconsin, No. 2:26-cv-00749. Cited 2×, checked Oct 8, 2026.
  15. Primary source State of Rhode Island v. KalshiEX, docket, U.S. District Court for the District of Rhode Island, No. 1:26-cv-00333. Cited 3×, checked Oct 8, 2026.
  16. Primary source KalshiEX v. Furcolo, docket, U.S. District Court for the District of Rhode Island, No. 1:26-cv-00327. Cited 2×, checked Oct 8, 2026.
  17. Primary source NGCB release, 4 Mar 2025. Our copy. Cited 1×, checked Sep 23, 2026.
  18. Primary source NGCB release, 17 Feb 2026. Our copy. Cited 1×, checked Sep 23, 2026.
  19. Primary source NGCB prediction-market timeline. Cited 1×, checked Sep 23, 2026.
  20. Primary source Kalshi Klear LLC Rulebook, version 1.4, Kalshi Klear LLC. Cited 2×, checked Sep 23, 2026.
  21. Primary source What SIPC protects, SIPC. Cited 1×, checked Sep 23, 2026.
  22. Primary source Supreme Court docket, No. 26-338, Supreme Court of the United States, No. 26-338. Cited 2×, checked Oct 8, 2026.
  23. Primary source Supreme Court docket, No. 26-344, Supreme Court of the United States, No. 26-344. Cited 1×, checked Oct 8, 2026.
  24. Primary source Order of Registration of Kalshi Klear LLC as a Derivatives Clearing Organization, CFTC, Aug 28, 2024. Cited 1×, checked Sep 23, 2026.
  25. Primary source Illinois Gaming Board cease-and-desist letter to KalshiEX LLC, Illinois Gaming Board, Apr 1, 2025. Cited 2×, checked Oct 8, 2026.
  26. Primary source KalshiEX LLC v. Flaherty, opinion granting a preliminary injunction, U.S. District Court, D.N.J., No. 1:25-cv-02152, Apr 28, 2025. Cited 1×, checked Sep 23, 2026.
  27. Primary source KalshiEX LLC v. Martin, memorandum opinion denying a preliminary injunction, U.S. District Court, D. Md., No. 25-cv-1283-ABA, Aug 1, 2025. Cited 1×, checked Sep 23, 2026.
  28. Primary source AG Campbell sues online prediction market for illegal and unsafe sports wagering operations, Massachusetts Attorney General, Sep 12, 2025. Cited 1×, checked Sep 23, 2026.
  29. Primary source AG Campbell secures court order that will block Kalshi from offering unlawful sports wagers in Massachusetts, Massachusetts Attorney General, Jan 20, 2026. Cited 1×, checked Sep 23, 2026.
  30. Primary source KalshiEX LLC v. Cox, D. Utah docket, U.S. District Court, D. Utah, No. 2:26-cv-00151, Feb 23, 2026. Cited 1×, checked Sep 23, 2026.
  31. Primary source Nessel ex rel. People of Michigan and MGCB v. KalshiEX, Ingham County Circuit Court: Complaint (dated 2026-03-03), Michigan Attorney General, for the People and the MGCB, No. 26-1087-CZ, Mar 3, 2026. Our copy. Cited 1×, checked Sep 23, 2026.
  32. Primary source Washington sues online betting platform Kalshi for illegal gambling, Washington Attorney General, Mar 27, 2026. Cited 1×, checked Sep 23, 2026.
  33. Primary source NGCB press release: preliminary injunction granted against Kalshi (2026-04-03), Nevada Gaming Control Board, Apr 3, 2026. Our copy. Cited 4×, checked Sep 23, 2026.
  34. Primary source KalshiEX v. Flaherty, precedential opinion, U.S. Court of Appeals for the Third Circuit, No. 25-1922, Apr 6, 2026. Our copy. Cited 2×, checked Oct 8, 2026.
  35. Primary source KalshiEX LLC v. Johnson, order granting the CFTC's motion for a preliminary injunction (Doc. 96), U.S. District Court, D. Ariz. (Judge Michael T. Liburdi), No. CV-26-01715-PHX-MTL, May 5, 2026. Cited 2×, checked Oct 8, 2026.
  36. Primary source Attorney General Neronha sues Kalshi and Polymarket for unlawfully conducting sports wagering, Rhode Island Attorney General, May 21, 2026. Cited 1×.
  37. Primary source Kalshi Klear Self-Clearing Member Agreement, Kalshi Klear LLC, May 25, 2026. Cited 1×, checked Sep 23, 2026.
  38. Primary source KalshiEX LLC v. Cox, memorandum decision and order granting summary judgment (Dkt. 65), U.S. District Court, D. Utah (Judge Robert J. Shelby), No. 2:26-cv-00151-RJS, Aug 4, 2026. Cited 1×, checked Oct 8, 2026.
  39. Primary source Washington v. KalshiEX, King County Superior Court No. 26-2-10264-3 SEA: Amended and Updated Order Granting Preliminary Injunction (signed 2026-08-12), King County Superior Court (Judge John McHale), No. 26-2-10264-3 SEA, Aug 12, 2026. Our copy. Cited 6×, checked Oct 8, 2026.
  40. Primary source Judge orders Kalshi cease numerous Washington operations, Washington Attorney General, Aug 13, 2026. Cited 1×, checked Sep 23, 2026.
  41. Primary source Connecticut AG release, Aug 26, 2026. Cited 1×, checked Oct 8, 2026.
  42. Primary source Ninth Circuit rules in favor of Nevada, Nevada Gaming Control Board, Aug 28, 2026. Cited 1×, checked Sep 23, 2026.
  43. Primary source KalshiEX v. Assad, Ninth Circuit opinion, U.S. Court of Appeals for the Ninth Circuit, No. 25-7516, Aug 28, 2026. Our copy. Cited 1×, checked Oct 8, 2026.
  44. Primary source Ingham County Circuit Court No. 26-1087-CZ: Preliminary Injunction Order (signed 2026-09-01), Ingham County Circuit Court (Judge Rosemarie Aquilina), No. 26-1087-CZ, Sep 1, 2026. Our copy. Cited 6×, checked Oct 8, 2026.
  45. Primary source Arizona's motion to vacate the preliminary injunction as to sports contracts, U.S. Court of Appeals for the Ninth Circuit, No. 26-4281, Sep 14, 2026. Our copy. Cited 1×, checked Oct 8, 2026.
  46. Primary source KalshiEX v. Knudsen, joint stipulation of dismissal, U.S. District Court for the District of Montana, No. 6:26-cv-00028, Sep 17, 2026. Our copy. Cited 3×, checked Oct 8, 2026.
  47. Primary source Attorney General James and Governor Hochul announce lawsuit against Polymarket, New York Attorney General, Sep 24, 2026. Cited 1×, checked Oct 8, 2026.
  48. Primary source Kalshi's letter asking the court to grant or hold its rehearing petition, U.S. Court of Appeals for the Ninth Circuit, No. 25-7516, Sep 25, 2026. Our copy. Cited 2×, checked Oct 8, 2026.
  49. Primary source KalshiEX v. Schuler, opinion (Ohio and Tennessee), U.S. Court of Appeals for the Sixth Circuit, No. 26-3196/26-5235, Sep 25, 2026. Our copy. Cited 6×, checked Oct 8, 2026.
  50. Primary source Sixth Circuit ruling on Kalshi, release, Tennessee Attorney General, Sep 28, 2026. Cited 1×, checked Oct 8, 2026.
  51. Primary source Nevada's response opposing a hold, U.S. Court of Appeals for the Ninth Circuit, No. 25-7516, Oct 1, 2026. Our copy. Cited 1×, checked Oct 8, 2026.
  52. Primary source Memorandum opinion and order on the preliminary injunction motions, U.S. District Court for the Northern District of Illinois, No. 1:26-cv-03659, Oct 2, 2026. Our copy. Cited 3×, checked Oct 8, 2026.
  53. Primary source Coinbase agrees to halt sports-related event contracts in Michigan, Michigan Gaming Control Board, Oct 7, 2026. Cited 2×, checked Oct 8, 2026.
  54. Primary source Brief of amici curiae Ohio, 38 other states and the District of Columbia, Supreme Court of the United States, No. 26-299, Oct 7, 2026. Our copy. Cited 1×, checked Oct 8, 2026.
  55. Primary source Nevada's request to extend its response time, Supreme Court of the United States, No. 26-344, Oct 7, 2026. Our copy. Cited 2×, checked Oct 8, 2026.
  56. Secondary source Bloomberg Law: stay pending appeal. Cited 1×.
  57. Secondary source Gambling Insider: SJC waives its decision deadline. Cited 1×, checked Oct 8, 2026.
  58. Secondary source DeFi Rate: Fourth Circuit argument. Cited 1×, checked Oct 8, 2026.
  59. Secondary source Arizona Mirror. Cited 2×, checked Oct 8, 2026.
  60. Secondary source DeFi Rate. Cited 2×, checked Oct 8, 2026.
  61. Secondary source DeFi Rate legal tracker. Cited 2×, checked Oct 8, 2026.
  62. Secondary source RotoWire legal timeline. Cited 1×, checked Oct 8, 2026.
  63. Secondary source CoinDesk. Cited 1×, checked Oct 8, 2026.
  64. Secondary source New CFTC rules could tilt RI's fight with Kalshi, Uprise RI. Cited 1×, checked Oct 8, 2026.
  65. Secondary source Kalshi challenges Ohio proposed $5M fine (ReadWrite, Apr 16, 2026), ReadWrite, Apr 16, 2026. Cited 2×, checked Oct 8, 2026.
  66. Secondary source The Nevada Independent, 16 Aug 2026 (secondary), Aug 16, 2026. Cited 1×, checked Oct 8, 2026.
  67. Secondary source Missouri prediction markets and sports betting (Spectrum News, Oct 2, 2026), Spectrum News, Oct 2, 2026. Cited 1×, checked Oct 8, 2026.

Also on Realize

Kalshi, state by state and at tax time.

The state pages, the Supreme Court petitions, and how a Kalshi year is filed.

State pages

Kalshi state pages.

Supreme CourtKalshi at the Supreme Court. The petitions, the circuit split behind them, and what a ruling would mean in your state. Read the guide FilingHow to file Kalshi taxes. What Kalshi sends you, what goes where, and a worked year under each common treatment. Read the guide

Price your Kalshi year three common ways.

Connect Kalshi read-only for a free estimate under each treatment.

Get started