Last updated August 16, 2026. Snapshot — not legal advice.
Overview
Kalshi filed a pre-emptive federal suit (March 2026) against Attorney General Brenna Bird and the Iowa Racing and Gaming Commission (plus several commission members), seeking a declaratory judgment and injunction as the state weighed regulating prediction markets. No injunction has been granted; the case is at the trial-court stage.
Timeline
March 2026
Kalshi sues AG Bird and the Iowa Racing and Gaming Commission seeking a declaratory judgment and injunction.
What's next: At the trial-court stage; no injunction granted.
Parties
Plaintiffs
KalshiEX LLC
Defendants
Brenna Bird (Iowa Attorney General)
Iowa Racing and Gaming Commission
Commission members
This page is informational, not legal advice. Nearly every entry in this tracker is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.
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