State of New Mexico v. Kalshi, Inc.

PendingState v. Platform

Last updated August 16, 2026. Snapshot — not legal advice.

Overview

The New Mexico Attorney General (Raúl Torrez) sued Kalshi separately (state complaint filed June 4, 2026; removed to federal court June 8) over unlicensed sports event contracts — the state-enforcement track that runs alongside the tribes’ IGRA suit and the CFTC’s suit against the state. No ruling has issued. (Caption + docket confirmed via CourtListener: State of New Mexico v. Kalshi, Inc., D.N.M. No. 6:26-cv-01857, before Judge Urias.)

Timeline

June 2026

New Mexico AG sues Kalshi over unlicensed sports event contracts.

What's next: Pending; one of three parallel New Mexico tracks.

Parties

Plaintiffs

  • State of New Mexico (Attorney General Raúl Torrez)

Defendants

  • Kalshi, Inc.
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.