Are Prediction Markets Legal in Colorado?
Last updated September 27, 2026. Snapshot — not legal advice.
As of September 27, 2026, prediction markets operate in Colorado with no state restriction currently in place.
Litigation affecting Colorado
No state has taken enforcement action against CFTC-regulated prediction-market platforms in Colorado.
Which platforms are available in Colorado?
Each platform’s own published availability list, checked September 24, 2026. This table covers the platforms whose complete list we could verify from a primary source: Kalshi, Polymarket (international), DKeX (DraftKings Predictions), Underdog (Underdog Predict), Novig.
| Platform | Status in Colorado | Source |
|---|---|---|
| Kalshi | Offered here, per the platform’s own availability list | Platform’s list |
| Polymarket (international) | Unavailable here | Platform’s list |
| DKeX (DraftKings Predictions) | Offered, with sports restricted | Platform’s list (archived Sep 16) |
| Underdog (Underdog Predict) | Offered here, per the platform’s own availability list | Platform’s list |
| Novig | Offered here, per the platform’s own availability list | Platform’s list |
Sports betting & gambling in Colorado
Legalized 2019 (Prop DD); launched May 2020 The market is regulated by the Colorado Division of Gaming. Tribal gaming: Limited (Ute tribes).
The federal-vs-state fight
Every entry in this fight turns on the same question: does a prediction-market platform's federal regulation by the CFTC preempt a state's gambling law, or does the state retain authority to restrict it? Courts around the country are answering that question differently — sometimes for the platform, sometimes for the state — and almost every ruling so far is preliminary and under appeal. Treat this page as a snapshot, not a final word.
This page is informational, not legal advice. Nearly every litigation entry referenced here is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.