Kalshi Lawsuits: Litigation Tracker
Last updated November 8, 2026. Snapshot, not legal advice.
Cases
40
Pending
20
Pro-market
4
Anti-market
13
Enjoined
1
Resolved
2
Summary
Kalshi is a party to 40 cases of the 90 on this tracker, involving 24 states and 1 federal case with no state party.
Restricted (13)
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Blue Lake Rancheria v. Kalshi, Inc.
No. 3:25-cv-06162 · No. 25-7504
Also named: Robinhood
Judge Corley granted the tribes a preliminary injunction on November 4, 2026: Kalshi Inc. and KalshiEX may not offer any sports contracts on the tribes’ Indian lands. The same day the tribes filed an amended complaint adding the Buena Vista Rancheria as a plaintiff.Checked Nov 8, 2026
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No. 3:25-cv-02016 · No. 26-2239
On November 3, 2026, hours after hearing argument, a Second Circuit panel denied Kalshi’s motion for an injunction pending appeal, in the same short order that denied its New York motion and Coinbase’s Connecticut motion. Judge Oliver had denied a preliminary injunction in August.Checked Nov 8, 2026
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No. 1:25-cv-08846 · No. 26-1835
A Second Circuit panel denied Kalshi’s motion for an injunction pending appeal on November 3, 2026, without reaching the merits. Judge Torres had denied a preliminary injunction in July 2026, holding the CEA does not preempt New York gambling law.Checked Nov 8, 2026
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KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)
No. 2:25-cv-00575 · No. 25-7516
The Ninth Circuit denied Kalshi’s petition for panel rehearing and rehearing en banc (November 4, 2026); no judge asked for an en banc vote. The August 2026 published opinion stands: Kalshi’s sports event contracts are likely not “swaps.”Checked Nov 8, 2026
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No. 2:26-cv-00151 · No. 26-4100
The court granted Utah summary judgment (August 2026), holding the CEA does not preempt the state’s gambling laws; the Tenth Circuit refused an injunction pending appeal on September 8.Checked Nov 8, 2026
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KalshiEX LLC v. Schuler (6th Cir., consolidated with the Tennessee appeal)
No. 2:25-cv-01165 · No. 3:26-cv-00034 · No. 26-3196 · No. 26-5235
Kalshi petitioned for rehearing en banc (October 9, 2026) after the Sixth Circuit ruled for Ohio and Tennessee on September 25. On October 28 the court ordered the states to respond by November 12.Checked Nov 8, 2026
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No. 4:26-cv-00109 · No. 26-2874
Judge Locher denied Kalshi a preliminary injunction (September 8, 2026), finding express preemption unlikely and no irreparable harm; Kalshi appealed to the Eighth Circuit.Checked Nov 8, 2026
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No. 26-1087-CZ · No. 1:26-cv-00731 · No. 26-1639
Judge Aquilina converted the June TRO into a preliminary injunction on September 1, 2026, barring Kalshi’s sports contracts in Michigan with a $500,000-a-day geolocation penalty and notice to every broker that offers them.Checked Nov 8, 2026
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State of Washington v. KalshiEX LLC
No. 26-2-10264-3 SEA · No. 2:26-cv-01062 · No. 26-3106
An amended preliminary injunction bars sports, elections, politics, entertainment, culture, tech/science and “mentions” contracts in Washington while expressly sparing commodities, climate, economics and finance; Judge McHale denied Kalshi’s motion to reconsider it in September 2026.Checked Nov 8, 2026
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State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC
No. 260000050-1B · No. 2:26-cv-00406 · No. 26-1304 · No. 92771
Kalshi stipulated in July 2026 to full geofencing by August 12 or about $120,000 a day; in August the Control Board told the court it missed the deadline and asked for the penalty, which Kalshi disputes.Checked Nov 8, 2026
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United States v. State of Wisconsin
No. 2:26-cv-00749 · No. 26-2636 · No. 26-2675 · No. 26-2696
Judge Griesbach denied the United States and the CFTC a preliminary injunction against Wisconsin (July 2026), along with three motions to intervene; three appeals followed and were consolidated in the Seventh Circuit.Checked Nov 8, 2026
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Commonwealth of Massachusetts v. KalshiEX LLC
No. 2584CV02525 · No. 2026-P-244 · No. SJC-13906
Preliminary injunction granted (January 2026); Massachusetts SJC took the case on direct review and heard argument in May 2026.Checked Nov 8, 2026
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No. 1:25-cv-01283 · No. 25-1892
Kalshi’s injunction denied (2025); the Fourth Circuit heard argument in May 2026 and appeared skeptical of Kalshi.Checked Nov 8, 2026
Blocked for Market (7)
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No. 1:26-cv-07363
Judge Pacold granted Kalshi’s injunction motion and entered a preliminary injunction (October 30, 2026). It bars Illinois from enforcing its licensing requirements, associated fees and taxes, and related criminal provisions against swaps, including sports event contracts, on CFTC-regulated exchanges and brokers. Illinois appealed the same day.Checked Nov 8, 2026
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KalshiEX LLC v. Flaherty (cert. sought sub nom. Flaherty v. KalshiEX, LLC)
No. 1:25-cv-02152 · No. 25-1922 · No. 25A1465 · No. 26-299
New Jersey petitioned for certiorari on September 2, 2026, one day before its twice-extended deadline, asking the Supreme Court to resolve a Third/Ninth Circuit split over whether Dodd-Frank preempts state sports-gambling law.Checked Nov 8, 2026
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No. 6:26-cv-00028
Judge Molloy denied Kalshi’s injunction without prejudice (August 27, 2026); the case was dismissed by stipulation on September 21 in exchange for an enforcement standstill tied to the Ninth Circuit’s en banc process in Assad.Checked Nov 8, 2026
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KalshiEX LLC v. Ellison; QCX LLC (Polymarket US) v. Ellison
No. 0:26-cv-02778 · No. 0:26-cv-02841
Also named: Polymarket
One July 27, 2026 opinion preliminarily enjoined the first statutory ban in all three consolidated cases, on express preemption, and only as to CFTC-registered designated contract markets.Checked Oct 28, 2026
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No. 2:26-cv-01715 · No. 26-2978 · No. 26-4281
Judge Liburdi (D. Ariz.) enjoined Arizona’s criminal prosecution of Kalshi on the United States’ and the CFTC’s motion — a TRO in April 2026, then a preliminary injunction on May 5; Kalshi’s own motion had been denied.Checked Nov 8, 2026
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Connecticut cease-and-desist letters (December 2025)
Also named: Robinhood, Crypto.com
Connecticut’s consumer-protection regulator ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts in the state (December 2, 2025), triggering the platform suits and then the federal preemption suit against Connecticut.Checked Nov 8, 2026
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KalshiEX LLC v. Commodity Futures Trading Commission
No. 1:23-cv-03257 · No. 24-5205
Judge Cobb vacated the CFTC order barring Kalshi’s congressional-control contracts (September 2024); the CFTC voluntarily dismissed its appeal in May 2025, so no appellate court ever ruled.Checked Nov 8, 2026
Pending (20)
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State of Arkansas ex rel. Griffin v. KalshiEX LLC
No. 32CV-26-717
Arkansas’s Attorney General sued Kalshi in state court under the Deceptive Trade Practices Act, seeking an injunction, restitution, civil penalties and unpaid taxes (November 4, 2026).Checked Nov 8, 2026
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Brown v. Kalshi Inc. (Utah Attorney General)
No. 260908356
Utah’s Attorney General sued Kalshi and the trading firm Susquehanna in state court, calling Kalshi’s contracts illegal gambling and a public nuisance (October 20, 2026).Checked Oct 28, 2026
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Ho-Chunk Nation v. Kalshi, Inc.
No. 3:25-cv-00698 · No. 26-8020
The Seventh Circuit agreed to hear Kalshi’s interlocutory appeal of the IGRA ruling and denied the Nation’s cross-petition (October 27, 2026). The district case stays on hold.Checked Nov 8, 2026
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No. 4:26-cv-01860
Kalshi sued Missouri’s Attorney General and Gaming Commission to block enforcement after the State refused to hold off past its extended cease-and-desist deadline (October 27, 2026).Checked Nov 8, 2026
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No. 1:26-cv-04476
Kalshi sued Louisiana’s Attorney General, Governor and Gaming Control Board to head off enforcement it says is imminent, its first suit in the Fifth Circuit (October 23, 2026).Checked Nov 8, 2026
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Matter of New York State Gaming Commission v. Kalshi, Inc. (subpoena enforcement)
No. 454547/2026
New York’s Gaming Commission went to state court to enforce its July subpoenas to Kalshi (October 2026).Checked Oct 28, 2026
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Missouri Attorney General cease-and-desist letters (September 2026)
Also named: Polymarket, Robinhood, Crypto.com, Novig, Underdog
Novig and Crypto.com’s exchange sued Missouri’s Attorney General and Gaming Commission officials as the thirty-day windows closed (October 16, 2026), and Kalshi followed on October 27 after its extended deadline drew no assurance of non-enforcement.Checked Nov 8, 2026
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State of Utah v. KalshiEX, LLC
No. 261912852
Utah’s Attorney General’s Office charged KalshiEX with 14 counts, including a felony pattern of unlawful activity, and named co-founders Tarek Mansour and Luana Lopes Lara as co-defendants (October 28, 2026).Checked Nov 8, 2026
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Mescalero Apache Tribe v. Kalshi, Inc.
No. 2:26-cv-01517
Judge Strickland heard the tribes’ motion to make Kalshi geofence tribal lands, and Kalshi’s motion to dismiss, on September 23, 2026.Checked Nov 8, 2026
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State of Connecticut v. KalshiEX LLC
No. HHD-CV26-6230345-S · No. 3:26-cv-01382
Connecticut sued Kalshi directly (August 2026), converting its earlier cease-and-desist into an enforcement action.Checked Nov 8, 2026
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No. 1:26-cv-00327
Kalshi sued Rhode Island (May 2026) one day before the state sued it; the United States and the CFTC intervened in Kalshi’s docket rather than filing separately.Checked Nov 8, 2026
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Mayor and City Council of Baltimore v. Kalshi
No. C-24-CV-26-005532 · No. 1:26-cv-03217
Also named: Robinhood, Coinbase, Webull
Baltimore sued Kalshi and three brokerage distributors under the city’s Consumer Protection Ordinance — the first municipal action of the fight.Checked Nov 8, 2026
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People of the State of New York v. KalshiEX LLC
No. 1:26-cv-06550
The New York AG filed an Executive Law § 63(12) special proceeding against KalshiEX LLC seeking an injunction, restitution, disgorgement, and statutory penalties.Checked Nov 8, 2026
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Coalition for Fair Markets v. Coleman
Also named: Polymarket, Crypto.com
Kalshi, Crypto.com and Polymarket US, through the Coalition for Fair Markets, sued to block Kentucky’s 14.25% prediction-market tax and its licensee contracting ban (June 12, 2026).Checked Nov 8, 2026
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KalshiEX LLC v. Ohio Casino Control Commission (fine challenge)
Ohio’s Casino Control Commission proposed a $5M fine; Kalshi sued in state court to block it (June 2026), invoking the Ohio Constitution’s civil jury-trial right.Checked Oct 28, 2026
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Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
No. 26-CI-00689 · No. 26-CI-00696 · No. 3:26-cv-00048 · No. 3:26-cv-00047
Also named: Polymarket, Robinhood, Coinbase, Webull
Kentucky’s AG sued Kalshi, Polymarket, and distribution partners (June 2026), plus an excise tax; the CFTC then sued the state.Checked Nov 8, 2026
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State of New Mexico v. Kalshi, Inc.
No. D-101-CV-2026-01567 · No. 6:26-cv-01857
The New Mexico Attorney General sued Kalshi (June 2026).Checked Nov 8, 2026
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CFTC intervention in KalshiEx LLC v. Furcolo (D.R.I.)
No. 1:26-cv-00327
The CFTC moved to intervene in Kalshi’s D.R.I. suit (May 28, 2026), roughly a week after the state’s suit against the platforms — not a standalone filing.Checked Nov 8, 2026
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State of Rhode Island v. KalshiEX LLC
No. PC-2026-02753 · No. 1:26-cv-00333
Also named: Polymarket
Rhode Island’s AG sued Kalshi and Polymarket US (May 2026); the case is consolidated with Kalshi’s own suit, in which the United States and the CFTC intervened.Checked Nov 8, 2026
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State of Wisconsin v. Kalshi, Inc.
No. 26-CV-1284 · No. 3:26-cv-00378
Also named: Robinhood, Coinbase
Wisconsin sued Kalshi, Polymarket US and Crypto.com in three parallel actions on April 24, 2026, prompting the federal countersuit against the state.Checked Nov 8, 2026
What Changed
November 2026
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KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)
The Ninth Circuit denied Kalshi’s petition for panel rehearing and rehearing en banc in its Nevada case; no judge asked for a full-court vote. The August decision stands, and Kalshi has until about February 2, 2027 to petition the Supreme Court.
Order, 9th Cir. No. 25-7516 (Dkt. 231, Nov. 4, 2026) -
Blue Lake Rancheria v. Kalshi, Inc.
Judge Corley granted the California tribes a preliminary injunction: Kalshi may not offer sports contracts on the tribes’ Indian lands and must report on its compliance within 21 days. The same day the tribes amended their complaint to add the Buena Vista Rancheria. It is a preliminary injunction, not a final judgment.
Order re: preliminary injunction, N.D. Cal. No. 3:25-cv-06162 (ECF 106) -
State of Arkansas ex rel. Griffin v. KalshiEX LLC
Arkansas’s Attorney General sued KalshiEX LLC and Kalshi Inc. in Independence County circuit court under the state’s Deceptive Trade Practices Act, seeking an injunction, restitution, civil penalties and unpaid taxes.
Complaint, Independence Cnty. Cir. Ct. No. 32CV-26-717 (file-stamped Nov. 4, 2026) -
A Second Circuit panel denied Kalshi’s motion for an injunction pending appeal in its New York case, in the same order that denied the Kalshi and Coinbase Connecticut motions. It said only that the platforms had not made the required showing; the merits appeal continues.
Motion order, 2d Cir. No. 26-1835 (ECF 74, Nov. 3, 2026) -
The Second Circuit denied Kalshi’s motion for an injunction pending appeal in its Connecticut case on the day of argument. The appeal of the August injunction denial continues on the merits, with Connecticut’s brief due November 20.
Order, 2d Cir. Nos. 26-1835, 26-2239, 26-2297 (ECF 60 in No. 26-2239) -
Kalshi’s Eighth Circuit opening brief, due November 6, is now due December 7 on Kalshi’s October 28 motion, and Kalshi and Iowa jointly asked the district court to pause the case until the appeal is decided.
Joint motion to stay, S.D. Iowa No. 4:26-cv-00109 (Doc. 65, Nov. 3, 2026)
70 more changes
October 2026
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Judge Pacold entered the preliminary injunction in Kalshi’s Illinois case, covering the State’s new prediction-market taxes and fees, and Illinois appealed to the Seventh Circuit the same day.
Preliminary injunction, N.D. Ill. No. 1:26-cv-07363 (ECF 64) -
KalshiEX LLC v. Flaherty (cert. sought sub nom. Flaherty v. KalshiEX, LLC)
The Supreme Court extended Kalshi’s time to answer New Jersey’s cert petition (No. 26-299) a second time, to December 7, 2026; New Jersey did not oppose. Paul Clement signed the request as Kalshi’s counsel.
Supreme Court docket, No. 26-299 -
People of the State of New York v. KalshiEX LLC
Kalshi asked Judge Broderick for a protective order against an Attorney General investigative subpoena it says seeks discovery on the pending case. The Attorney General says the subpoena belongs to a separate investigation into possible fraud and false advertising in the prediction-market industry. The remand motion is still undecided.
Joint letter, S.D.N.Y. No. 1:26-cv-06550 (ECF 23) -
Maryland told the Fourth Circuit that the CFTC’s October swap-definition rules do not support reversal, calling them inconsistent with the statute and beyond the agency’s authority. The appeal, argued in May, is still undecided.
Maryland’s Rule 28(j) response, 4th Cir. No. 25-1892 (Doc. 134) -
KalshiEX LLC v. Schuler (6th Cir., consolidated with the Tennessee appeal)
The Sixth Circuit ordered Ohio and Tennessee to respond to Kalshi’s petition for rehearing en banc by November 12, with no extensions. The mandate still has not issued, so the Tennessee injunction remains in place.
Letter directing responses, 6th Cir. Nos. 26-3196/5235 (Dkt. 95) -
State of Utah v. KalshiEX, LLC
Utah’s Attorney General’s Office charged KalshiEX with 14 counts, including a felony pattern of unlawful activity, over twelve sports trades an undercover agent placed from Utah, and named co-founders Tarek Mansour and Luana Lopes Lara as co-defendants. Kalshi’s initial appearance is set for December 4.
Co-Defendant Information, State of Utah v. KalshiEX, LLC (Oct. 28, 2026) -
United States v. State of Wisconsin
Wisconsin filed its consolidated response brief in the Seventh Circuit, and the United States and the CFTC answered Kalshi’s and the American Gaming Association’s appeals the same day. Replies are due November 19.
Seventh Circuit docket, No. 26-2636 (Dkt. 41, 47, 48) -
Ohio, Nevada, 35 other states, the District of Columbia and the Northern Mariana Islands filed an amicus brief in the Tenth Circuit supporting Utah against Kalshi’s appeal, joined by briefs from tribal groups, the American Gaming Association and others.
Brief of Amici Curiae Ohio, Nevada et al., 10th Cir. No. 26-4100 -
Kalshi sued Missouri’s Attorney General and Gaming Commission in the Eastern District of Missouri after the State’s Solicitor General said Missouri would not hold off enforcement past Kalshi’s extended October 30 deadline. Kalshi is the third cease-and-desist recipient to sue.
Complaint, E.D. Mo. No. 4:26-cv-01860 (Doc. 1) -
Ho-Chunk Nation v. Kalshi, Inc.
The Seventh Circuit granted Kalshi permission to appeal Judge Conley’s ruling that the Ho-Chunk Nation’s IGRA claim can proceed, and denied the Nation’s cross-petition to add the rulings that went against it. The district case stays on hold.
Seventh Circuit order, No. 26-8020 (Oct. 27, 2026) -
Kalshi sued Louisiana’s Attorney General, Governor and Gaming Control Board in federal court to block enforcement it says is imminent. It is the first case on this tracker in the Fifth Circuit.
Complaint, KalshiEX LLC v. Murrill, W.D. La. No. 1:26-cv-04476 -
Blue Lake Rancheria v. Kalshi, Inc.
Judge Corley let the California tribes amend their complaint to add a third tribe, the Buena Vista Rancheria, terminated the pending motions to dismiss without prejudice, and directed the parties to negotiate a stipulation on geofencing tribal lands. The amended complaint and a further conference are set for November 4; no injunction is in place.
Order, N.D. Cal. No. 3:25-cv-06162 (ECF 103) -
The Second Circuit set argument for November 3 on Kalshi’s motion for an injunction pending appeal in its New York case, heard with the Connecticut motions. The CFTC has asked for argument time; New York opposes.
Notice, 2d Cir. No. 26-1835 (ECF 60) -
The Second Circuit set argument for November 3 on Kalshi’s motion for an injunction pending appeal in its Connecticut case, in tandem with the New York and Coinbase motions. Connecticut’s merits brief is due November 20.
Kalshi’s letter, captioned in 2d Cir. Nos. 26-1835 and 26-2239 (ECF 68) -
Brown v. Kalshi Inc. (Utah Attorney General)
Utah’s Attorney General sued Kalshi and the trading firm Susquehanna in Salt Lake County state court. The suit calls Kalshi’s sports, election and other contracts illegal gambling and a public nuisance, and seeks an injunction plus restitution and disgorgement.
Verified complaint, Brown v. Kalshi Inc. (Utah 3d Dist. Ct.) -
KalshiEX LLC v. Ellison; QCX LLC (Polymarket US) v. Ellison
No schedule was set at Minnesota’s October 15 conference. The magistrate judge ordered the State to explain by October 29 what facts it needs discovery on, such as whether an event contract is a swap, with objections due November 12, before he decides whether discovery happens at all.
Order, D. Minn. No. 0:26-cv-02661 (ECF 93) -
Missouri Attorney General cease-and-desist letters (September 2026)
Missouri’s thirty-day deadlines passed without a suit by the State. Novig and Crypto.com’s exchange sued in federal court instead; Kalshi, Polymarket, Robinhood and Underdog had not, as of the latest docket checks.
Complaint, Ludlow Exchange, LLC d/b/a Novig v. Hanaway, E.D. Mo. No. 4:26-cv-01780 -
Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
Our entry said Kentucky’s remand motion in the Kalshi action was still with the district judge. A magistrate judge recommended on October 14 that the Kalshi case go back to state court, as he did the same day in the Polymarket case; objections in the Kalshi action are now due November 12.
E.D. Ky. No. 3:26-cv-00048, R. 67 (docket text) -
Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
A federal magistrate judge recommended that Kentucky’s suit against Polymarket be sent back to state court. It is a recommendation, not a ruling; the district judge has not yet acted on it. Kentucky’s remand motion in the Kalshi action is still undecided.
Report and Recommendation, E.D. Ky. No. 3:26-cv-00047 (ECF 41) -
United States v. State of Wisconsin
Our entry said Wisconsin’s brief was due October 21 and replies November 12. An October 13 order had moved those dates to October 28 and November 19.
Seventh Circuit order, No. 26-2636 (Dkt. 41, Oct. 13, 2026) -
KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)
Kalshi told the Ninth Circuit that the CFTC’s new swap-definition rules support rehearing in Assad, and asked again that the court wait for final rules. The court accepted three amicus briefs on October 13, and the petition remains pending.
Kalshi’s Rule 28(j) letter, 9th Cir. No. 25-7516 (Dkt. 226) -
KalshiEX LLC v. Schuler (6th Cir., consolidated with the Tennessee appeal)
Kalshi asked the full Sixth Circuit to rehear its Ohio and Tennessee loss, and the CFTC filed an amicus brief in the rehearing proceedings on October 16. The mandate has not issued, so the Tennessee injunction remains in place for now.
Petition for rehearing en banc, 6th Cir. Nos. 26-3196/5235 -
All parties reported that no separate briefing on Kalshi’s fee challenge is needed: Illinois’s 1.75% and 3.5% transaction taxes apply only to licensees, so the coming injunction against the licensing requirement also keeps them off Kalshi.
Joint status report, N.D. Ill. No. 1:26-cv-03659 (ECF 101) -
KalshiEX LLC v. Flaherty (cert. sought sub nom. Flaherty v. KalshiEX, LLC)
Amicus briefs supporting New Jersey’s petition arrived through October 8: Ohio with 38 other states and D.C., the NFL, the American Gaming Association, 145 tribes and tribal organizations, former CFTC Chairman Gary Gensler and former Senator Christopher Dodd, after earlier briefs from gaming legislators and regulators. Kalshi’s response is due November 9.
Supreme Court docket, No. 26-299 -
Blue Lake Rancheria v. Kalshi, Inc.
The Ninth Circuit’s mandate issued, returning the tribes’ case to Judge Corley, who set a status conference for October 21 to discuss next steps. No injunction is in place yet.
Docket, 3:25-cv-06162 (N.D. Cal.), ECF 99–100 -
Judge Pacold granted the injunction motion in part in a single opinion covering all three Illinois cases: Illinois’s licensing rules are likely preempted as applied to title contracts, and the fee challenge is continued. A proposed injunction is due October 29.
Memorandum opinion and order, N.D. Ill. (October 2, 2026) -
KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)
Kalshi asked the Ninth Circuit to hold its Assad rehearing petition until the CFTC finalizes its revised Rule 40.11, which the agency expects within two months; Nevada opposed on October 1. The petition is still pending, which keeps the mandate from issuing.
Nevada's response letter, 9th Cir. No. 25-7516 -
Mayor and City Council of Baltimore v. Kalshi
Judge Abelson stayed Baltimore’s case by agreement, including the City’s September 14 remand motion, for four months or until the Supreme Court disposes of the last of the three pending preemption petitions. We had the judge as Bredar; it is Abelson.
Stipulation, 1:26-cv-03217 (D. Md.), ECF 33 -
The Fourth Circuit still has not decided Kalshi’s Maryland appeal, argued in May. In October Kalshi pointed the panel to the CFTC’s new swap-definition rules, and Maryland answered with the Sixth Circuit’s Schuler decision.
Maryland’s Rule 28(j) response, 4th Cir. No. 25-1892 (Doc. 133, Oct. 26, 2026) -
Matter of New York State Gaming Commission v. Kalshi, Inc. (subpoena enforcement)
New York’s Gaming Commission petitioned the state court in Manhattan to compel Kalshi to comply with the investigative subpoenas it served in July. It is a separate proceeding from the Attorney General’s enforcement petition.
New York’s Rule 28(j) letter, 2d Cir. No. 26-1835 (ECF 62)
September 2026
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Mescalero Apache Tribe v. Kalshi, Inc.
The tribes’ suit names both Kalshi, Inc. and KalshiEX LLC as defendants, as the court’s caption shows; we had listed only Kalshi, Inc.
Notice of supplemental authority, D.N.M. No. 2:26-cv-01517 (Doc. 60) -
The CFTC filed an amicus brief in Kalshi’s Tenth Circuit appeal against Utah, and the court accepted one from Paradigm Operations. Utah’s answering brief was due October 21; its filing is not yet confirmed on the public record.
Tenth Circuit docket, No. 26-4100 -
KalshiEX LLC v. Ellison; QCX LLC (Polymarket US) v. Ellison
Minnesota did not appeal the July 27 injunction against its prediction-market ban: the lead docket shows no notice of appeal after the sixty-day window closed September 25. The case moves to merits scheduling, with a conference reset to October 15.
D. Minn. No. 0:26-cv-02661 docket -
KalshiEX LLC v. Schuler (6th Cir., consolidated with the Tennessee appeal)
The Sixth Circuit ruled for Ohio and Tennessee in a published opinion: Kalshi has not shown its sports contracts are swaps, and even if they were, the CEA would not preempt either state’s gambling law. It affirmed Ohio’s denial and vacated Tennessee’s injunction. The circuits now stand two to one against the platforms.
Sixth Circuit opinion, Nos. 26-3196/5235 -
KalshiEX LLC v. Commodity Futures Trading Commission
The CFTC told the Ninth Circuit it expects its revised Rule 40.11 — the rule governing which event contracts exchanges may list — to be final within two months. Kalshi relayed the statement to the Fourth Circuit the next day and asked it to wait for the rule.
CFTC response, 9th Cir. No. 26-4281 (Dkt. 29) -
State of Washington v. KalshiEX LLC
We had described the Ninth Circuit’s role in Washington’s case as stay rulings only. Kalshi’s appeal of the remand order (No. 26-3106) is a live appeal; on September 23 the court paused it until 30 days after the Nevada appeals’ mandates issue.
Order, 9th Cir. No. 26-3106 (Dkt. 31) -
Mescalero Apache Tribe v. Kalshi, Inc.
We had the tribes’ docket number as 1:26-cv-01517. The court’s own header reads 2:26-cv-01517 (Las Cruces division).
Clerk's minutes, 2:26-cv-01517 (D.N.M.), ECF 59 -
Mescalero Apache Tribe v. Kalshi, Inc.
Judge Strickland heard the New Mexico tribes’ motion to make Kalshi geofence tribal lands, together with Kalshi’s motion to dismiss. No ruling from the bench.
CourtListener — clerk’s minutes (Doc. 59) -
KalshiEX LLC v. Flaherty (cert. sought sub nom. Flaherty v. KalshiEX, LLC)
New Jersey’s petition, docketed September 8 as No. 26-299, will not reach conference before November: the Court extended Kalshi’s response to November 9, 2026. The first amicus brief, from the National Council of Legislators from Gaming States, was submitted the same day.
Supreme Court docket No. 26-299 -
We had said the hearing transcript was due October 27. It was filed in the district court on September 21. Kalshi’s Eighth Circuit opening brief is still due November 6.
Docket, S.D. Iowa No. 4:26-cv-00109 (Dkt. 63–64) -
United States v. State of Wisconsin
All three appellants filed their Seventh Circuit opening briefs on time — the United States and the CFTC, Kalshi, and the American Gaming Association — and Paradigm Operations filed an amicus brief. Wisconsin’s brief is due October 21.
Seventh Circuit docket No. 26-2636 -
Kalshi’s Montana case is over: dismissed on a joint stipulation in exchange for Montana’s promise not to enforce until the Ninth Circuit resolves Kalshi’s en banc petition in Assad, then only on thirty days’ notice. We had also missed Judge Molloy’s August 27 denial of the injunction.
Joint stipulation of dismissal (Doc. 35) -
Missouri Attorney General cease-and-desist letters (September 2026)
We said Missouri’s letter stated no deadline. All six letters give thirty days from their date, so the windows close October 16 for Kalshi, Polymarket, Crypto.com and Robinhood and October 17 for Novig and Underdog, after which the State says it will sue.
Missouri AG — letter to Kalshi -
State of Connecticut v. KalshiEX LLC
Connecticut moved on September 8 to send its case against Kalshi back to state court, and Judge Oliver froze every other deadline until he decides that. Kalshi’s response is due September 29.
CourtListener — 3:26-cv-01382 -
Kalshi’s Iowa appeal was docketed in the Eighth Circuit as No. 26-2874 — the first time that circuit has the preemption question. Kalshi’s opening brief is due November 6, 2026.
Eighth Circuit briefing schedule (Doc. 62) -
Blue Lake Rancheria v. Kalshi, Inc.
The Ninth Circuit reversed in part for the California tribes in a published opinion: Kalshi’s sports contracts are class III gaming when entered from tribal land, and the Commodity Exchange Act does not displace the Indian Gaming Regulatory Act. It remanded for the remaining injunction factors; no injunction is in place yet.
Ninth Circuit opinion, No. 25-7504 -
Missouri Attorney General cease-and-desist letters (September 2026)
Missouri’s Attorney General told Kalshi, Polymarket, Crypto.com, Novig, Underdog and Robinhood to stop offering sports event contracts or be licensed and taxed as sportsbooks. No suit has been filed by either side.
Missouri AG — letter to Kalshi -
Ho-Chunk Nation v. Kalshi, Inc.
Judge Conley certified his IGRA ruling for interlocutory appeal, denied the Nation leave to amend, and stayed the case, taking the May 2027 trial off the calendar. Kalshi petitioned the Seventh Circuit on September 21 (No. 26-8020).
Opinion and order (Doc. 114) -
KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)
Kalshi asked the Ninth Circuit to rehear Assad, by the panel or en banc. The petition holds the mandate, so the remand on election contracts and the stayed Arizona appeal both wait on it. Paradigm Operations and the Coalition for Prediction Markets filed amicus briefs in support.
CourtListener — No. 25-7516 (9th Cir.) -
State of Rhode Island v. KalshiEX LLC
Rhode Island’s case is formally consolidated with Kalshi’s own suit before Chief Judge McElroy, and Polymarket US is a co-defendant in it. We had described three parallel tracks and a separate CFTC suit; the CFTC intervened rather than suing.
Kalshi filing under the consolidated caption -
Judge Locher denied Kalshi’s injunction against Iowa: express preemption is unlikely because “swap” does not clearly reach sports outcomes, and Kalshi showed no irreparable harm.
Order denying preliminary injunction (Doc. 57) -
The Tenth Circuit refused Kalshi an injunction pending its appeal of the Utah judgment, so nothing bars Utah from enforcing while the appeal runs. Some outlets date the order September 9 or 10; it is file-stamped September 8.
Tenth Circuit order (Doc. 19) -
Judge Aquilina replaced Michigan’s TRO with a preliminary injunction that runs to final judgment: sports contracts barred, a $500,000-a-day penalty for failing licensed geolocation, and notice to every broker that offers Kalshi’s sports contracts.
Order Granting Preliminary Injunction (Ingham County) -
State of Washington v. KalshiEX LLC
Judge McHale denied Kalshi’s motion to reconsider Washington’s amended injunction, which had leaned on the state’s August 18 non-enforcement deal with Crypto.com’s exchange. Reports date the order September 16 or 18.
Law360 -
Mescalero Apache Tribe v. Kalshi, Inc.
The New Mexico tribes’ injunction motion, which would make Kalshi geofence tribal lands, and Kalshi’s motion to dismiss are fully briefed. A hearing is reported set for September 23 in Las Cruces.
Source NM
August 2026
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Kentucky enforcement actions v. Kalshi & others (Franklin Circuit Court)
Kentucky’s June filings were two complaints, not one: the Kalshi action (No. 26-CI-00689, Judge Shepherd) names Kalshi with its brokers Robinhood, Webull and Coinbase, and Polymarket is sued separately. Kalshi removed its case to federal court; Kentucky’s remand motion was fully briefed August 31.
Kentucky AG — Kalshi complaint (No. 26-CI-00689) -
State of Washington v. KalshiEX LLC
We dated Washington’s amended preliminary injunction August 13. The order was signed and filed August 12, 2026.
King County Superior Court — Amended and Updated Order (No. 26-2-10264-3 SEA) -
People of the State of New York v. KalshiEX LLC
We said this case had been referred to Judge Torres. She declined it as unrelated on August 10 and it went to Judge Broderick. We had also omitted New York’s remand motion, fully briefed since August 28 and undecided.
CourtListener — 1:26-cv-06550 -
State of Wisconsin v. Kalshi, Inc.
Our entry had not been updated since April. Wisconsin’s own preliminary-injunction motion against Kalshi and its brokers has been fully briefed since August 7, alongside a pending motion to remand; neither has been decided.
CourtListener — 3:26-cv-00378 -
State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC
The Control Board told the Carson City court Kalshi missed its August 12 geofencing deadline and asked for the stipulated $120,000-a-day penalty. Kalshi disputes it. We had carried the deadline as upcoming; no ruling has been reported.
The Nevada Independent
July 2026
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Our pages disagreed on when Kalshi appealed Judge Torres’s ruling, saying both “the same day” and “the next day.” The Second Circuit docketed the appeal on July 8, 2026; we now say only that.
CourtListener — KalshiEX LLC v. Williams, No. 26-1835 (2d Cir.) -
State of New Mexico v. Kalshi, Inc.
Our entry missed that New Mexico moved in July to send its suit against Kalshi back to state court. The motion has been fully briefed since August and is undecided; a November 10 status conference will set a motions hearing.
Memorandum in support of remand, D.N.M. No. 6:26-cv-01857 (ECF 31) -
State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC
We added two appeals our entry missed: Kalshi’s appeal of the state injunction to the Nevada Supreme Court (No. 92771), where a stay was denied, and its live Ninth Circuit appeal of the remand order (No. 26-1304), which we had described as stay rulings only. The Carson City judge is Jason Woodbury.
Nevada Supreme Court, No. 92771: order denying a stay
June 2026
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Coalition for Fair Markets v. Coleman
Added to the tracker: the platforms’ own challenge to Kentucky’s 14.25% prediction-market tax and licensee contracting ban, filed by the Coalition for Fair Markets (Kalshi, Crypto.com’s exchange and Polymarket US) in Franklin Circuit Court as No. 26-CI-00667. Its claims now run through the federal case against Kentucky.
Complaint, Franklin Circuit No. 26-CI-00667 (E.D. Ky. ECF 18-2) -
State of New Mexico v. Kalshi, Inc.
Our entry listed only Kalshi, Inc. as a defendant in New Mexico’s suit. The docket shows KalshiEX LLC is a defendant too.
D.N.M. No. 6:26-cv-01857 (docket) -
KalshiEX LLC v. Ohio Casino Control Commission (fine challenge)
We said the CFTC and 39 states plus D.C. filed on opposite sides of Kalshi’s Ohio fine challenge. They did not: the CFTC’s brief was in the federal Sixth Circuit appeal, and the multistate brief was in Massachusetts. Removed.
The Block — CFTC backs Kalshi in the Sixth Circuit
May 2026
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Our entry credited Kalshi with the Arizona injunction. It was won by the United States and the CFTC on their own motion; Kalshi’s motion was denied in April and is on appeal as No. 26-2978. Corrected from Arizona’s Ninth Circuit status report.
Arizona status report, No. 26-4281 (9th Cir.)
February 2026
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State of Nevada ex rel. Nevada Gaming Control Board v. KalshiEX LLC
We had the parties reversed. This is the Nevada Gaming Control Board’s enforcement action against Kalshi, filed in Carson City in February 2026 (No. 260000050-1B), not a suit by Kalshi. Kalshi’s own suit against the Board is the federal Assad case.
Notice of Removal, D. Nev. No. 2:26-cv-00406
December 2025
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Our Louisiana page said no state agency had taken prediction-market enforcement action. That was incomplete: the Gaming Control Board’s December 5, 2025 advisory notice declared sports event contracts illegal gambling, as Kalshi’s new complaint quotes it.
Complaint, KalshiEX LLC v. Murrill, W.D. La. No. 1:26-cv-04476, ¶ 71
September 2024
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KalshiEX LLC v. Commodity Futures Trading Commission
Two of our docket links pointed to unrelated cases: the District of Columbia link went to a bankruptcy case and the D.C. Circuit link to a South Carolina family-court matter. They now point to Nos. 1:23-cv-03257 and 24-5205. The stay-opinion link was also replaced with the D.C. Circuit’s October 2, 2024 opinion.
CourtListener — D.D.C. No. 1:23-cv-03257