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)

  • Blue Lake Rancheria v. Kalshi, Inc.

    No. 3:25-cv-06162 · No. 25-7504

    Preliminary injunction granted for the tribes (N.D. Cal., Nov. 2026)U.S. Court of Appeals for the Ninth CircuitCA

    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

  • KalshiEX LLC v. Cafferelli

    No. 3:25-cv-02016 · No. 26-2239

    Injunction denied; Second Circuit also denied an injunction pending appeal; merits appeal pendingU.S. District Court for the District of Connecticut (Judge Vernon D. Oliver)CT

    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

  • KalshiEX LLC v. Williams

    No. 1:25-cv-08846 · No. 26-1835

    Injunction denied; injunction pending appeal denied (2d Cir., Nov. 3); merits appeal pendingS.D.N.Y. (Judge Analisa Torres, 1:25-cv-08846)NY

    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

  • KalshiEX, LLC v. Assad (below: KalshiEX LLC v. Hendrick)

    No. 2:25-cv-00575 · No. 25-7516

    Injunction dissolution affirmed (9th Cir., published); rehearing deniedNinth Circuit; D. Nev. (Judge Gordon) belowNV

    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

  • KalshiEX LLC v. Cox

    No. 2:26-cv-00151 · No. 26-4100

    Summary judgment for the state; on appeal (10th Cir.)U.S. District Court, D. Utah (Judge Shelby)UT

    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

  • 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

    States win: Ohio affirmed, Tennessee vacated (6th Cir.); en banc response orderedSixth Circuit (Ohio + Tennessee appeals)TNOH

    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

  • KalshiEX LLC v. Bird

    No. 4:26-cv-00109 · No. 26-2874

    Injunction denied; on appeal (8th Cir.)U.S. District Court, S.D. Iowa (Judge Locher)IA

    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

  • Nessel v. KalshiEX LLC

    No. 26-1087-CZ · No. 1:26-cv-00731 · No. 26-1639

    Preliminary injunction in effectIngham County Circuit Court, 30th Judicial CircuitMI

    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

  • State of Washington v. KalshiEX LLC

    No. 26-2-10264-3 SEA · No. 2:26-cv-01062 · No. 26-3106

    Amended preliminary injunction in effectKing County Superior Court (Judge John McHale)WA

    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

  • 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

    Geofencing stipulation; state seeks daily penaltiesCarson City district court (Judge Woodbury); appeals pendingNV

    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

  • United States v. State of Wisconsin

    No. 2:26-cv-00749 · No. 26-2636 · No. 26-2675 · No. 26-2696

    Federal injunction denied; on appeal (7th Cir., consolidated)U.S. District Court for the Eastern District of Wisconsin (Judge William C. Griesbach)WI

    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

  • Commonwealth of Massachusetts v. KalshiEX LLC

    No. 2584CV02525 · No. 2026-P-244 · No. SJC-13906

    Injunction granted (stayed pending SJC review)Suffolk County Superior Court; Mass. Supreme Judicial CourtMA

    Preliminary injunction granted (January 2026); Massachusetts SJC took the case on direct review and heard argument in May 2026.Checked Nov 8, 2026

  • KalshiEX LLC v. Martin

    No. 1:25-cv-01283 · No. 25-1892

    Injunction denied; on appeal (4th Cir.)U.S. Court of Appeals for the Fourth CircuitMD

    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)

  • KalshiEX LLC v. Raoul

    No. 1:26-cv-07363

    Preliminary injunction entered; Illinois has appealed (7th Cir.)U.S. District Court, N.D. Ill. (Judge Pacold)IL

    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

  • 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

    Injunction affirmed; cert petition pending (No. 26-299)U.S. Court of Appeals for the Third CircuitNJ

    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

  • KalshiEX LLC v. Knudsen

    No. 6:26-cv-00028

    Dismissed by stipulation (enforcement standstill)U.S. District Court, D. Mont. (Judge Molloy)MT

    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

  • KalshiEX LLC v. Ellison; QCX LLC (Polymarket US) v. Ellison

    No. 0:26-cv-02778 · No. 0:26-cv-02841

    Statute enjoined; not in effectU.S. District Court for the District of Minnesota (Nos. 0:26-cv-02778 and 0:26-cv-02841, consolidated with 0:26-cv-02661; Judge Katherine M. Menendez)MN

    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

  • KalshiEX LLC v. Johnson

    No. 2:26-cv-01715 · No. 26-2978 · No. 26-4281

    Criminal prosecution enjoined on the CFTC’s motion (preliminary injunction)U.S. District Court for the District of Arizona (Judge Michael T. Liburdi)AZ

    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

  • Connecticut cease-and-desist letters (December 2025)

    Ripened into a state enforcement actionConnecticut Department of Consumer Protection — administrative (Case No. 2025-77)CT

    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

  • KalshiEX LLC v. Commodity Futures Trading Commission

    No. 1:23-cv-03257 · No. 24-5205

    Won below; appeal voluntarily dismissed (no appellate ruling)D.C. Circuit; D.D.C. (Judge Cobb) below

    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)

  • State of Arkansas ex rel. Griffin v. KalshiEX LLC

    No. 32CV-26-717

    Filed; no rulingArk. Cir. Ct. (Independence County)AR

    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

  • Brown v. Kalshi Inc. (Utah Attorney General)

    No. 260908356

    Filed; no rulingUtah 3d Dist. Ct. (Salt Lake County)UT

    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

  • Ho-Chunk Nation v. Kalshi, Inc.

    No. 3:25-cv-00698 · No. 26-8020

    Stayed; Seventh Circuit accepted interlocutory appealU.S. District Court for the Western District of Wisconsin (Judge William M. Conley)WI

    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

  • KalshiEX LLC v. Hanaway

    No. 4:26-cv-01860

    Filed; consolidation motion pendingE.D. Mo. (Judge Lanahan)MO

    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

  • KalshiEX LLC v. Murrill

    No. 1:26-cv-04476

    Filed; no rulingW.D. La.LA

    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

  • Matter of New York State Gaming Commission v. Kalshi, Inc. (subpoena enforcement)

    No. 454547/2026

    Petition filedN.Y. County Supreme CourtNY

    New York’s Gaming Commission went to state court to enforce its July subpoenas to Kalshi (October 2026).Checked Oct 28, 2026

  • Missouri Attorney General cease-and-desist letters (September 2026)

    Deadlines passed; Novig, Crypto.com and Kalshi suedMissouri Attorney General — pre-suit letters (no court proceeding)MO

    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

  • State of Utah v. KalshiEX, LLC

    No. 261912852

    Charged; initial appearance December 4Utah 3d Dist. Ct. (Salt Lake County)UT

    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

  • Mescalero Apache Tribe v. Kalshi, Inc.

    No. 2:26-cv-01517

    PendingU.S. District Court for the District of New Mexico (Judge Margaret I. Strickland)NM

    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

  • State of Connecticut v. KalshiEX LLC

    No. HHD-CV26-6230345-S · No. 3:26-cv-01382

    Removed; remand motion fully briefedU.S. District Court for the District of Connecticut — removed from Hartford Superior Court (No. HHD-CV26-6230345-S)CT

    Connecticut sued Kalshi directly (August 2026), converting its earlier cease-and-desist into an enforcement action.Checked Nov 8, 2026

  • KalshiEx LLC v. Furcolo

    No. 1:26-cv-00327

    Pending — argued August 2026, decision pendingU.S. District Court for the District of Rhode Island (Chief Judge Mary S. McElroy)RI

    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

  • Mayor and City Council of Baltimore v. Kalshi

    No. C-24-CV-26-005532 · No. 1:26-cv-03217

    Stayed by agreement; remand motion pendingCircuit Court for Baltimore CityMD

    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

  • People of the State of New York v. KalshiEX LLC

    No. 1:26-cv-06550

    Removed; remand motion briefed and undecidedS.D.N.Y. (Judge Broderick); commenced in NY County Supreme CourtNY

    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

  • Coalition for Fair Markets v. Coleman

    Filed; claims being litigated in the federal caseFranklin Circuit Court (No. 26-CI-00667)KY

    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

  • KalshiEX LLC v. Ohio Casino Control Commission (fine challenge)

    Pending — fine contestedFranklin County Court of Common Pleas, Ohio (state)OH

    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

  • 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

    Remand recommended in both removed actions; district judges have not ruledE.D. Ky. (Judge Wier); removed from Franklin Circuit CourtKY

    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

  • State of New Mexico v. Kalshi, Inc.

    No. D-101-CV-2026-01567 · No. 6:26-cv-01857

    Remand motion pendingNew Mexico state district courtNM

    The New Mexico Attorney General sued Kalshi (June 2026).Checked Nov 8, 2026

  • CFTC intervention in KalshiEx LLC v. Furcolo (D.R.I.)

    No. 1:26-cv-00327

    PendingU.S. District Court, D.R.I. (intervention; Chief Judge McElroy)RI

    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

  • State of Rhode Island v. KalshiEX LLC

    No. PC-2026-02753 · No. 1:26-cv-00333

    PendingRhode Island state courtRI

    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

  • State of Wisconsin v. Kalshi, Inc.

    No. 26-CV-1284 · No. 3:26-cv-00378

    Remand and state injunction motions pendingWisconsin state courtWI

    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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This page is informational, not legal advice. Nearly every entry is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.