Prediction markets in New York: a sourced timeline.
Follow selected New York prediction market developments. Separate state enforcement announcements, exchange registrations and dated provider statements.
We earn a commission if you sign up through these offers. 21+.
Polymarket US: Deposit $10 get a $25 Trading Bonus!
NYPREDICTS18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
This is general information, not legal advice.
Kalshi (opens in a new tab) and Polymarket US (opens in a new tab) are Available, dispute pending (as of October 13, 2026) in New York. The state sued Kalshi on July 31, 2026 and Polymarket US on September 24, 2026; no court order blocks them. Check account, contract and location eligibility before funding.
-
Event date: September 24, 2026
Enforcement announcement
We earn a commission if you sign up through these offers. 21+.
Polymarket US: Deposit $10 get a $25 Trading Bonus!
Trade on Polymarket US (opens in a new tab)NYPREDICTS18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
Last checked November 2, 2026
What did New York announce on September 24, 2026?
The state announced an action against QCX LLC d/b/a Polymarket US.
What it does not establish: The U.S. entity matters. Neither global market access nor the announcement alone establishes a particular account’s current status.
Event date: August 11, 2026
Federal order
What did the CFTC order on August 11, 2026?
The CFTC issued an emergency order telling Kalshi to keep operating while New York’s lawsuit continues.
What it does not establish: The order does not end the state case or decide whether New York’s gambling laws apply to Kalshi’s contracts.
-
Event date: July 31, 2026
Enforcement announcement
What did New York announce on July 31, 2026?
The state announced a lawsuit against KalshiEX LLC and requested relief against the challenged operation.
What it does not establish: A complaint and requested relief are not a final court ruling. This timeline does not establish subsequent docket outcomes.
Event date: July 7, 2026
Federal court ruling
What did the federal court decide on July 7, 2026?
A federal judge denied Kalshi’s request for a preliminary injunction against New York, finding that state gambling law can apply to sports event contracts.
What it does not establish: It is a preliminary ruling, not a final judgment, and no court order has blocked Kalshi or Polymarket US in New York.
-
Event date: June 13, 2026
Provider statement
What did OG announce on June 13, 2026?
OG (opens in a new tab) published a New York launch announcement with OG Anunoby.
What it does not establish: The announcement is a dated provider claim.
-
Event date: June 11, 2026
Federal register
When was ProphetX designated as an exchange?
The CFTC register lists ProphetX (opens in a new tab) LLC as designated on June 11, 2026.
What it does not establish: Federal exchange status does not by itself answer New York product or account eligibility.
Event date: April 24, 2026
Federal lawsuit
Why did the CFTC sue New York on April 24, 2026?
The CFTC sued New York in federal court in Manhattan (case 1:26-cv-03404), arguing that federal law preempts state enforcement against CFTC-regulated event contracts.
What it does not establish: Filing a lawsuit decides nothing on its own; the case is ongoing.
Event date: April 21, 2026
Enforcement announcement
What did New York announce on April 21, 2026?
New York’s attorney general sued Coinbase Financial Markets and Gemini, alleging that their prediction-market products are illegal gambling.
What it does not establish: These are the state’s allegations, not a court ruling.
-
Event date: February 2, 2026
State statement
What did the state’s consumer and industry alert say?
New York’s attorney general warned consumers about prediction-market risks and separately warned the industry about advertising and promoting unlicensed sports wagering.
What it does not establish: This records the state’s stated enforcement position. It is not a judgment against every exchange.
Which developments should you check next?
For litigation, check later court orders and their effective dates. For account access, check the exact U.S. product and current platform notices. For promotions, read the full current campaign terms. This chronology does not establish the latest disposition of either lawsuit.
Read the New York access guide
Compiled by the editorial team from the source records listed below. Research methodology.
Sources
- CFTC press release 9281-26: emergency order, August 11, 2026 (opens in a new tab)
- New York AG: Polymarket lawsuit, September 24, 2026 (opens in a new tab) — checked October 14, 2026
- Sports Betting Dime: New York judge denies Kalshi motion for preliminary injunction (July 7, 2026) (opens in a new tab)
- New York AG: Kalshi lawsuit, July 31, 2026 (opens in a new tab) — checked October 14, 2026
- OG: New York launch announcement, June 13, 2026 — checked September 26, 2026
- CFTC designated contract market register (opens in a new tab) — checked October 14, 2026
- New York AG consumer and industry alert, February 2, 2026 (opens in a new tab) — checked October 14, 2026
Frequently asked questions
What is the New York status for Kalshi and Polymarket US?
Kalshi and Polymarket US are Available, dispute pending (as of October 13, 2026) in New York. The state sued Kalshi on July 31, 2026 and Polymarket US on September 24, 2026; no court order blocks them. Check account, contract and location eligibility before funding.
Does a lawsuit announcement establish a final court ruling?
No. A complaint describes allegations and requested relief. Read later orders and their effective dates separately.
Does federal exchange designation settle New York access?
No. Designation identifies federal exchange status. State disputes, product restrictions and individual account eligibility are separate questions.
Does OG’s launch notice establish current eligibility?
The June 2026 notice records what OG announced then.
Already have Kalshi? Add a second app
- OG: Trade $25 Get $50 in Rewards! (New users only) (code
NYPREDICTS) · 42 states + D.C. Claim on OG (opens in a new tab)
Paid partnership with OG. Terms and conditions apply. Trading derivatives involves risk and may not be appropriate for all. Availability subject to jurisdictional limitations. For more information, visit: OG.com. - ProphetX: Trade $50, Earn $75! (code
NYPREDICTS) · 49 states + D.C. Claim on ProphetX (opens in a new tab)
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
21+ · T&Cs apply · Terms
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
