Is Kalshi legal? › Arizona
Status as of September 25, 2026 · every line has its source and date · not legal advice
As of September 25, 2026, Kalshi is available in Arizona, and its sports contracts are available, according to CBS Sports (September 24, 2026). 14 state actions involving Kalshi are listed below with their sources. This is a dated summary of public sources, not legal advice.
| Service | Arizona |
|---|---|
| Kalshi (CFTC-regulated exchange) | Available |
| Kalshi sports contracts | Available |
| Polymarket US (for comparison) | Unclear (sources disagree) |
| polymarket.com (international site) | No new trades for US users |
Kalshi is reported live in Arizona, including sports, because a federal preliminary injunction (2026-05-05, in the CFTC's case) bars Arizona from criminal or civil enforcement related to event contracts on CFTC-registered exchanges; Arizona's 20-count criminal case against Kalshi (2026-03-17) is blocked by that order, and Arizona's Ninth Circuit appeal is pending. Polymarket US status is unclear because reputable outlets conflict.
| Date | Company | Event and source |
|---|---|---|
| 2026-09-14 | Kalshi | After filing a status report on 2026-09-04, Arizona filed a 'Motion for Summary Disposition or to Dismiss' in its appeal of the injunction (No. 26-4281), and the docket shows no ruling yet. Commodity Futures Trading Commission, et al. v. Johnson, et al., 9th Cir. No. 26-4281 (CourtListener docket) |
| 2026-08-28 | Kalshi | AG Mayes welcomed the Ninth Circuit's Nevada ruling and said her office is reviewing what it means for Arizona's own litigation with Kalshi. Attorney General Mayes Celebrates Ninth Circuit Ruling Affirming State Authority to Regulate Sports Betting (AZ AG) |
| 2026-07-06 | Kalshi | Arizona officials appealed the CFTC's preliminary injunction to the Ninth Circuit (No. 26-4281), and that appeal was paused on 2026-07-21 until the consolidated Nevada appeals are decided. Commodity Futures Trading Commission, et al. v. Johnson, et al., 9th Cir. No. 26-4281 (CourtListener docket) |
| 2026-05-18 | Kalshi | The district court paused the combined case until the Ninth Circuit decides any of the Nevada cases argued on 2026-04-16. KalshiEX LLC v. Johnson (CourtListener docket, entry 104) |
| 2026-05-08 | Kalshi | Kalshi appealed the denial of its own injunction to the Ninth Circuit (No. 26-2978), and that appeal was paused on 2026-06-04 until the Nevada appeals are finally decided (formal mandates issued). KalshiEX, LLC, et al. v. Johnson, et al., 9th Cir. No. 26-2978 (CourtListener docket) |
| 2026-05-05 | Kalshi | Judge Liburdi replaced the temporary order with a preliminary (not permanent) injunction barring the defendants from enforcing Arizona gambling laws (A.R.S. 5-1301 et seq., 13-3301 to 13-3312 and 16-1015) through criminal or civil actions, including subpoenas, related to event contracts on CFTC-regulated exchanges. Order, KalshiEX LLC v. Johnson, No. CV-26-01715-PHX-MTL (Doc. 96) |
| 2026-04-13 | Kalshi | Governor Katie Hobbs, the Arizona Department of Gaming and Douglas Jensen were dismissed as defendants without prejudice by stipulation. KalshiEX LLC v. Johnson (CourtListener docket, entry 70) |
| 2026-04-10 | Kalshi | Judge Liburdi granted the CFTC a temporary restraining order barring Arizona officials from criminal or civil enforcement of state gambling laws related to event contracts on CFTC-regulated exchanges; it was later extended to 2026-05-08. KalshiEX LLC v. Johnson (CourtListener docket, entries 65 and 84) |
| 2026-04-08 | Kalshi | Judge Liburdi denied Kalshi's own motions for a preliminary injunction and an immediate temporary restraining order. KalshiEX LLC v. Johnson (CourtListener docket, entry 51) |
| 2026-04-02 | Kalshi | The United States and the CFTC sued Arizona (D. Ariz. 2:26-cv-02246), and the case was combined the same day with Kalshi's suit before Judge Liburdi. United States of America v. Arizona, State of (CourtListener docket) |
| 2026-03-17 | Kalshi | Attorney General Kris Mayes filed a 20-count criminal information against KalshiEx LLC and Kalshi Trading LLC for running an unlicensed wagering business and for election wagering, including four election-wagering counts. Attorney General Mayes Charges Kalshi With Illegal Gambling Operation, Election Wagering in Arizona (AZ AG) |
| 2026-03-17 | Kalshi | U.S. District Judge Michael T. Liburdi denied Kalshi's request for a temporary restraining order. KalshiEX LLC v. Johnson (CourtListener docket, entry 15) |
| 2026-03-12 | Kalshi | Kalshi sued Arizona officials in federal court to block enforcement of state gambling laws (KalshiEX LLC v. Johnson, D. Ariz. 2:26-cv-01715). KalshiEX LLC v. Johnson (CourtListener docket) |
| 2025-05-21 | Kalshi | The Arizona Department of Gaming sent Kalshi a cease-and-desist letter saying Kalshi is not licensed and its event wagering in Arizona is illegal. Arizona regulators hit Kalshi with cease-and-desist order as list grows (CDC Gaming) (news) |
State regulator: Arizona Department of Gaming. NOT opened: the site showed a Cloudflare bot check, which was not bypassed. The Department sent the 2025 cease-and-desist to Kalshi. The Attorney General (azag.gov, opened) brought the criminal case.
Kalshi has been a CFTC-designated contract market since November 4, 2020 (CFTC release 8302-20). Whether states may still apply their gambling laws to sports event contracts is being decided in the courts, and the federal appeals courts do not agree yet:
How sure is this page? Confidence: medium. Court records confirm the injunction and appeals, and two outlets dated 2026-09-24 say Kalshi (including sports) is live, but Polymarket's status conflicts and a pending Ninth Circuit motion could change things soon. Researched September 25, 2026; court cases can change the status at any time, so check Kalshi's app before you trade.
Related: every state · is Polymarket legal in Arizona? (Polymarket View) · Kalshi fee calculator · Kalshi taxes · Kalshi FAQ
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As of September 25, 2026, Kalshi is available in Arizona, and its sports contracts are available, according to CBS Sports (September 24, 2026). 14 state actions involving Kalshi are listed below with their sources. This is a dated summary of public sources, not legal advice.
Kalshi's sports contracts are available in Arizona according to the sources on this page as of September 25, 2026. State lawsuits and court orders can change that quickly, so check the dated timeline and Kalshi's app.
Yes, federally: the CFTC designated KalshiEX LLC as a contract market on November 4, 2020. States disagree on whether their gambling laws also reach sports event contracts, and federal courts are split, so availability differs by state.