State guide · updated July 2026
Prediction markets in New York
Most prediction market activity is accessible to New York residents. State regulators have specifically scrutinized sports event contracts, while political, economic and cultural markets remain open.
- State regulator
- New York State Gaming Commission
- Recommended platforms
- Kalshi, ForecastEx
- Notable regulatory action
- New York regulators have signaled that sports event contracts may conflict with the state's sports wagering framework. Non-sports markets remain broadly available.
Platform availability in New York
Available to New York residents subject to Kalshi's standard KYC.
Polymarket is not legally available to US residents.
Available to New York residents subject to ForecastEx's standard KYC.
FAQ
New York prediction market questions
Are prediction markets legal in New York?+
Most prediction market activity is accessible to New York residents. State regulators have specifically scrutinized sports event contracts, while political, economic and cultural markets remain open.
Is Kalshi available in New York?+
Available to New York residents subject to Kalshi's standard KYC.
Are sports event contracts available in New York?+
New York regulators have actively challenged sports event contracts. Availability of sports markets specifically may differ from other categories.
What should I know before signing up from New York?+
Confirm the platform's current state availability on its own site before depositing funds. Use only regulated US exchanges; trade only what you can afford to lose; and read each platform's risk and terms documentation.
Other states