Kalshi Faces Court Petition Over Sports Contract Records in New York

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TLDR The New York State Gaming Commission has asked a Manhattan court to force Kalshi to comply with subpoenas issued on July 31, 2026. The regulator wants records on Kalshi’s sports-event contracts, users under 21, advertising and corporate ownership. The Commission says it needs the records to decide whether to issue civil penalties under New York’s Racing Law. Kalshi also faces legal action from Utah, Connecticut and the New York Attorney General, while Ohio has set an October 30 deadline for its licensees. The CFTC has sued New York and three other states, arguing event contracts fall only under federal oversight.

New York’s gaming regulator has asked a state court to force Kalshi to turn over records tied to its sports-event contracts. The New York State Gaming Commission says the prediction market operator has not complied with subpoenas issued in the summer.

The petition names Kalshi Inc. and KalshiEX LLC as respondents. It was filed with the New York State Supreme Court in Manhattan, and the court logged it as received on October 22, 2026.

The Commission is represented by the office of Attorney General Letitia James. The filing became public on October 23, when sports betting attorney Daniel Wallach shared pages from it on X.

BREAKING: The NYS Gaming Commission has sued Kalshi in NY County Supreme Court to force compliance with subpoenas seeking records on its sports-event contracts, offerings to NY’ers under 21, ads describing its products as wagers or bets, and ownership and corporate structure. pic.twitter.com/17Iiy3b0aV

— Daniel Wallach (@WALLACHLEGAL) October 23, 2026

What the Gaming Commission Is Asking For

The subpoenas seek four types of records. These cover Kalshi’s sports-event contracts, products offered to New Yorkers under 21, advertising that calls its products wagers or bets, and the company’s ownership


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