Legal tracker / Arizona criminal case v. Kalshi
Case · as of Oct 15, 2026
Arizona criminal case v. Kalshi
For the exchanges Halted by federal injunction
Arizona became the first state to criminally charge a prediction-market operator, filing a 20-count misdemeanor information alleging an unlicensed wagering business and illegal election wagering, including on Arizona races. The prosecution has been halted since April 2026 by federal orders obtained by the CFTC; the AG is seeking to revive it after the Ninth Circuit's Assad decision.
Case record last checked against its sources on Sep 25, 2026.
| Case | State of Arizona v. KalshiEX LLC and Kalshi Trading LLC |
| Court | Maricopa County Superior Court, Arizona (per secondary reporting) |
| Filed | Mar 17, 2026 |
| Type | Criminal |
| Companies | Kalshi |
| Other side | Arizona Attorney General Kris Mayes |
| Last action | May 5, 2026: Federal preliminary injunction barred Arizona from pursuing the prosecution. |
| Next date | : Outcome of Arizona's bid to dissolve the federal injunction. |
History
Newest first.
| Date | What happened |
|---|---|
| May 5, 2026 | Federal preliminary injunction entered. |
| Apr 10, 2026 | Federal TRO blocked the prosecution. |
| Mar 17, 2026 | AG filed 20 misdemeanor counts against KalshiEX LLC and Kalshi Trading LLC. |
Sources
Arizona criminal case v. Kalshi: questions
What is the status of Arizona criminal case v. Kalshi?
Halted by federal injunction. Arizona became the first state to criminally charge a prediction-market operator, filing a 20-count misdemeanor information alleging an unlicensed wagering business and illegal election wagering, including on Arizona races. The prosecution has been halted since April 2026 by federal orders obtained by the CFTC; the AG is seeking to revive it after the Ninth Circuit's Assad decision.
What happened most recently in Arizona criminal case v. Kalshi?
May 5, 2026: Federal preliminary injunction barred Arizona from pursuing the prosecution.
What is the next date in Arizona criminal case v. Kalshi?
: Outcome of Arizona's bid to dissolve the federal injunction.
Compiled from court dockets, opinions, regulator releases and news coverage, linked above. Not legal advice. Arizona: every action · All cases · Interactive tracker