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Legal tracker / Kalshi consumer class action (illegal sportsbook)

Case · as of Oct 15, 2026

Kalshi consumer class action (illegal sportsbook)

Pending Pending — consolidated

Consumers allege Kalshi operates an unlawful sports-gambling platform posing as a prediction market, asserting state gambling, consumer-protection and unjust-enrichment claims for a nationwide class and state subclasses. Three actions were consolidated before Judge Jennifer L. Rochon under a February 2026 stipulation setting deadlines for a consolidated complaint and a motion to compel arbitration. No ruling on arbitration or the merits located.

Case record last checked against its sources on Feb 9, 2026.

CaseIn re Kalshi Sports Prediction Market Litigation
CourtU.S. District Court for the Southern District of New York
Docket1:25-cv-08585-JLR (lead; consolidated with 1:25-cv-09913 and 1:26-cv-00317)
FiledOct 16, 2025
TypeClass action
CompaniesKalshi
Other sidePutative nationwide class of Kalshi users (Yee, Pelayo and Hallman plaintiffs)
Last actionFeb 9, 2026: Stipulation to consolidate filed, setting consolidated complaint (Mar. 24) and arbitration-motion (Apr. 21) deadlines.

History

Newest first.

DateWhat happened
Feb 9, 2026Consolidation stipulation filed.
Nov 26, 2025Seven-plaintiff nationwide class action filed (Pelayo; later consolidated).
Oct 16, 2025Yee v. KalshiEX filed (lead case).

Sources

Kalshi consumer class action (illegal sportsbook): questions

What is the status of Kalshi consumer class action (illegal sportsbook)?

Pending — consolidated. Consumers allege Kalshi operates an unlawful sports-gambling platform posing as a prediction market, asserting state gambling, consumer-protection and unjust-enrichment claims for a nationwide class and state subclasses. Three actions were consolidated before Judge Jennifer L. Rochon under a February 2026 stipulation setting deadlines for a consolidated complaint and a motion to compel arbitration. No ruling on arbitration or the merits located.

What happened most recently in Kalshi consumer class action (illegal sportsbook)?

Feb 9, 2026: Stipulation to consolidate filed, setting consolidated complaint (Mar. 24) and arbitration-motion (Apr. 21) deadlines.

Compiled from court dockets, opinions, regulator releases and news coverage, linked above. Not legal advice. All cases · Interactive tracker