States / Maryland
Legal status · as of Oct 15, 2026
Are prediction markets legal in Maryland?
In court
Maryland's regulator ordered operators to stop in April 2025 and won in district court. Kalshi's Fourth Circuit appeal was argued in May 2026 and is pending, and Baltimore filed its own suits in Aug 2026.
State actions
Regulator orders, lawsuits, rulings and laws, newest first.
| Date | Action | What happened | Sources |
|---|---|---|---|
| Aug 13, 2026 | Lawsuit | City of Baltimore sues under its consumer protection ordinance, also naming Robinhood, Webull and Coinbase. (Kalshi, Polymarket, Robinhood, Webull, Coinbase) | Maryland Daily Record · Yogonet |
| May 7, 2026 | Other | Fourth Circuit hears Kalshi's appeal of the denial of its preliminary injunction. (Kalshi) | Covers timeline · Fourth Circuit May 2026 calendar primary |
| Apr 7, 2025 | Cease and desist | Maryland Lottery and Gaming Control Agency letters. (Kalshi, Robinhood, Crypto.com) | Covers |
Cases involving Maryland
Select a case for its full history and sources, or see the legal tracker.
| Case | Status | Last action | Sources |
|---|---|---|---|
| Kalshi v. Maryland U.S. Court of Appeals for the Fourth Circuit; U.S. District Court for the District of Maryland | Pending — argued May 7, 2026 | Sep 9, 2026 Parties filed Rule 28(j) letters addressing the Ninth Circuit's Assad decision. | D. Md. order denying PI (PDF) primary · D. Md. docket (CourtListener) primary · Fourth Circuit docket No. 25-1892 (CourtListener) primary · Fourth Circuit May 2026 argument calendar (PDF) primary · News: InGame (Fourth Circuit argument) · News: InGame (Maryland enforcement standstill) · Tracker: DeFi Rate prediction-market legal tracker |
Prediction markets in Maryland: questions
Are prediction markets legal in Maryland?
In court. Maryland's regulator ordered operators to stop in April 2025 and won in district court. Kalshi's Fourth Circuit appeal was argued in May 2026 and is pending, and Baltimore filed its own suits in Aug 2026. Exchanges registered with the CFTC, including Kalshi, say federal law lets them offer event contracts in every state; that question is being fought in court. This summarizes public actions and is not legal advice.
What is the latest prediction market action in Maryland?
Aug 13, 2026: City of Baltimore sues under its consumer protection ordinance, also naming Robinhood, Webull and Coinbase.
Is there a lawsuit over prediction markets in Maryland?
Yes. Kalshi v. Maryland (U.S. Court of Appeals for the Fourth Circuit; U.S. District Court for the District of Maryland): Pending — argued May 7, 2026.
This page reports court, regulator and legislative actions with links to the filings and coverage. It is not legal advice. The tracker is re-checked every Monday and Thursday. All states · Legal tracker