Volume Race

States / Rhode Island

Legal status · as of Oct 15, 2026

Are prediction markets legal in Rhode Island?

In court

Rhode Island's attorney general sued Kalshi and Polymarket in May 2026, and the CFTC sued the state a week later.

State actions

Regulator orders, lawsuits, rulings and laws, newest first.

DateActionWhat happenedSources
May 28, 2026LawsuitCFTC sues Rhode Island.CFTC Release 9238-26 primary
May 21, 2026LawsuitAG Peter Neronha sues in Superior Court for an injunction, restitution and disgorgement. (Kalshi, Polymarket)Rhode Island AG primary

Cases involving Rhode Island

Select a case for its full history and sources, or see the legal tracker.

CaseStatusLast actionSources
Kalshi v. Rhode Island
U.S. District Court for the District of Rhode Island		Pending; CFTC intervenedMay 28, 2026
CFTC moved to intervene in Kalshi's federal suit.		CFTC press release 9238-26 (Rhode Island) primary · Cert petition (PDF), No. 26-338 primary · Cert petition (PDF), No. 26-299 primary · News: XCLSV Kalshi lawsuit tracker · Tracker: Mick Bransfield prediction-market litigation tracker

Prediction markets in Rhode Island: questions

Are prediction markets legal in Rhode Island?

In court. Rhode Island's attorney general sued Kalshi and Polymarket in May 2026, and the CFTC sued the state a week later. 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 Rhode Island?

May 28, 2026: CFTC sues Rhode Island.

Is there a lawsuit over prediction markets in Rhode Island?

Yes. Kalshi v. Rhode Island (U.S. District Court for the District of Rhode Island): Pending; CFTC intervened.

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