Is Kalshi legal in New Mexico?

By Settled desk · Checked against 2 sources · NOT LEGAL ADVICE

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SHORT ANSWER

Contested. Kalshi publishes no state list that names New Mexico, and none of the sources we checked bars it there. New Mexico has acted against Kalshi: cFTC and DOJ sued New Mexico in D.N.M. (US v. New Mexico, 1:26-cv-01912), CFTC release 9251-26, a week after New Mexico sued KalshiEX in state court.

Kalshi and the alternatives in New Mexico

PLATFORMACCEPTSSPORTSSOURCE

KalshiNOT STATEDNOT STATEDnone found

PolymarketYESNOT STATEDapps.apple.com ↗

NovigYESYESsupport.novig.com ↗

RobinhoodNOT STATEDNOT STATEDnone found

What the law says

12 JUN 2026CFTC and DOJ sued New Mexico in D.N.M. (US v. New Mexico, 1:26-cv-01912), CFTC release 9251-26, a week after New Mexico sued KalshiEX in state court. cftc.gov ↗

4 JUN 2026New Mexico AG sued Kalshi in the First Judicial District Court, Santa Fe County, No. D-101-CV-2026-01567, per the CFTC complaint. cftc.gov ↗

Sources. 2 primary and court sources, each quoted on our side and read on 7 Oct 2026: cftc.gov (2). A cell marked not stated means no source we found says it either way.

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Where to trade from New Mexico

PARTNER LINKS

Polymarket

FEE AT 50¢: 1.5% to 3.5%

See the fees

Novig

FEE AT 50¢: 0% to 1.5%

See the fees

No partner links here: both go to our own fee pages.

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