Prediction Markets in California (CA)
Prediction market legality in California (CA) — which platforms are available, legal status, and regulations. Updated April 2026.
Legal Status
CFTC-regulated prediction markets operate freely. California has not taken formal action against prediction market operators despite being home to significant tech and financial industry interest in the space.
Live markets in California
- California Governor race (party) Xavier Becerra (D) 97%
- California Governor race Xavier Becerra (D) 97%
Kalshi prices, updated Oct 25, 11:25 AM ET. All live markets
Platform Availability in California
3 of 5 major prediction market platforms are available in California.
| Platform | Type | Available |
|---|---|---|
| Kalshi | CFTC-regulated exchange | Yes |
| Polymarket | CFTC (via QCEX) | Yes |
| Robinhood Predictions | SEC/FINRA brokerage | Yes |
| DraftKings Predictions | State gaming license | No |
| FanDuel Predicts | State gaming license | No |
What You Should Know
California has not legalized online sports betting. DraftKings and FanDuel event contracts are not available. Senator Schiff (D-CA) co-introduced the 'Prediction Markets Are Gambling Act' in March 2026.
Our Recommendation for California
Start with Kalshi — CFTC-regulated, available in all 50 states, and the safest legal foundation for prediction market trading.
Polymarket is also available in California and lists political and economic markets.
Sources
- • CFTC DCM registry
- • Platform terms of service (April 2026)
- • S. 4012 bill text