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Prediction Markets in New York (NY)

Prediction market legality in New York (NY) — which platforms are available, legal status, and regulations. Updated April 2026.

Legal — No State Action

Legal Status

CFTC-regulated prediction markets operate freely. New York has legalized online sports betting.

Platform Availability in New York

5 of 5 major prediction market platforms are available in New York.

Platform Type Available
Kalshi CFTC-regulated exchange Yes
Polymarket CFTC (via QCEX) Yes
Robinhood Predictions SEC/FINRA brokerage Yes
DraftKings Predictions State gaming license Yes
FanDuel Predicts State gaming license Yes

What You Should Know

Full platform availability. New York is one of the largest online sports betting markets in the US. Multiple World Cup 2026 matches will be held in the New York/New Jersey area.

Our Recommendation for New York

Start with Kalshi — CFTC-regulated, available in all 50 states, and the safest legal foundation for prediction market trading.

Add DraftKings Predictions — licensed in New York with the widest sports market selection.

Sources

  • • CFTC DCM registry
  • • NY State Gaming Commission
  • • Platform terms of service (April 2026)
Legal Disclaimer: This page is for informational purposes only and does not constitute legal advice. Prediction market regulations change frequently. Always verify the current legal status with the platform directly and consult a licensed attorney for state-specific legal questions. Information is current as of April 2026.