Is Polymarket legal in New York?
Yes, but contested: all of Polymarket's event contracts face an open dispute in New York, with no restriction in force. The Attorney General and Governor sued Polymarket US (QCX LLC) in state court on September 24, 2026, seeking to bar its contracts on sports, elections and other events; the case was removed to federal court. Polymarket US sued New York the same day. No restriction is in force.
Updated Oct 2, 2026 · not legal advice
Reviewed by Vardan Khachatryan · Oct 2, 2026
The short answer
Yes, but contested: all of Polymarket's event contracts face an open dispute in New York, with no restriction in force.
James v. QCX LLC, No. 1:26-cv-08338 (S.D.N.Y.); QCX LLC v. James, No. 1:26-cv-08345 (S.D.N.Y.) – source
What you can trade from New York
Everything Polymarket lists nationally, including all event contracts: no restriction on them is in force in New York while the dispute continues. Other venues here: Kalshi (disputed), Robinhood (national position), DraftKings (not covered), FanDuel (not covered).
What New York's regulator has said
Change log
How this compares to New York sports betting
Where a state allows sports betting, sportsbooks are licensed and taxed by that state; an event contract on a federal exchange is neither, which is the whole dispute. The New York action concerns all of Polymarket's event contracts. Whether a state may enforce at all is the question the federal appeals courts have split on. New York is outside the Third, Sixth and Ninth Circuits, the three appeals courts that have ruled. The question is unresolved there. Litigation tracker
Common questions
Is Polymarket legal in New York?
Yes, but contested: all of Polymarket's event contracts face an open dispute in New York, with no restriction in force. The Attorney General and Governor sued Polymarket US (QCX LLC) in state court on September 24, 2026, seeking to bar its contracts on sports, elections and other events; the case was removed to federal court. Polymarket US sued New York the same day. No restriction is in force.
Can I still use Polymarket in New York for non-sports markets?
Yes for now. The New York dispute covers all event contracts, but no restriction is in force.
Is this legal advice?
No. It summarises public rulings and actions, each cited. For a decision that matters, ask a lawyer licensed in the state.