Is Polymarket legal in New York?
Last updated · how we verify
Yes — Polymarket US operates in New York under its federal CFTC designation, and New York has not taken public action against prediction markets. Polymarket US is the CFTC-regulated venue Americans use; the international exchange blocks US IP addresses entirely.
Status: No state action reported · Regulator: New York State Gaming Commission · Verified 17 August 2026
What New York has done
Nothing publicly, so far. New York is not among the 7 states in active litigation with prediction-market operators, and the New York State Gaming Commission has not issued a publicly reported cease-and-desist.
New York is the largest licensed online sports betting market in the country by revenue. It has been publicly attentive to prediction markets but is not among the states in active litigation.
The federal picture, briefly
Polymarket US lists event contracts on QCX LLC, a CFTC-designated contract market (DCM) with affiliated derivatives clearing organization (DCO). Polymarket acquired that licence by buying QCEX for $112 million in July 2025, reopened to US traders on 2 December 2025, and removed the iOS waitlist on 12 May 2026.
Operators and the CFTC argue the Commodity Exchange Act gives the CFTC exclusive jurisdiction over federally designated contract markets, pre-empting state gambling statutes. Several district courts have accepted that argument at the preliminary-injunction stage. No final appellate resolution as of August 2026.
Roughly roughly 43 of 50 states currently offer full-menu access to CFTC-regulated prediction markets.
Why this matters in New York
New York has legal online sportsbooks. Because the state already collects tax from licensed operators, it has a direct financial interest in how event contracts are treated — which is a large part of why the licensed-market states have been the most active on this issue.
Sports-betting status is included as background only. It is not legal advice, it changes, and it does not determine whether Polymarket US is available to you. Confirm with the New York State Gaming Commission and inside the app.
How access actually works
Two different venues, and the distinction matters more than anything else on this page:
- Polymarket US — the CFTC-regulated exchange. This is what US residents use. Available — no waitlist on iOS; Android is still rolling out behind a waitlist; there is no full web platform for US users yet. See app availability.
- The international exchange — non-custodial, settles in USDC on Polygon, and blocks US IP addresses. It is not an option from inside New York, with or without a workaround, and attempting one breaches its terms.
Not available to US residents — the international exchange geoblocks US IP addresses.
You appear to be in the US. Polymarket’s international exchange blocks US IP addresses — use Polymarket US, the CFTC-regulated exchange, instead. See what’s available in your state.
New York questions
Can I use Polymarket in New York right now?
Polymarket US operates nationally under its CFTC designation, so it is generally available in New York. No state action has been reported. The international Polymarket exchange is a separate venue and blocks US IP addresses entirely.
Is trading on Polymarket a crime in New York?
We are not aware of any New York law that makes placing a trade on a CFTC-regulated event contract a criminal offence for an individual. State enforcement in this area has been aimed at operators, not customers. This is not legal advice; if the stakes matter to you, take advice locally.
Which regulator oversees this in New York?
Gambling in New York is overseen by the New York State Gaming Commission. Polymarket US, however, is regulated federally by the CFTC as a designated contract market — which is the source of the entire dispute: two regulators, two different classifications of the same product.
What are the alternatives in New York?
Kalshi is the other main CFTC-regulated venue and faces the same state-by-state disputes. PredictIt operates with a much narrower political-only market list. New York's licensed sportsbooks are regulated as gambling rather than as derivatives, which is a different legal product with different tax treatment. See our comparison of the alternatives.
Check another state
Polymarket in Vermont
No state action reported. Regulator: Vermont Department of Liquor and Lottery.
Polymarket in Virginia
No state action reported. Regulator: Virginia Lottery.
Polymarket in Washington
No state action reported. Regulator: Washington State Gambling Commission.
Polymarket in West Virginia
No state action reported. Regulator: West Virginia Lottery Commission.