Connecticut Department of Consumer Protection, Gaming Division
Connecticut cease-and-desist orders to Kalshi, Robinhood and Crypto.com
3 orders, one to each company
Dated
Cease-and-desist letterStop immediately; let residents withdraw funds
Cite this page
Bluebook
Connecticut Cease-and-Desist Orders to Kalshi, Robinhood and Crypto.com (Dec. 2, 2025), Prediction Market Laws (last updated Nov. 7, 2026), https://predictionmarketlaws.com/documents/ct-dcp-cease-and-desist-orders-2025.
APA
Prediction Market Laws. (2026, November 7). Connecticut Cease-and-Desist Orders to Kalshi, Robinhood and Crypto.com (Dec. 2, 2025). https://predictionmarketlaws.com/documents/ct-dcp-cease-and-desist-orders-2025
Connecticut's gaming regulator ordered the three platforms to stop offering sports event contracts, or any other unlicensed online gambling, to Connecticut residents immediately, and to let residents withdraw the money the platforms held for them. The orders treat the contracts as unlicensed online sports wagering and professional gambling, and as void wagering contracts under state law.
What the letters say
- The demand. Immediately stop advertising, offering, promoting or otherwise making available the contracts, or any other unlicensed online gambling, to Connecticut residents, and allow residents to withdraw their funds.
- The findings. Unlicensed gambling and professional gambling (Conn. Gen. Stat. §§ 53-278b and 53-278d), no online gaming operator's license (§ 12-857), and no applicable exception (§ 53-278g).
- Even if licensed. The orders say the contracts allow wagers by people under 21 and on Connecticut college teams (§§ 12-863(a)(1) and 12-850(30)), and that they are void under § 52-553.
- The warning. Civil penalties under the Connecticut Unfair Trade Practices Act and criminal penalties under the gambling statutes.
What happened next
Kalshi sued Connecticut officials the next day. Judge Vernon D. Oliver denied its motion for a preliminary injunction in August 2026, and Kalshi's appeal is at the Second Circuit. In September 2026 the department ordered nine more platforms to stop and issued about 30 subpoenas.
Where it fits in the case
Kalshi v. Connecticut (D. Conn.)U.S. District Court for the District of Connecticut, 3:25-cv-02016
- Complaint filed (cease-and-desist letter dated Dec. 2, 2025).
- Stipulated order: no enforcement while the PI motion is pending.
- PI hearing.
- PI denial signed (entered Aug. 10, 2026).
- Appeal docketed (No. 26-2239).
Read and cite it
Cite the letters
Cease and Desist Letter to KalshiEX LLC, Conn. Dep't of Consumer Prot. Case No. 2025-77 (Dec. 2, 2025).
Cite this summary
Prediction Market Laws, Connecticut cease-and-desist orders to Kalshi, Robinhood and Crypto.com (read Nov. 7, 2026), https://predictionmarketlaws.com/documents/ct-dcp-cease-and-desist-orders-2025.