Illinois Gaming Board
Illinois Gaming Board cease-and-desist letters to Kalshi, Robinhood and Crypto.com
3 letters, one to each company
Dated
Cease-and-desist letterNo deadline set
Cite this page
Bluebook
Illinois Cease-and-Desist Letters to Kalshi, Robinhood and Crypto.com (April 1, 2025), Prediction Market Laws (last updated Nov. 7, 2026), https://predictionmarketlaws.com/documents/il-gaming-board-cease-and-desist-letters-2025.
APA
Prediction Market Laws. (2026, November 7). Illinois Cease-and-Desist Letters to Kalshi, Robinhood and Crypto.com (April 1, 2025). https://predictionmarketlaws.com/documents/il-gaming-board-cease-and-desist-letters-2025
On the same day the Illinois Gaming Board sent nearly identical letters to Kalshi, Robinhood and Crypto.com, directing each to stop what the Board called unlicensed sports wagering in Illinois. Each letter cites the Illinois Sports Wagering Act and the gambling section of the state criminal code and warns of civil or criminal penalties. None sets a deadline.
What the letters say
- The demand. Each company, and anyone affiliated with its operations, is “directed to cease and desist this illegal activity.”
- The law cited. The Sports Wagering Act (230 ILCS 45, including 45/25-10 and 45/25-20(a)), the Criminal Code's gambling offense (720 ILCS 5/28-1(a)), 230 ILCS 10/18(a)(1), 730 ILCS 5/5-4.5-55 and 11 Ill. Adm. Code 1900.1210(a).
- The warning. Failure to comply may bring civil or criminal penalties.
What happened next
Kalshi and Coinbase later sued Illinois, and the United States and the CFTC sued the state in April 2026. On Oct. 30, 2026 a federal judge entered a preliminary injunction barring enforcement of specified Illinois gambling laws against swaps, including sports event contracts, on CFTC-regulated exchanges. Illinois has appealed.
Where it fits in the case
Kalshi v. Illinois (N.D. Ill.)U.S. District Court for the Northern District of Illinois, 1:26-cv-07363
- Complaint filed.
- TRO/PI motion filed.
- State opposes the motion.
- Reply filed; case reassigned to Judge Pacold.
- Preliminary-injunction motions granted in part in the three related cases; proposed injunction due Oct. 29, 2026.
Read and cite it
Cite the letters
Letter from Marcus D. Fruchter, Adm'r, Ill. Gaming Bd., to KalshiEX LLC (Apr. 1, 2025).
Cite this summary
Prediction Market Laws, Illinois Gaming Board cease-and-desist letters to Kalshi, Robinhood and Crypto.com (read Nov. 7, 2026), https://predictionmarketlaws.com/documents/il-gaming-board-cease-and-desist-letters-2025.