Montana Department of Justice, Gambling Control Division
Montana Gambling Control Division cease-and-desist letter to Kalshi
Dated
Cease-and-desist letterNo deadline set
Cite this page
Bluebook
Montana's Cease-and-Desist Letter to Kalshi (March 26, 2025), Prediction Market Laws (last updated Nov. 7, 2026), https://predictionmarketlaws.com/documents/mt-gambling-control-kalshi-cease-and-desist-2025.
APA
Prediction Market Laws. (2026, November 7). Montana's Cease-and-Desist Letter to Kalshi (March 26, 2025). https://predictionmarketlaws.com/documents/mt-gambling-control-kalshi-cease-and-desist-2025
Montana's gambling regulator told Kalshi to stop what it called illegal gambling in the state, citing Montana's gambling and sports-wagering laws, and warned that refusal would lead to legal action and possible referral for prosecution. The letter asked for voluntary compliance and set no deadline.
What the letter says
- The demand. Cease and desist illegal gambling activity within Montana.
- The law cited. MCA §§ 23-5-112, 23-5-113, 23-5-136, 23-5-152, 23-5-154, 23-5-157 and 23-7-103, and Montana administrative rules 23.16.3001 and 23.16.3002.
- The warning. Refusal would result in legal action against KalshiEX, and the Division may refer illegal gambling for prosecution.
What happened next
According to Kalshi's later complaint, the Division agreed in writing in April 2025 not to enforce while Kalshi's Nevada injunction stood. After that injunction was dissolved, the Division sent a second letter on April 6, 2026. Kalshi sued six days later, and the case was dismissed by stipulation on Sept. 21, 2026.
Where it fits in the case
Kalshi v. Montana (D. Mont.)U.S. District Court for the District of Montana, 6:26-cv-00028
- Complaint filed.
- Case deadlines stayed on the parties' stipulated motion while they negotiate.
- Case reassigned to Judge Donald W. Molloy.
- Joint stipulation of dismissal filed (date inferred from DeFi Rate's Sept. 18, 2026 report of a Thursday filing).
- Order dismissing the case by stipulation.
Read and cite it
Cite the letter
Letter from Jeremy S. Craft, Chief Legal Counsel, Mont. Gambling Control Div., to KalshiEX, LLC (Mar. 26, 2025).
Cite this summary
Prediction Market Laws, Montana Gambling Control Division cease-and-desist letter to Kalshi (read Nov. 7, 2026), https://predictionmarketlaws.com/documents/mt-gambling-control-kalshi-cease-and-desist-2025.