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Checked Oct. 21, 2026

SD ยท Checked Oct. 21, 2026

Prediction market law in South Dakota

No public action found

South Dakota has taken no direct action against prediction markets but has joined multistate amicus briefs opposing Kalshi.

No South Dakota lawsuit, cease-and-desist, or prediction-market bill was found. The attorney general's office has joined multistate amicus filings that dispute Kalshi's preemption argument, including the June 2026 Sixth Circuit brief supporting Ohio. Deadwood casino interests cited prediction markets in 2026 debate over a failed resolution to put statewide mobile sports betting on the ballot.

Timeline of state actions

  1. Other development, Kalshi

    South Dakota joined a 37-state coalition (36 states plus California) that filed an amicus brief in the Sixth Circuit supporting Ohio's enforcement position against Kalshi (date is the coalition announcement).

    Source: California Attorney General press release

Laws and bills

No enacted laws or pending bills specific to prediction markets found.

Court cases

No court cases involving South Dakota found.

Sources

  1. California Attorney General press release
  2. Sports betting status