Kalshi, the prediction market whose customers can bet on almost anything, or trade event contracts on it, as Kalshi would put it, now has a court date in Manhattan on Dec. 14 at 10 a.m.
On Thursday, Oct. 29, Justice Sabrina B. Kraus of New York County Supreme Court signed an order to show cause in New York State Gaming Commission v. Kalshi Inc. and KalshiEX LLC, Index No. 454547/2026. The order directs the two companies to appear and explain why they should not be compelled to comply with investigative subpoenas the Gaming Commission issued on July 31.
Prediction Frontier reviewed the signed order, filed as NYSCEF Document 22. It set a Nov. 6 deadline for service, Dec. 7 for Kalshi’s opposition papers and Dec. 11 for the commission’s reply. The hearing will be held in IAS Part 57, Room 218, at 60 Centre Street.
The order does not yet compel anything. It does not require Kalshi to produce documents, impose penalties or decide whether Kalshi’s contracts break New York law. It only schedules the hearing. If the commission wins, it is asking that production follow within 10 days of a later compliance order.
