Kalshi DCM / Kalshi CFTC 42993 — Kalshi is a CFTC designated contract market, Industry Filings DCM 42993, Organization Kalshi, Status Designated, Date 2020-11-03. Associated documents name KalshiEX LLC. That is a derivatives designation, not a casino licence. Title stays Kalshi — Operator — Weekly iGaming. Path /encyclopedia/operators/kalshi only. Company number not printed on CFTC this fetch. Designation has no end To date this fetch. Remarks: 17 January 2025 amendment to permit intermediated futures trading. PR 8302-20 (this pack): KalshiEX LLC in San Francisco, CA / Delaware — quote as PR, not as a DCM-card field. Event contracts on a DCM are not a house-book casino. Premises: none on this CFTC DCM filing this fetch. Never /casinos/kalshi. Empty offers stay empty.
What it is
Event contracts (yes/no, typically quoted $0–$100) matched between participants on a CFTC DCM. That is not a house book in the casino sense. Fiat rails. Classification: prediction / event contracts. Consumer domain not printed on this CFTC DCM filing this fetch. No White Label in the UKGC sense. Path is encyclopedia operator, not /casinos/kalshi.
Chance, a prize of value, and who operates can still be a state gambling question. Federal designation is the fact we have. See crypto games vs gambling. This page is not legal advice and not a state-availability map. Do not write “legal in all US states.”
Who operates it
Legal name: KalshiEX LLC. Filing organization line: Kalshi. Associated documents on the same DCM page name KalshiEX LLC (including KalshiEX LLC Designation Order and Exhibit G-1 - KalshiEX LLC - DE Certificate of Formation). The DE Certificate of Formation string is a document title, not a company number. One DCM person.
Head office / city not printed on the CFTC DCM filing this fetch. PR 8302-20 (quote as PR, not as a DCM-card field): KalshiEX is a limited liability company located in San Francisco, CA and is formed under Delaware state law. Organizations/42993 was 404 this fetch — no org-page facts invented from that 404.
Operator encyclopedia only. Never /casinos/kalshi. Company number not printed on CFTC filings this fetch. Do not substitute DCM 42993 as a company number. NFA string absent this fetch — none invented. No UKGC. No MGA. Not JONUM. Do not invent any. Premises: none on this CFTC DCM filing this fetch. On-account TNs/hosts: no UKGC TNs. One DCM filing, one product. No casino page.
Not this person: Exhibit G-4 / G-5 Kalshi Inc. certificates are associated-document titles — Kalshi Inc. is not this page. Do not collapse Kalshi Inc. into KalshiEX LLC.
Not this page: QCX DCM 49571 is a different designated contract market. Do not merge 42993 and 49571.
The instrument
Instrument: CFTC Industry Filings Designated Contract Markets (DCM) : 42993. Live fields: Organization: Kalshi · Status: Designated · Date: 2020-11-03 00:00:00. PR 8302-20: Order of Designation to KalshiEX LLC, granting it status as a designated contract market (DCM) under Section 5 CEA / Regulation 38.3(a). That is a derivatives/exchange designation, never a casino licence. Strings casino / licence / license absent on the DCM HTML. No casino Active/To. No end To date on the designation this fetch.
Later change: Remarks printed: “On January 17, 2025, the Commission granted Kalshis petition to modify its Order of Designation to permit intermediated futures trading.” Associated document Kalshi Amended Order of Designation. Amended-order PDF this pack: Original Order 3 November 2020 designating KalshiEX LLC (“Kalshi”) as a contract market; Original Order superseded; issued 17 January 2025; the Original Order’s Subject Provision (Kalshi “may not permit any futures commission merchant to intermediate any transactions… unless the Kalshi Order of Designation has been amended”) has been removed. Not a UKGC sanction tab. Do not invent a casino enforcement row. Do not dump JONUM onto Kalshi.
This is derivatives/exchange designation, not a state gambling licence and not an MGA or UKGC casino licence. Do not write “legal in all US states.”
First-party sources:
- CFTC PR 8302-20
- CFTC Industry Filings, DCM 42993
- Amended order listing: orgdcmkexkalshiamord250117.pdf
What we are not saying
Not a licensed casino. Not /casinos/kalshi. Not Kalshi Inc. Not QCX 49571. Not a legal sportsbook. Not “legal in all US states.” Not an invented NFA ID. Not an invented company number. Not a state-availability map. Not JONUM. No ranking. No play-now.
How this page was reported
Last updated 3 September 2026. Built from CFTC Industry Filings DCM 42993 (Organization Kalshi, Status Designated, Date 2020-11-03; associated documents KalshiEX LLC; company number not printed; Organizations/42993 404), PR 8302-20 (KalshiEX LLC in San Francisco, CA / Delaware — quote as PR), and the amended-order PDF (Original Order 3 November 2020 superseded; FCM Subject Provision removed; issued 17 January 2025), re-fetched 3 September 2026. Not legal advice.
Also in the encyclopedia
Operators — Sorare, Kalshi, Polymarket US. Sorare · Polymarket US. Casinos.
Future offer (empty)
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