By PredictQ Team // Updated: July 2026
OG.com is legal in 48 states plus Washington, D.C. It operates under federal CFTC regulation through Crypto.com | Derivatives North America (CDNA), the same regulatory framework behind Kalshi and Polymarket. At the federal level, the answer is simple. At the state level, there’s a real fight going on over sports contracts specifically, and it determines what you can trade depending on where you’re standing.
Here’s the framework, the current state map, and the court battles that will decide how this looks a year from now.
The Federal Framework
OG runs on CDNA, which holds two CFTC registrations that matter: a Designated Contract Market (DCM) license authorizing it to list and trade event contracts under the Commodity Exchange Act, and a Derivatives Clearing Organization (DCO) license authorizing it to clear and settle those contracts itself. Every contract you trade on OG is a CFTC-regulated derivative, the strongest regulatory footing available to a U.S. prediction market. Kalshi uses the same structure; Polymarket re-entered the U.S. through it by acquiring QCEX.
State Availability as of July 2026
Three tiers. Everything including sports: 41 states plus D.C. Everything except sports: Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, and Ohio (crypto, politics, economics, culture, climate, financials, and companies markets still work). Nothing: Arizona and New York. The sports carve-outs exist because several state gaming regulators argue contracts on sporting events are unlicensed sports wagering; the platforms counter with federal preemption.
The Third Circuit Ruling
On April 6, 2026, the Third Circuit ruled 2-1 in Kalshi's case against New Jersey that sports event contracts on a CFTC-registered exchange are swaps under the Commodity Exchange Act and that federal law preempts state gambling enforcement. First federal appellate ruling on the question, and it went the industry's way. New Jersey can still seek rehearing or Supreme Court review, and OG still does not offer sports contracts in New Jersey as of July 2026, since each operator makes its own rollout calls.
The Rest of the 2026 Fight
The CFTC has sued nine states (Arizona, Connecticut, Illinois, New York, New Mexico, Minnesota, Rhode Island, Wisconsin, Kentucky) to defend its exclusive jurisdiction. A bipartisan coalition of 41 state attorneys general filed a formal comment urging the CFTC to confirm states keep authority over sports contracts. The CFTC opened a formal rulemaking published June 12, 2026, with comments closing July 27. And North Carolina signed SB 257 on July 7, 2026, formally recognizing the CFTC's federal authority, the first state to codify the industry's position.
Age, Taxes, and Margin
OG requires users to be 18+ in most states, enforced by geolocation at trade time. Event contract gains are generally treated as capital gains rather than gambling winnings. OG announced plans to be the first prediction market to offer margin trading through Crypto.com's licensed FCM, but as of July 2026 it hasn't launched.
Bottom Line
OG.com is legal, federally regulated, and available in 48 states plus D.C., with sports trading live in 41 of them. The unsettled part is the state-by-state sports fight, and 2026 has mostly gone the industry's way. The in-app eligibility check is the single source of truth for your state. If your state's on the map, sign up HERE.
Disclosures: PredictQ may receive compensation when readers sign up for platforms through links on this page. Information accurate as of July 2026. State availability varies and prediction market regulation continues to evolve rapidly. Trading event contracts involves substantial risk and is not appropriate for all participants. This content is for informational purposes only and does not constitute legal advice. Must be 18 or older. If you or someone you know has a gambling problem, call 1-800-GAMBLER.