# New Mexico **Domain:** United States jurisdiction / Event-contract litigation **Doc Type:** Developed Wiki Node **Maturity:** Developed **Collection:** [[collections/Gamification|Gamification Collection]] ## Definition **New Mexico** is a U.S. state whose 2026 attempt to apply state gaming law to Kalshi became a direct test of federal and state authority over sports-linked event contracts. The state characterized the activity as unlicensed online sports betting; the CFTC sued to protect claimed exclusive federal jurisdiction over registered contract markets. ## Significance The conflict makes classification operational: calling the same instrument a wager or a federally regulated derivative assigns it to different legal systems, regulators, and remedies. ## Sources - [[articles/gamification/Lex Sportiva and Winning Without Bloodshed|Lex Sportiva and Winning Without Bloodshed]] - [CFTC v. New Mexico announcement, June 12, 2026](https://www.cftc.gov/PressRoom/PressReleases/9251-26) ## Routes [[wiki/Commodity Exchange Act|Commodity Exchange Act]] · [[wiki/CFTC|CFTC]] · [[wiki/Kalshi|Kalshi]] · [[wiki/Event Contract|Event Contract]]