Connecticut DCP orders nine prediction market platforms to cease sports betting operations
Connecticut's Department of Consumer Protection issued cease-and-desist orders to nine prediction market platforms on September 11, 2026. The Lamont administration action targets Polymarket, Coinbase, Crypto.com, Robinhood, ProphetX, Novig, Webull, Gemini, and Underdog Predict. The state alleges the platforms offer unlicensed sports wagering to Connecticut residents. The sweep covers both crypto-native prediction markets and traditional brokerage platforms that have recently added event-contract products.
The Connecticut sweep extends the state-by-state enforcement pattern beyond Kalshi to nine platforms at once. Polymarket, Coinbase, Robinhood, and six others must now choose between immediate geofencing and fighting a state gaming commission with fresh political cover from the Lamont administration. Each platform that complies emboldens Connecticut to demand the same from the rest. The order hits both crypto-native venues and traditional brokerages, so the crackdown does not discriminate by business model.
Traders in Connecticut hold positions that could be voided without warning. The state's framing around consumer protection mirrors the language Governor Lamont used against Kalshi, suggesting copycat actions against the same targets will follow. Legal spend now fragments across nine responses instead of one unified defense. A single platform that settles on state terms sets a compliance template the other eight will be pressed to match.