Kalshi tells Louisiana users: state just banned your markets
Murrill’s lawsuit came after Kalshi sued her in federal court two weeks earlier.
The hit
Kalshi told Louisiana customers on Friday their government had cut them off, according to nola.com, even though users could still buy event contracts on the platform. The warning followed a temporary restraining order from a Tangipahoa Parish judge barring prediction market sites from operating in the state.
Why it matters
The order threatens Louisiana access to Kalshi, Polymarket & Robinhood’s event contracts, which let users place money on the outcome of specific events. Louisiana’s attorney general says the products are unlicensed gambling; the companies say they are federally regulated financial instruments. The clash tests whether states can override federal oversight of these markets.
The record
| Lawsuit filed | Thursday, by Attorney General Liz Murrill against Kalshi, Polymarket, Robinhood & others |
|---|---|
| Restraining order issued | Same day, by Judge Jeffrey Johnson of Tangipahoa Parish |
| Kalshi’s federal suit | Filed two weeks earlier against Murrill & other officials, arguing the state has no authority to regulate its service |
| Kalshi’s own restraining order request | Filed Thursday in that federal case; judge has not yet ruled |
What happens next
Watch for the federal judge’s ruling, which could clash directly with the state court’s order.
Sources: Kalshi responds to Louisiana ruling on prediction markets
Named in this story? Reply to newsdesk@infobets.com & we publish it.
18+. Betting involves risk. If gambling is a problem for you or someone close to you, help is available.
Work with BH Group. Paid ads that get iGaming & crypto brands players & users, in the GEOs you choose. Get a plan
Discussion
Ask a question, add useful context or share a source. Keep it relevant & respectful.
Add a comment
Comments are reviewed before publication.