Kalshi Sues Louisiana, Fears State Will Block Sports Contracts

NEW ORLEANS – Kalshi is taking the initiative against Louisiana and Attorney General Liz Murrill. The prediction market operator filed a lawsuit in anticipation of the state banning Kalshi from offering sports-event contracts in the state. Kalshi seeks injunctions and a temporary restraining order to prevent the state from enforcing Louisiana gambling laws against their event contracts being banned across the country. Their pre-emptive lawsuit took note of public comments made by Louisiana Gaming Control Board (LGCB)members, court filings, and efforts to enforce action against prediction markets that display “clear intention to violate the Supremacy Clause.” The filing specifically cites…