Kalshi Sues Louisiana, Opening a Potential Fifth Circuit Fight

The exchange sued state officials Oct. 23, arguing that their public statements, regulatory actions and new gambling laws create an imminent threat to its event contract business. The complaint seeks to stop Louisiana from applying its gambling laws to products Kalshi says fall under exclusive federal regulation. Filed in the Western District of Louisiana , the case also opens a potential route to the Fifth Circuit Court of Appeals , another appellate venue in a national fight that has already produced conflicting decisions. The defendants include Attorney General Liz Murrill , Gov.