Louisiana Wins Order Against 10 Prediction Market Firms

Louisiana has secured a temporary restraining order against 10 prediction market and trading companies after Attorney General Liz Murrill filed a state lawsuit accusing them of offering illegal gambling products. The case was filed in the 21st Judicial District Court in Tangipahoa Parish. Murrill sought immediate relief, and the judge granted a 10-day order the same day. The restriction covers sports event contracts as well as markets involving elections and awards.