Louisiana Wins Temporary Order Against Kalshi, Polymarket, 8 More Platforms

Louisiana sued a broad group of prediction market operators Thursday and secured a temporary restraining order hours later, escalating the jurisdictional fight from a threatened crackdown to a court-ordered restriction. Judge Jeffrey Johnson of the 21st Judicial District Court in Tangipahoa Parish temporarily barred the named companies from offering or facilitating covered event contracts for people in Louisiana without state gaming authorization. The order also requires geofencing and restricts representations that the products are lawful or licensed in the state.