Louisiana Judge Orders Sweeping Restraining Order Against Kalshi, Polymarket, Coinbase, and Other Prediction Market Operators
Key Highlights A Louisiana court has temporarily barred Kalshi, Polymarket, Coinbase, Robinhood and affiliated entities from offering prediction market contracts to state residents without a valid gaming license. The order prohibits the companies from operating, listing, accepting, settling, brokering or facilitating event contracts involving Louisiana residents. Covered activities include contracts tied to sports, elections, awards ...