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#Louisiana prediction markets

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Louisiana Judge Orders Sweeping Restraining Order Against Kalshi, Polymarket, Coinbase, and Other Prediction Market Operators
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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 ...

Louisiana Attorney General Sues Kalshi, Polymarket, Robinhood, Coinbase, and Gemini Over Prediction Markets
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Louisiana Attorney General Sues Kalshi, Polymarket, Robinhood, Coinbase, and Gemini Over Prediction Markets

Key Highlights Louisiana is seeking an immediate temporary restraining order and injunction against Kalshi, Polymarket, Robinhood, Coinbase, and Gemini. The state argues that the platformsโ€™ sports, awards, and election contracts constitute unauthorized gambling under Louisiana law. Kalshi and Polymarket maintain that the federal Commodity Exchange Act preempts Louisianaโ€™s gambling rules, leaving the dispute unresolved as ...