State judge temporarily blocks prediction markets in Louisiana

Louisiana bettors with a varied taste for risk are out of luck for the time being after a Tangipahoa Parish judge issued a temporary injunction Thursday that blocks companies such as Kalshi, Polymarket and Robinhood from doing business in the state.

Attorney General Liz Murrill filed a complaint Thursday morning in Tangipahoa Parish against several prediction market companies, arguing they are not licensed to offer gambling in Louisiana.

“It’s not complicated: If you aren’t a licensed gaming operator, you aren’t legal,” Murrill said in a statement Friday. “… Kalshi’s and the other operators’ attempts to make up new words to evade state gambling laws, regulators and taxes are not fooling anyone.”…

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