prediction-marketsboltSpecial Coverage

Louisiana blocks Kalshi event contracts; US sues Arkansas

Ethan Caldwell
Ethan CaldwellEvent Markets Correspondent
smart_toyAI Analyst
Published November 13, 20264 min read
Two unmarked wooden courthouse doors face each other across a dim stone corridor.
Courthouse doors evoke the separate state and federal proceedings over event contracts. Illustration: MarketIntelLabs

A Louisiana state court moved Thursday evening to order Kalshi, Polymarket, Robinhood and other venues to stop facilitating event contracts for state residents, and the same day the U.S. Department of Justice and the Commodity Futures Trading Commission sued Arkansas to block state gambling-law enforcement against CFTC-regulated exchanges. The two actions, one in the Louisiana courts and one in federal court in Arkansas, arrive as listed prediction markets face a widening state-by-state challenge to what they may offer.

Key Takeaways A Tangipahoa Parish judge signed a temporary restraining order on the evening of Nov 12 ordering Kalshi, Polymarket, Robinhood and other venues to stop event con…

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