TLDR A Louisiana judge temporarily barred 30 prediction market firms from offering event contracts in the state. The order runs until Nov. 22 and may be extended by the court. A preliminary injunction hearing is set for 9 a.m. on Nov. 30. Kalshi says federally regulated exchanges fall only under federal oversight. More than a dozen states, including Utah and Washington, have taken legal action against prediction markets.
People in Louisiana can no longer use Kalshi, Polymarket, Robinhood and other platforms to bet on event contracts, at least for now. A state judge issued a temporary order on Thursday that blocks 30 companies from offering the contracts to anyone in the state.
The order came only hours after Louisiana Attorney General Liz Murrill sued the firms. Her office claims the companies broke state gambling laws by taking wagers without a gaming license. It argues that event contracts are wagers, not federal financial products.
Breaking: Louisiana judge orders temporary restraining order prohibiting Kalshi, Polymarket, Coinbase, Robinhood, and other “prediction market” operators from continuing their unlicensed and unregulated illegal gambling in Louisiana.
It’s not complicated: if you aren’t a… pic.twitter.com/gzrQlN9CCL
— Attorney General Liz Murrill (@AGLizMurrill) November 12, 2026
State District Judge Jeffrey Johnson of Tangipahoa Parish signed the order shortly before 4 p.m. Central time. It runs until Nov. 22, though the court has the option to extend it.
A Fast Ruling With a Set Timeline
Johnson ruled without hearing arguments from the companies. He set a preliminary injunction hearing for 9 a.m. on Nov. 30, when both sides can make their case.
In his order, the judge wrote that the state’s petition showed the companies were allegedly violating a law against unauthorized online gambling. He also said the alleged conduct was causing immediate