Louisiana Sues Kalshi, Polymarket and Eight Other Prediction Markets
State files single civil case against 10 operators and seeks injunctions, restitution and penalties.
Key Takeaways
- Louisiana filed a civil lawsuit on 12 November 2026 against 10 prediction market operators, including Kalshi and Polymarket.
- The complaint was filed in the 21st Judicial District Court in Tangipahoa Parish and demands restitution, disgorgement of profits and civil penalties.
- Kalshi sued state officials on 23 October 2026 and filed an emergency request for a temporary restraining order and preliminary injunction on 12 November 2026 in federal court.
- Louisiana is the 13th state to pursue civil enforcement against prediction markets and the first to target ten companies in a single lawsuit.
Louisiana filed a civil lawsuit on November 12, 2026, against 10 prediction market operators, including Kalshi and Polymarket, seeking to stop event contracts tied to sports, elections, politics and awards and to obtain restitution, disgorgement of profits and civil penalties. The complaint was lodged in the 21st Judicial District Court in Tangipahoa Parish and names Robinhood, crypto.com, Coinbase, Novig, Underdog, Gemini Titan, ForecastEx and ProphetX alongside Kalshi and Polymarket.
The legal clash and parallel federal action
Kalshi has already moved in federal court. The company sued state officials on October 23, 2026, and filed an emergency request for a temporary restraining order and a preliminary injunction on November 12, 2026, arguing that federal commodities law gives the Commodity Futures Trading Commission authority over its event contracts. Louisiana, led by Attorney General Liz Murrill, treats the same contracts as gambling products subject to state regulation. The dispute now involves competing state and federal proceedings, with both sides seeking orders that could determine whether prediction market operators may continue serving Louisiana customers.
Scope of the state complaint and remedies sought
Attorney General Liz Murrill filed the complaint Thursday in Tangipahoa Parish and described the defendants as running “illegal online gambling operations.” The state is seeking an immediate restraining order and an injunction to halt the contracts while litigation continues. Beyond injunctive relief, Louisiana is demanding restitution, disgorgement of profits and civil penalties from the named companies.
Regulatory context and significance
Gaming attorney Daniel Wallach observed that Louisiana is the 13th state to pursue civil enforcement actions against prediction market companies, though it is the first to consolidate ten operators in a single lawsuit. Louisiana previously tightened online gambling rules when legislation banning dual-currency sweepstakes casinos took effect on August 1, 2026, and that law expanded enforcement powers, including the ability to seek court injunctions against prohibited online gambling activity.
“For too long, (prediction platforms) have violated our laws with impunity,” Attorney General Liz Murrill wrote on X on November 12, 2026, adding “No longer.”
The state lawsuit is the first instance of a single civil action listing this group of operators together; no court has yet ruled that the platforms violated Louisiana gambling laws. The competing federal claim rests on CFTC authority over event contracts, while Louisiana argues state gambling statutes apply. Relevant coverage of evolving oversight sits at regulation and the operational mechanics of prediction markets are followed in sports.
Frequently Asked Questions
Who did Louisiana sue in the prediction market case?
Louisiana sued 10 prediction market operators on November 12, 2026, naming Kalshi, Polymarket, Robinhood, crypto.com, Coinbase, Novig, Underdog, Gemini Titan, ForecastEx and ProphetX in a single complaint filed in the 21st Judicial District Court in Tangipahoa Parish.
What remedies is Louisiana seeking in the complaint?
The state is seeking an immediate restraining order and an injunction, plus restitution, disgorgement of profits and civil penalties from the named companies, according to the complaint filed by Attorney General Liz Murrill.
How has Kalshi responded to Louisiana's action?
Kalshi sued state officials on October 23, 2026, and on November 12, 2026 filed an emergency request in federal court for a temporary restraining order and a preliminary injunction, arguing that the Commodity Futures Trading Commission has authority over its event contracts.
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About the author
Tessa Coleman
Betting Markets Correspondent
Tessa Coleman covers betting products and markets — sportsbook launches, odds and trading technology, and the fast-growing prediction-market space from regulated exchanges to event contracts. The stories lead with the product or the ruling, name the operators and platforms precisely, and translate trading jargon into what bettors can actually do. When a book reworks its pricing or a prediction market wins a license fight, Tessa Coleman explains the mechanics and the stakes.
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