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Louisiana attorney general obtains 10-day order against prediction market operators

Regulation

Louisiana Attorney General Liz Murrill said she filed suit against 10 prediction market companies and obtained a temporary restraining order. The order bars sports, election and awards contracts, wagering and advertising, and requires the companies to block Louisiana users; Murrill is also seeking an injunction. The Coalition for Prediction Markets and Kalshi challenged the state’s action.

The order restricts the named companies’ ability to offer and advertise event contracts to Louisiana users.

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Texas and Georgia attorney general wins may reopen prediction-market cases

Nathan Johnson claimed victory in Texas’s attorney general race, while Tanya Miller was reported to have won in Georgia, potentially changing enforcement prospects for prediction markets. Neither has announced plans to pursue Kalshi; legal expert Daniel Wallach said the results could bring state enforcement back into consideration.

Nathan Johnson, a Democrat, claimed victory in the Texas attorney general race, and Tanya Miller was reported as the Georgia winner and the state's first woman in the post. Their wins might change how prediction markets are policed, although neither has said they plan to go after Kalshi.

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