Louisiana court bars 10 prediction-market platforms from event contracts
A Louisiana judge issued a temporary restraining order against 10 prediction-market operators accused by Attorney General Liz Murrill of breaching state gambling laws. The order bars them from offering a broad range of event contracts, requires geofencing and expires after 10 days unless extended; a preliminary-injunction hearing is scheduled for 30 November.
The order immediately restricts prediction-market access and could test whether state gambling laws apply to federally supervised event contracts.