Louisiana sues prediction market platforms including Kalshi, Polymarket, and Coinbase

Odaily Planet Daily News: Liz Murrill posted that Louisiana has filed a lawsuit in state court against Kalshi, Polymarket, and several platforms accused of being 'illegal online gambling operators,' seeking immediate injunctions and restraining orders. Defendants also include Robinhood, Coinbase, Gemini, and Crypto.com. The state alleges these platforms' event contracts violate local gambling and sports betting laws; previously, Kalshi and Polymarket had sued state officials in federal court.