A Louisiana judge has ordered 31 entities tied to event contracts to geofence the state, putting state licensing limits at the center of a U.S. oversight dispute.
Judge Jeffrey Johnson signed the temporary restraining order. It requires the entities to use location controls that restrict access to their event-contract activity for people in Louisiana.
The order bars each entity from offering contracts to people in the state or helping facilitate them without a Louisiana license. The licensing condition applies to both activities.
Kalshi is one of the 31 entities; Polymarket U.S., Robinhood and Coinbase are also named. The geofencing requirement covers all 31, extending beyond Kalshi alone.
Louisiana’s action adds to state challenges over prediction-market oversight. Utah has also sued to block five types of Kalshi event contracts, as EconoTimes previously reported.
