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Louisiana Sues Kalshi, Robinhood and Other Prediction Markets

Louisiana Attorney General Liz Murrill said Thursday she filed a lawsuit against prediction-market platforms, escalating a dispute over state and federal regulatory jurisdiction.

KALSHI

Louisiana is the latest state to take on prediction market platforms, joining a growing legal battle between states and the federal government over who has jurisdiction to regulate the industry.On Thursday, Louisiana Attorney General Liz Murrill said she filed a lawsuit against platforms Kalshi, Ro…

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