Louisiana restraining order against Kalshi and Polymarket: a state judge tells ten platforms to stop event contracts, with a hearing on November 30
The order was granted before the companies had a chance to argue their side, which is how temporary restraining orders usually work, and it is not a ruling on whether the state's claims are correct. UPI reports that it runs until November 22 unless the court extends it. The Advocate reported that Kalshi users in Louisiana could still buy event contracts as of 7 p.m. on Thursday; we have not seen later reporting on whether any platform has changed access. Our Kalshi legality tracker follows the status in every state.
What the market is pricing
No contract prices the outcome of this case, so the useful check is whether prices on the two biggest venues have come apart. The figures below are from the BetG8 Kalshi vs Polymarket odds tracker, comparing Kalshi with Polymarket, at its 10:43 UTC update on November 13, 2026. Gaps are Polymarket minus Kalshi, in points, as the tracker displays them.
| Measure or outcome | Polymarket | Kalshi | Gap |
|---|---|---|---|
| Shared outcomes priced on both venues | 93 | 0.9 average | |
| Outcomes with a gap of 3 points or more | 4 | n/a | |
| Fed, December 9 meeting: 25 bps increase | 88.5% | 88.5% | 0.0 |
| Victor Wembanyama, 2026-27 NBA MVP | 36.5% | 39.5% | -3.0 |
| J.D. Vance, 2028 Republican nominee | 31.4% | 35.5% | -4.0 |
When our desk read the tracker at 03:44 UTC, shortly after news of the order, the widest gap was on the Fed's December decision: 88.5% on Polymarket against 85.5% on Kalshi for a quarter-point increase. That gap has since closed to zero. The NBA MVP gap the desk noted on Thursday evening, 37.0% against 39.5%, is now 36.5% against 39.5%. Cross-venue pricing looks ordinary for a Friday morning.
What the state filed and what the judge ordered
Murrill's petition was filed in the 21st Judicial District Court. Covers and The Block list ten platforms: Kalshi, Polymarket, Robinhood, Crypto.com, Coinbase, Novig, Underdog, Gemini, ForecastEx and ProphetX. UPI counts 30 corporate entities as defendants, and WBRZ's list also includes North American Derivatives Exchange and IG Group. According to Covers, the state wants sports, political, election and awards contracts blocked in Louisiana, along with restitution, disgorgement and civil penalties. In a post on X, Murrill said the companies had violated state law with impunity and that an operator without a gaming license is not legal in Louisiana.
UPI reports that Johnson signed the order shortly before 4 p.m. local time, finding that the petition alleged violations of a state law against unauthorized online gambling and that the equities and public interest warranted immediate relief. The preliminary injunction hearing is set for 9 a.m. on November 30.
What the companies say, and the federal case
Kalshi sued Louisiana officials in the U.S. District Court for the Western District of Louisiana within the past month, arguing that the Commodity Exchange Act gives the CFTC exclusive jurisdiction over its event contracts. WBRZ reports that the defendants there include Gov. Jeff Landry, Murrill and members of the Louisiana Gaming Control Board. On Thursday Kalshi asked that court for a temporary restraining order and preliminary injunction, saying in its filing that it faces imminent criminal, administrative and forfeiture exposure, according to SportsBettingDime.
Jovy Dedaj, Kalshi's head of litigation, said the operation of federally regulated exchanges is the exclusive province of the federal government. A Robinhood spokesperson told The Block its event contracts are offered through a CFTC-registered entity. The Coalition for Prediction Markets called the suit an unlawful attempt to assert state authority over federally regulated markets, UPI reports.
What to watch next
Three dates and one docket. November 22 is when the order lapses unless extended, per UPI. November 30 is the injunction hearing in Tangipahoa Parish. The federal docket in the Western District could produce a ruling on Kalshi's emergency motion at any time, and a federal order in Kalshi's favor would put two courts in direct conflict. Separately, the Justice Department and the CFTC sued Arkansas on Thursday over that state's case against Kalshi.
Method and limits
We did not read the petition or the order. The judge, court, order and hearing date are each reported by at least two outlets among The Advocate, UPI, WBRZ, Covers and SportsBettingDime. The November 22 expiry comes from UPI alone. We could not confirm whether any platform had restricted Louisiana users as of 11:00 UTC on November 13. Prices are from the BetG8 tracker's 10:43 UTC update; the gap column is computed from unrounded prices, so it can differ by 0.1 from the rounded figures shown. Nothing here is legal advice or a forecast of how a court will rule.
LIVE MARKETHow many Fed rate cuts in 2026?Trade on Polymarket →Related
- Kalshi legality tracker: where every state stands
- Is Kalshi legal in Louisiana?
- The CFTC gave prediction markets 30 days to stop geofencing states
- Utah filed 14 criminal counts against Kalshi and its founders
- Kalshi vs Polymarket odds, live
Frequently asked questions
What does the Louisiana restraining order require?
It temporarily bars the defendants, including Kalshi, Polymarket and Robinhood, from facilitating event contracts for anyone located in Louisiana. UPI reports it runs until November 22, 2026, unless the court extends it. It is a temporary order, not a final ruling on the state's claims.
When is the next hearing in the Louisiana prediction markets case?
A hearing on the attorney general's request for a preliminary injunction is set for 9 a.m. on November 30, 2026, in the 21st Judicial District Court in Tangipahoa Parish.
Can people in Louisiana still use Kalshi or Polymarket?
The Advocate reported that Kalshi users in Louisiana could still buy event contracts as of 7 p.m. on Thursday, November 12. We could not confirm the status after that. Kalshi has asked a federal court for an order blocking state enforcement, and no ruling had been reported by the morning of November 13.
Sources
- The Advocate, Judge orders Kalshi, Polymarket, others to halt event contracts in Louisiana, AG Liz Murrill says
- UPI via Yahoo News, Judge temporarily bars prediction-market bets in Louisiana
- WBRZ, Louisiana judge blocks prediction markets, crypto platforms over AG's unlicensed betting claims
- Covers, Louisiana AG targets 10 prediction market platforms in lawsuit
- SportsBettingDime, Louisiana Attorney General files sweeping prediction market lawsuit
- The Block, Louisiana sues Kalshi, Robinhood and other prediction markets
- The Block, DOJ, CFTC sue Arkansas to block state enforcement action against Kalshi
- BetG8, Kalshi vs Polymarket odds tracker, 10:43 UTC update, November 13, 2026
18+ only. This page reports market prices and published facts; it is not betting, financial or legal advice, and prices are not predictions. If gambling stops being fun, help is available at 1-800-GAMBLER.