Louisiana sues Kalshi, Robinhood and other prediction markets in escalating regulatory fight

What happened: Louisiana sued Kalshi, Robinhood and other prediction market platforms, joining a legal battle between states and the federal government. Why it matters: Louisiana is the latest state to take on prediction market platforms, escalating a regulatory fight that now involves multiple states and federal authorities.

Louisiana sued Kalshi, Robinhood and other prediction market platforms, joining a legal battle between states and the federal government.

Louisiana is the latest state to take on prediction market platforms, escalating a regulatory fight that now involves multiple states and federal authorities.