CFTC sues Louisiana to block order shutting out prediction markets

Louisiana AG Calls Prediction Market Remarks ‘Flatly False’

Her Nov. 14 post did not name the person or specify the statement she disputed. The United States and CFTC filed suit over Louisiana’s event-contract restrictions a day earlier.

Louisiana AG Challenges CFTC Chief as Prediction Market Feud Escalates

Louisiana Attorney General Liz Murrill accused CFTC Chairman Michael Selig of making “flatly false statements” over prediction markets. Her comments followed a federal lawsuit seeking to prevent Louisiana from restricting platforms such as Kalshi. Murrill argued that states have regulated gambling for 250 years. However, Selig maintains that event contracts fall under federal oversight and […] Read The Full Article Louisiana AG Challenges CFTC C…

Louisiana Prediction Markets Face a Federal-State Showdown

Louisiana prediction markets are at the center of a federal-state legal fight after the CFTC sued to block a state court order restricting event-contract platforms. Louisiana Attorney General Liz Murrill also attacked CFTC Chair Michael Selig, calling him an “obsequious standard bearer” for prediction markets, The Block reported on November 14, 2026. Key Takeaways The CFTC challenged a Louisiana restraining order that blocks event-contract busin…

CFTC sues Louisiana to block order shutting out prediction markets

The lawsuit highlights the ongoing tension between federal and state authority over financial markets, potentially impacting regulatory frameworks.

Louisiana AG calls CFTC chair an ‘obsequious standard bearer’ for prediction markets following agency lawsuit

The CFTC sued Louisiana Friday to block a state judge's order banning 31 prediction markets, including Kalshi and Polymarket, in the state.