Lorcan Palaca 
The CFTC invoked Section 8a(9) emergency power Aug. 11 to keep Kalshi’s exchange operating nationwide. New York’s suit seeks at least $36 billion from Kalshi, an exchange whose publicly reported valuation is $22 billion. Texas is not among the nine states the CFTC has sued over event-contract enforcement. A Texas Senate committee is studying the … Read more
HOUSTON – Two of the last four World Series champions play in Texas, and this summer they are chasing October together. The Houston Astros and Texas Rangers are running side by side in the American League West, one of the tightest division races in baseball. The one thing neither team’s fans can do is legally … Read more
A Texas visitor won $1,896,388.88 on a $250 spin at Resorts World Las Vegas on Aug. 7. Texas Penal Code Chapter 47 makes it an offense to possess a gambling device to further gambling. The three tribes running gaming in Texas offer Class II electronic bingo, not slots or table games. Legal Texas gambling is … Read more
Two taxpayer groups sued Aug. 5 to void 2025 Wisconsin Act 247, the tribal-server model for mobile betting. Act 247 exempts a mobile wager from Wisconsin’s criminal code only if the server sits on tribal land. The third count calls the tribal-server requirement a racial classification barred by the 14th Amendment. Texas has never signed … Read more
Novig went live Aug. 4 in every state except Arizona, Michigan and Nevada, Texas included. Ludlow Exchange LLC, which Novig owns, won CFTC designation as a contract market on June 16. No Texas agency licenses Ludlow Exchange, reviews the contracts it lists or can switch it off. Texas Penal Code Section 47.02 makes a bet … Read more
AUSTIN – The most important number of the 2026 NFL season may not be a point spread. It is $36.8 billion, the amount a new industry analysis projects will change hands on prediction markets tied to pro football this year, a figure that would, for the first time, top what every legal sportsbook in America … Read more
Premier Winnings costs $100 and prints four top prizes of $10 million at odds of 1 in 2,250,000. The game’s prize table pays out about 80 cents of every dollar if all 9.2 million tickets sell. Overall odds of winning any prize are 1 in 3.49, and the smallest prize is $150. The game procedures … Read more
HOUSTON – The nurse who takes your blood pressure and the doctor who reads your chart may have helped pay for their training the same way a bettor plays an NFL Sunday. A new survey says a growing share of the country’s future healthcare workers are betting to pay for school, and Texas, with the … Read more
AUSTIN – Almost every conversation about gambling in Texas circles back to the Legislature and the next opening for lawmakers to approve casinos or sports betting when the session resumes in 2027. Yet the official with the most day-to-day sway over gambling before then will be chosen this fall, and the Texas attorney general race … Read more
AUSTIN – For roughly three weeks last winter, something Texas had shut off for over a decade quietly worked again: a resident could bet a horse race from a phone. Texas online horse betting came back in early February, when the advance-deposit operator TwinSpires reopened to bettors around the state. The window closed by month’s … Read more