⚖️ Texas hearing sharpens prediction market row

Texas lawmakers heard sharply opposing views on prediction markets, with the American Gaming Association urging the state to take legal action, while Kalshi warned that tighter restrictions could push users towards offshore options. 📊⚖️ The clash matters well beyond Texas. It highlights a bigger industry question: how states draw the line between regulated betting, emerging market models and consumer protection. For operators, the outcome could shape future compliance strategy across the US. 🇺🇸 Source: iGaming Business 🌐 Source: iGaming Business