44 states aligned in opposition to federal rules around prediction markets. Texas wasn't one of them.

https://www.yahoo.com/news/politics/articles/44-states-aligned-opposition-federal-110000913.html

AUSTIN – Texas has never been friendly to gambling, with casinos and online sports betting struggling to stake a claim in the state.

Now Lt. Gov. Dan Patrick wants lawmakers to close what he calls "gambling loopholes" that allow online prediction markets to offer wagers on everything from sporting events and political speeches to weather patterns and concert lineups.

The markets have caused an uproar nationwide: 44 state attorneys general signed a letter in July to the Trump administration saying apps like Kalshi and Polymarket offer a new form of casino gaming that states should have the authority to regulate.

Attorney General Ken Paxton was not among them. He hasn't said why.

31 points · 7 comments · view on lemmy.world

7 Comments

Zedstrian@sopuli.xyz · 6 pts · 8d (4 replies)

It's better to link to the original article than to a news portal like Yahoo.

reddig33@lemmy.world · 1 pts · 8d (3 replies)

Sometimes it is. Sometimes the original article is paywalled, and linking to yahoo or msn gets around that.

Zedstrian@sopuli.xyz · 4 pts · 8d (2 replies)

It also means that there's no way of knowing who the publisher is before clicking on the link, stopping users from filtering out publications they disagree with from their feed.

sqw@lemmy.sdf.org · 1 pts · 8d (1 reply)

maybe both is a good option, then...

Zedstrian@sopuli.xyz · 3 pts · 8d

Then the original link could be used as the main one, and a portal or archive link as the secondary for paywall bypassing.

Hominine@lemmy.world · 2 pts · 8d (1 reply)

Saw a sidewalk decal yesterday for the Houston Gamblers which is seemingly the "new" UFL football team hereabouts, and found myself disgusted at the name given the rise of sports betting over this past decade+.
Anyway, it seems rather obvious that Texas politicians want the public to piss their pay straight into the coffers of the wealthy.

daychilde@lemmy.world · 2 pts · 8d

Texas politicians want the public to piss their pay straight into the coffers of the wealthy.

Well, I mean, that is the Republican wet dream now for decades. heh