Is gambling allowed in Texas? No, but also, kind of

Is gambling allowed in Texas? No, but also, kind of

January 3, 2026 / Forbes LA /

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Is gambling allowed in Texas? No, but also, kind of
Prediction markets, which allow users to “trade” predictions as commodities, have started to rise in Texas despite the state’s strict laws against gambling, raising concerns about the psychological impacts of increased gambling opportunities.

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