Beaumont · Day.News
05/04/2026
Texas Lt. Gov. Patrick Targets Prediction Market Gambling Loophole
Texas Lt. Gov. Dan Patrick is leading a charge to slam shut a federal loophole letting prediction markets thrive as online gambling in the Lone Star State. These platforms, booming since 2025, allow wagers on everything from Astros strikeouts to election winners, sparking fears of manipulated sports and votes. But the Trump-era CFTC is aggressively blocking states like Texas from stepping in.
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Read Section →Texas Lt. Gov. Patrick Targets Prediction Market Gambling Loophole
Texas Lt. Gov. Dan Patrick is leading a charge to slam shut a federal loophole letting prediction markets thrive as online gambling in the Lone Star State. These platforms, booming since 2025, allow wagers on everything from Astros strikeouts to election winners, sparking fears of manipulated sports and votes. But the Trump-era CFTC is aggressively blocking states like Texas from stepping in.
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