<div><img width="300" height="167" src="https://readwrite.com/wp-content/uploads/2026/09/kalshi-hearing-tests-texas-authority-300x167.webp" class="attachment-medium size-medium wp-post-image" alt="Abstract illustration of a Texas hearing weighing prediction markets against gambling regulation" style="width:100%;height:55.81%;max-width:1376px;margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://readwrite.com/wp-content/uploads/2026/09/kalshi-hearing-tests-texas-authority-300x167.webp 300w, https://readwrite.com/wp-content/uploads/2026/09/kalshi-hearing-tests-texas-authority-900x502.webp 900w, https://readwrite.com/wp-content/uploads/2026/09/kalshi-hearing-tests-texas-authority-260x145.webp 260w, https://readwrite.com/wp-content/uploads/2026/09/kalshi-hearing-tests-texas-authority.webp 1376w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>A Texas Senate hearing examined whether prediction markets such as Kalshi are financial exchanges or gambling platforms, and how far oversight can go.</p>
<p>The post <a href="https://readwrite.com/prediction-markets-texas-kalshi/">Kalshi Hearing Tests Texas Authority Over Prediction Markets</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>