Mahjong Club - Solitaire Game 4.7 star

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The old adage “Everything is Bigger in Texas” does not refer solely to the state’s massive geographic size, which, at 268,820 square miles, ranks as the second-largest state in the US behind Alaska.

Instead, the phrase embodies the ethos of the Lone Star State, where Texans demonstrate a sense of pride and identity that exemplifies the state’s outsized persona. As event contracts proliferate, the adage could be applied to prediction markets, where volume ranks among the highest in the nation. Last Sunday, for instance, trading activity for an NFL matchup between the Dallas Cowboys and the New York Giants topped $208 million across US markets, figures from Aldrin Research show. At Kalshi, volume for the NFC East showdown on Sunday Night Football eclipsed that of any NFL regular-season game last year.

The volume is not only seen across NFL markets, but also on those in college football, which is practically a religion in Texas. When Ohio State faced Texas in a Top 5 matchup on 12 September, volume surpassed 50.7 million contracts traded, according to Odds Shopper, a prediction market tracking site. The robust activity set the stage for an intense legislative hearing three days later in the Texas Senate.

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Lawmakers and regulators in Cyrpus have been debating methods to prevent recipients of the Guaranteed Minimum Income (GMI) from using state welfare payments for gambling. 

The GMI, know locally as EEE, is described as a “residual payment to guarantee and legal minimum income for all residents”.

Anyone residing in Cyprus, with income not high enough to support their basic needs, is eligible for the benefit.

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The decision is not yet legally binding, with a further opportunity to appeal the denial of ‘leave to appeal’ open to the applicants. This will be reviewed by the Federal Administrative Court of Leipzig.

In his original complaint, Braun also cited a study that found that nearly half of respondents were thinking of using illegal gambling services due to legal restrictions. 

In recent weeks, German authorities conducted a crackdown on an alleged illegal online gambling operation suspected of facilitating wagers totalling approximately €5.86 billion over a 30-month period.