Texas Attorney General Ken Paxton Avoids Legal Action Against Kalshi Following Campaign Donations
Texas Attorney General Ken Paxton, known for his strict stance on gambling laws, refrained from joining legal efforts by other state attorneys general to restrict the prediction market platform Kalshi. This decision followed a $5,000 donation to his political action committee in May 2025 and a $7,000 personal donation from Kalshi CEO Tarek Mansour in June 2025.
Summaries are written by AI from the original article. Not investment advice.