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About 40 King
Convened by Texas State Senator Bryan Hughes, the hearing in the Senate Committee on State Affairs examined the relationship between federally regulated derivatives markets and state-prohibited gambling. Research from Eilers & Krejcik Gaming in April found that 43% of activity from sports event contracts came from two states, Texas and California. A separate breakout of Texas activity alone is not publicly available.
At Tuesday’s hearing, AGA Vice President Tres York testified before the committee alongside Robert DeNault, head of enforcement and legal counsel at Kalshi. The AGA, one of the nation’s most strident critics of prediction markets, argued that an event contract on the Cowboys to beat the Giants does not differ fundamentally from the same wager placed at a sportsbook.
As with California, sports wagering is illegal in Texas. Greg Abbott, a three-term governor, is up for re-election in November, along with Dan Patrick, his lieutenant governor. Patrick, who vehemently opposes sports betting, also serves as president of the Texas Senate in his current role. Several attempts to legalise sports wagering since the 2018 PASPA decision have been foiled under Patrick’s leadership.
About 40 King
The release carries the studio’s familiar configuration approach. Duck Hunters 2 launches with a 96.00% RTP configuration as its highest available setting, alongside alternative versions with RTP levels of 94.05% and 92.01%. The game carries an extreme volatility rating and allows bets ranging from €0.20 to €100 per spin.
The reason Duck Hunters 2 is worth flagging as news is what its format says about where the wider market has landed. Position-multiplier math, in which individual grid cells accumulate multipliers across cascading wins, has become one of the most widely adopted mechanical families in modern slot design.
Nolimit City’s version keeps that model recognizable. As in the original game, winning symbols disappear from the grid and trigger cascading reactions. The distinguishing choice is the ceiling the studio has set for those cells.
What is 40 King?
He argues that some lawyers and licensees believe the Commission’s presentation of cases is detached from the operational reality but feel they have little option other than to accept the “regulator’s truth” when settling.
“The Commission’s approach to reporting may well create the inaccurate impression that the industry is inherently non-compliant,” he adds. A more balanced account might place failures alongside the majority of licensees that pass assessments or lead on customer wellbeing, although Waugh considers such a shift unlikely.
The “too easy to get a licence” argument doesn’t necessarily hold up to scrutiny, to be fair. Andrew Bentley, co-founder and CEO of regulatory technology startup LiSense, is one who rejects the suggestion.