Sports Betting Legal In Texas
Dutton’s sports betting-specific bills join a pair of vehicles that would legalize casinos. Joe Deshotel introduced a bill and joint resolution before the 2021 session began that would allow expanded casino gaming along the Texas Gulf Coast. Aside from casinos, a push to legalize sports betting in the state has gained attention, with several Dallas-area professional sports teams, including the Texas Rangers, Dallas Mavericks and Dallas. Sports betting is currently illegal in Texas. A sports betting bill was introduced in February of 2019 that could take effect on January 1, 2020. While sports betting is illegal, horse and dog racing are legal. The state lottery has been in existence since 1991. In an opinion issued in 2016, the Texas Attorney General stated that he believes paid daily sport fantasy leagues are considered illegal gambling under Texas law, while the 'traditional ' season-long fantasy leagues may be lawful in certain circumstances.
The Texas sports betting market would instantly become one of the most lucrative in the United States if it became legal.
Sports betting in Texas came under consideration during the 2021 legislative session. Multiple bills appeared that would create a legal sports betting market throughout the large state.
Read more about what the future of TX sports betting might look like:
Texas sports betting basics
Right now, it’s not legal to bet on sports in Texas. That could change in the near future though.
Texas legislators are joining the growing ranks of US states considering legalizing sports betting as states search for new revenue sources to bolster their budgets. Multiple bills are being considered in the state legislature in 2021.
That does not guarantee legal sports betting will come to Texas though. Political opposition could make it quite complicated for the Lone Star State to make it legal to wager on professional and college sports.
There is chatter as well that professional sports teams including the Dallas Cowboys and Texas Rangers could become partners with sportsbook operators. That would allow the teams to feature sports betting as part of their marketing, as well as possibly within their stadia.
When will online sports betting launch in Texas?
It’s essentially a given that sports betting in Texas will include some kind of online component.
Will Sports Betting Be Legal In Texas
There are no legal casinos in Texas, so there’s no built-in retail gaming network fit for sportsbooks. Texas does have a lottery but given the lobbying power and interest of the state’s professional teams it seems unlikely they’d be cut out at this point.
Should one of the 2021 proposals pass, there could be legal online sports betting in Texas by 2022.
Why Isn't Sports Betting Legal In Texas
Latest Texas sports betting news
Opinion: How Texas Interest In Sports Betting Grew Bigger In 2021
In mid-January, Legal Sports Report reported that according to multiple sources, sports betting might be on the legislative agenda in Texas. Lieutenant Governor Dan Patrick, however, says it is not happening. The legalization of TX sports betting would be something of a unicorn for the sports betting industry, much like California, Florida, and mobile betting in […] Read More- Insiders are saying Texas may not see a legal sports wagering industry in 2021.
- Revenue from a sports betting market in Texas has seen estimates of generating $150 million annually if the pastime were legalized.
- Should a bill pass in 2021, voters would see the subject on their ballots in November for a launch in 2022 if sportsbook legalization received the majority vote.
AUSTIN, Texas – The Lone Star State houses one of the largest sports markets in the nation, but that won’t seem to matter when it comes to Texas sports betting legalization.
Two sports wagering proposals have been filed with the Texas Legislature, one in the House and one in the Senate, that would make the pastime legal.
However, legalizing the gambling on sporting events in the Lone Star State requires a constitutional amendment that some lawmakers just don’t see happening any time soon.
What’s Being Said About A Texas Sports Gaming Industry
Lieutenant Governor Dan Patrick went on the radio with The Chad Hasty Show and spoke about the future of legal sports betting for Texas.
“I’ve never been in favor of it. Every year I say the same thing. Don’t talk about revenues. The teams and casinos trying to push sports betting say they could generate $150 million a year by their numbers. That’s a lot of money. But it pays for half a day of our yearly budget,” said Patrick. “People were fooled many years ago when they were told the lottery will pay for education. Well, the lottery pays for a couple of days of education. Our budget is $125 billion. So, if you want to pitch sports betting or casinos, talk about jobs, talk about tourism. Don’t talk about money because the members know better.”
Despite Patrick voicing his opinion on the outlook for sports gaming legalization, individual votes in the Senate are required to move either of the bills currently on the table forward.
There are 31 total votes in the Senate and any proposal would need 21 votes for residents in Texas to see sports wagering on their ballots in the Fall to weigh in on the subject and change the constitution to allow for sports gaming.
While there is opposition within the Legislature on the topic of gambling on sports, casinos and professional sports franchises and their stakeholders have spoken in favor of giving Texas a legalized sports wagering industry.
Proponents argue that Texans wager on sports every day with outside sources like offshore mobile sportsbooks. And although policymakers do not think there is enough potential revenue to consider an industry proposal, it would keep the consumer safe and provide revenue to Texas, even if it’s only enough to cover a “half a day” of the annual budget.
What’s Next For Texas?
Is Offshore Sports Betting Legal In Texas
Texas sports betting could be a very lucrative business if given the chance. The state is full of professional teams in various sports that have huge fanbases.
Governor Greg Abbott said he would not stand in the way of a legal sports wagering market for the Lone Star State if the people voted in favor of it.
The Texas Legislature adjourns on May 31. The two bills that have been filed have not yet received a time slot on the docket. But they have a few months to get their spot on the floor for consideration.
Online Sports Betting Legal In Texas
News tags: Dan Patrick Greg Abbott KFYO Radio Texas Texas Constitution Texas Legislature The Chad Hasty Show
When Is Sports Betting Legal In Texas
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.