Latest updates on Texas sports betting
Updated: Feb, 25, 2021
Just a few weeks into the new year and Rep. Harold Dutton has proposed a bill to legalize sports betting in Texas.
Texas Betting Laws Like all states in the U.S., Texas is beholden to federal law. Other states have seen rapid change since the Professional and Amateur Sports Protection Act (or PAPSA) was repealed to.
The online-only bill emerged with support from Gov. Greg Abbott as well as from owners of some of the state's professional teams. If passed, HB 1121 would make Texas the second state to introduce a regulated mobile-only industry, joining Tennessee.
The bill authorizes regulators to issue a maximum of five sports betting licenses at a time, which, considering the sheer size of Texas, would not be sufficient enough for the state to capitalize on a sports-crazed population. Another drawback surrounds the proposal's ban on accepting wagers on events involving Texas colleges and universities.
As written, the bill would also set a 6.25% tax rate on revenue, far less than what most other jurisdictions levy on regulated sports betting operators.
Ultimately, any change to Texas gambling laws requires a constitutional amendment. So a long road still awaits for this proposal, which awaits discussion in the House.
No, sports betting in Texas is not legal at this time.
- 1 day ago Texas proponents of expanding gambling have renewed or launched new efforts. Last month, The Dallas Morning News reported that the state's biggest sports teams, including the Dallas Cowboys, Texas Rangers and Dallas Mavericks, are mounting an effort to legalize sports betting in Texas.
- There are currently no laws within the Texas legislation that outright bans online sports betting. To date, no one has been arrested in Texas for betting on sports at international betting sites.
- Sports betting is not legal in the state of Texas unless you are using an offshore site. But currently, Texas has not legalized domestic sports betting, meaning you can't bet on a site like DraftKings or BetMGM.
- The two lawmakers assert that Texas stands to generate $1.8 billion over 10 years for funding of a range of State Government programs, infrastructure and services if sports betting becomes legal, and they.
Sports betting in Texas
In 2019, Rep. Eddie Lucio filed H 1275, a bill which would authorize and regulate sports wagering, including mobile and online betting. Passage, however, is considered a long shot. The state governor is opposed to legalized sports betting, as are many state politicians. A two-thirds majority would be required to pass the bill in the Texas legislature.
Online Betting In Texas
With numerous professional and college teams in a state of nearly 30 million people, the Lone Star State is a potentially large market for the sports betting industry. Indications are that Texas lags behind other states as a serious contender to add sports betting in some form or another.
Online sportsbooks in Texas
None.
Legal Betting Sites
Retail Sportsbooks in Texas
None.
Legal Betting Sites In Texas
The online-only bill emerged with support from Gov. Greg Abbott as well as from owners of some of the state's professional teams. If passed, HB 1121 would make Texas the second state to introduce a regulated mobile-only industry, joining Tennessee.
The bill authorizes regulators to issue a maximum of five sports betting licenses at a time, which, considering the sheer size of Texas, would not be sufficient enough for the state to capitalize on a sports-crazed population. Another drawback surrounds the proposal's ban on accepting wagers on events involving Texas colleges and universities.
As written, the bill would also set a 6.25% tax rate on revenue, far less than what most other jurisdictions levy on regulated sports betting operators.
Ultimately, any change to Texas gambling laws requires a constitutional amendment. So a long road still awaits for this proposal, which awaits discussion in the House.
No, sports betting in Texas is not legal at this time.
- 1 day ago Texas proponents of expanding gambling have renewed or launched new efforts. Last month, The Dallas Morning News reported that the state's biggest sports teams, including the Dallas Cowboys, Texas Rangers and Dallas Mavericks, are mounting an effort to legalize sports betting in Texas.
- There are currently no laws within the Texas legislation that outright bans online sports betting. To date, no one has been arrested in Texas for betting on sports at international betting sites.
- Sports betting is not legal in the state of Texas unless you are using an offshore site. But currently, Texas has not legalized domestic sports betting, meaning you can't bet on a site like DraftKings or BetMGM.
- The two lawmakers assert that Texas stands to generate $1.8 billion over 10 years for funding of a range of State Government programs, infrastructure and services if sports betting becomes legal, and they.
Sports betting in Texas
In 2019, Rep. Eddie Lucio filed H 1275, a bill which would authorize and regulate sports wagering, including mobile and online betting. Passage, however, is considered a long shot. The state governor is opposed to legalized sports betting, as are many state politicians. A two-thirds majority would be required to pass the bill in the Texas legislature.
Online Betting In Texas
With numerous professional and college teams in a state of nearly 30 million people, the Lone Star State is a potentially large market for the sports betting industry. Indications are that Texas lags behind other states as a serious contender to add sports betting in some form or another.
Online sportsbooks in Texas
None.
Legal Betting Sites
Retail Sportsbooks in Texas
None.
Legal Betting Sites In Texas
Legal Online Betting In Texas
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