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The Texas House on Thursday agreed to let voters decide whether to legalize sports betting in the state. ... filed could generate $175.7 million in general revenue for Texas by the end of August 2025.
Rep. Jeff Leach, a Plano Republican, laid out a bill that would let voters decide whether to legalize online sports betting, which got a few more votes than the casino measure, passing 97-44.
His efforts made little headway, and in protest, he proposed in 1969 to split the state in two, with horse betting legal in South Texas. [19] Nonbinding statewide referendums to revive parimutuel betting were defeated in 1962, [20] 1968, [21] 1974, [22] and 1978, [23] with opposition led largely by Baptist churches. [24]
As of September 2023, sportsbooks are legal in 38 states, the District of Columbia, and the territory of Puerto Rico, Online sports betting also legal in 30 states, Washington D.C. and Puerto Rico. The American Gaming Association reported a 2022 handle of $93.2 billion and a revenue of $7.5 billion in commercial sportsbooks. [26]
The 89th Texas Legislature is the next meeting of the legislative branch of the U.S. state of Texas, composed of the Texas Senate and the Texas House of Representatives. Its regular session is scheduled to meet from January 14, 2025, to June 2, 2025.
Texas is facing a tumultuous 2025, as simmering feuds within the state’s ruling coalition are poised to boil over during its coming legislative session. ... Workers who lack legal status put an ...
Beginning in roughly 1990, and continuing over the next three decades, the vast majority of greyhound tracks have closed due to declining betting revenue, encroachment by Native American gaming and commercial casino gambling into states with greyhound racing, the legalization of sports betting and concerns over the welfare of racing greyhounds. [4]
Beyond sports betting, 2024 was a monumental year for prediction markets and crypto. People spent millions of dollars betting on the election, despite the legal gray area around political gambling ...