Professional activities groups within the Lone celebrity State have been around in a dive that is spiral a while. And hope for regulated Texas sports betting does not look much better for the future that is immediate
Despite most of the hope and rhetoric, unique would have to take place before any activities legislation that is wagering pass. First, the continuing state will have to amend its constitution to permit for the wagering on sports. At this time, there does not be seemingly sufficient support that is political make that happen.
Second, there are competing interests between sports teams and casinos… not to mention opposition from religious groups. Any attempt to legalize Texas sports betting will meet with a battle that is tough. Nevertheless, two bills that are separate regulate the activity were filed this year.
Supporters of legalized betting on sports say that the industry could bring in as much as $150 million a year. And while that may sound like a lot, it’s just a drop in the bucket in a state as big as Texas.
Perhaps the Lieutenant Governor, Dan Patrick, gave the most concise and statement that is realistic the problem as he stated, “People were tricked a long time ago once they had been told the lottery can pay for training. Well, the lottery will pay for a few days of training. Our spending plan is $125 billion. When you wish to pitch activities wagering or gambling enterprises, mention jobs, mention tourism. Don’t talk about cash…”
You can read more in regards to the likelihood of Texas activities wagering during the Legal Sports Report.