Published on: November 22, 2024, 05:01h.
Last updated on: November 22, 2024, 05:01h.
The recent news in the world of sports betting was Missouri voters approving this form of wagering. However, developments in other states, such as Texas, also deserve attention.
In the previous legislative session, there was significant momentum towards legalization of sports betting in Texas. However, a bill that made progress in the State House failed in the Senate. A similar fate may befall efforts in 2025 as Republicans, who control the Senate, may not support legalization due to the party’s opposition to gambling expansion.
Eilers & Krejcik Gaming (EKG) states, “Republicans now almost entirely comprise the needed Senate votes and may be deterred from backing legalization due to the Party’s stance against gambling expansion.”
The next legislative session in Texas is set to commence on Jan. 14, and at present, Senate Republicans do not seem inclined to prioritize sports betting.
Challenging Political Landscape for Texas Sports Betting
For sports betting to be legalized in Texas, the state’s constitution must be amended, requiring approval from two-thirds majorities in both the House and Senate before being presented to voters. While garnering support in the House is feasible, the Senate presents challenges due to the influence of Lt. Gov. Dan Patrick and the party’s near two-thirds majority.
EKG mentions, “The alternative path, in which Democrats supply up to 11 votes and thus need fewer Republicans, is also unlikely because Senate President Dan Patrick reportedly will not permit Democrats to help pass a bill in any significant way.”
Speculations about Patrick’s potential role in the Trump Administration did not materialize before Election Day. Even if it happens, it may not hasten the passage of sports betting legislation in Texas as his likely successors share similar viewpoints on gaming expansion.
Somewhat Diminished Prospects for Texas Sports Betting
Lack of approval for mobile sports betting in Texas translates to lost tax revenue of over $1 billion and the absence of approximately 8,000 new jobs. The outcome of the 2024 elections suggests a challenging road ahead for sports wagering proponents in the state.
Looking ahead, the focus was on the constitutional amendment in 2027, with hopes for introducing sports wagering before the 2028 football season, following the 2023 setback. The political climate in 2024 leaned favorably towards Republicans, further dampening hopes for immediate progress in Texas.