by Brett Crown | Mar 20, 2023 3:37 pm | Sports Betting
Three Texas sports betting bills will be discussed by the House State Affairs Committee on Wednesday. The meeting will discuss regulating sports betting, racetracks, casinos, and establishing the Texas Lottery Commission as the governing body of it all. AUSTIN, Texas...
by Jeremias Di Vico | Mar 8, 2023 8:58 am | Revenue
Between 2018 and 2023, U.S. sportsbooks have taken in over $200 billion in bets. New Jersey, Nevada, and Illinois are among the top contributors, thanks in part to their early legalization. Sportsbooks have only held onto less than 5% of revenue in only Kansas and...
by Zachary Kelley | Mar 2, 2023 5:04 pm | Sports Betting
Legal sports betting bills SB 715 and SJR 39 have been read and referred to State Affairs. Both bills would regulate sports betting in Texas through a constitutional amendment. 69% of Texans support the legalization of online and in-person sports betting. DALLAS –...
by Jeremias Di Vico | Mar 1, 2023 10:57 am | Legal
Sports betting bills are gaining traction in Georgia, Minnesota, Missouri, Kentucky, and even Texas. New York and Massachusetts are each deliberating restrictions on advertisements and affiliate marketing, respectively. WASHINGTON – This week in sports betting saw a...
by Jeremias Di Vico | Feb 16, 2023 2:55 pm | Sports Betting
Bipartisan support for a new sports betting legalization bill is a significant development. 19 members in the Texas Sports Betting Alliance have supported the legalization movement. Imposed tax rates have varied between bills from around 6.25%-10%. DALLAS – SB 715 has...
