Texas Sports Betting Prospects Dim After Election Results

Texas Sports Betting Prospects Dim After Election Results

By Michael Thompson

November 23, 2024 at 01:32 AM

Texas sports betting hopes faced a setback following recent election results, particularly with Republicans gaining an additional seat in the Texas State Senate. They now control 20 of 31 seats, up from 19 when a previous sports betting initiative failed in 2023.

Lt. Gov. Dan Patrick (R) remains in office, and with Republicans nearly holding all 21 Senate votes needed, legalization faces significant challenges. The Republican Party's platform explicitly opposes gambling expansion, as noted by Eilers & Krejcik Gaming (EKG).

Texas State Capitol panoramic view

Texas State Capitol panoramic view

Legalizing sports betting in Texas requires a constitutional amendment, which needs two-thirds majorities in both the House and Senate before reaching voters as a ballot question. While achieving this majority seems possible in the Republican-controlled House, the Senate presents a greater challenge.

The upcoming legislative session begins January 14, but current political dynamics make sports betting legislation unlikely to advance. Democrats have limited options, as Patrick reportedly won't allow them to significantly influence bill passage.

The impact on Texas is substantial, with the state potentially missing out on:

  • Over $1 billion in tax revenue
  • Approximately 8,000 new jobs

Industry experts now view 2027 as the earliest realistic opportunity for sports betting legislation, with implementation potentially occurring before the 2028 football season. The 2024 political climate has further strengthened Republican control in Texas, with President-elect Trump winning the state by a larger margin than in previous campaigns.

Even if Patrick transitions to a potential Trump Administration role, his likely successors share similar views on gaming expansion, suggesting no immediate change in the state's stance on sports betting.

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