• Thu. Jun 1st, 2023

Texas Leaders Weigh Sports Betting Bills – NBC five Dallas-Fort Worth


Mar 24, 2023

If Texans want to gamble, they drive across state lines due to the fact it is illegal in the Lone Star State. Betting on sports on the web is also illegal, but that is not stopping thousands of Texans from carrying out it.

“Hundreds of thousands of Texans suitable now who are putting sports bets illegally, criminally suitable now, ought to be permitted to come out of the shadows,” mentioned State Rep. Jeff Leach, R-Plano, who authored a bill that would legalize and regulate on the web sports betting.

He spoke prior to the State Affairs Committee on Wednesday morning to speak about HB 1942 , a proposed bill to regulate sports wagering, and HJR 102, a proposal for a constitutional amendment to legalize sports betting in the state.

“The folks of Texas deserve a suitable to vote on this,” mentioned Leach who desires to see the topic on the ballot in November.

“We have an obligation and an chance suitable now to place a regulatory framework in location,” mentioned Leach about regulating sports wagering.

The proposed bill would need operators to get a license at the price of $500,000. Sports franchises would be in a position to apply and operate on the web sports bets.

“The Dallas Cowboys organization would appreciate to give our fans an chance to engage with our game in a new way by supplying fans a secure and accountable way to location wagers,” mentioned Jason Cohen, a legal counsel for the Dallas Cowboys, at the committee hearing.

The bill is acquiring some main assistance from the Texas Sports Betting Alliance, which is created up of qualified sports teams from across the state like the Dallas Cowboys, The Dallas Mavericks, the Texas, Rangers, Houston Astros, Houston Texans, FC Dallas, the Dallas Stars, the Rockets, the San Antonio Spurs and other folks.

On the web sports betting platforms like DraftKings, FanDuel, BetMGM, and Barstool also assistance the Texas Sports Betting Alliance.

Not everybody is on board with the bills and these against gambling spoke to the committee as properly.

“Gambling in any type is addictive and dangerous to households and disproportionately impacts these who can not afford to shed something,” mentioned Jonathan Covey, policy director for Texas Values

These from the grassroots organization, Texas Against Gambling, also opposed the bills.

No action was taken on Wednesday. In order for the bill to move to the floor, it has to make it out of committee.

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