Texas Sports Betting Hopes Dim After November Election Results

Texas Sports Betting Hopes Dim After November Election Results

By Michael Davidson

November 23, 2024 at 01:32 AM

Texas sports betting faces significant hurdles following recent election results, with Republican gains in the State Senate potentially blocking legalization efforts in 2025. Republicans now control 20 of 31 Senate seats, up from 19 in 2023 when previous legislation failed.

The path to legalization requires constitutional amendment approval by two-thirds majorities in both the House and Senate before reaching voters. While achievable in the Republican-controlled House, Senate prospects remain challenging under Lt. Gov. Dan Patrick's leadership.

Texas State Capitol panoramic view

Texas State Capitol panoramic view

Key challenges include:

  • Republicans hold nearly all 21 Senate votes needed
  • Party platform explicitly opposes gambling expansion
  • Limited Democratic influence with just 11 votes
  • Lt. Gov. Patrick's continued opposition to gaming expansion

Currently, Texas forgoes potential benefits including:

  • Over $1 billion in estimated tax revenue
  • Approximately 8,000 new jobs
  • Mobile sports betting market opportunities

Industry experts now view 2027 as the earliest realistic timeline for Texas sports betting, with potential implementation before the 2028 football season. The 2024 election results, including Trump's increased victory margin in Texas, reflect the state's strengthening Republican position, further complicating near-term legalization efforts.

Should leadership changes occur, including Patrick's potential appointment to a Trump administration position, the outlook may remain unchanged as likely successors share similar anti-gaming expansion stances.

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