Noticias de ultima
  • 12.00 KSA Reinforces Advertising Standards for Sports Sponsorships
  • 12.00 Sports Betting Stocks Eye December 1 Launch in Missouri
  • 12.00 CT Interactive expands presence in Lithuania with new game certifications
  • 12.00 Indonesia Debates Casino Legalisation Amidst State Revenue Concerns
  • 12.00 Altenar launches Market Bundles to streamline sportsbook navigation
  • 12.00 MGM Resorts urges Thailand to adopt competitive casino tax rate
  • 12.00 WA. Technology presents Hacksaw Gaming – Game Studio Spotlight
  • 12.00 Rush for Diamonds – a treasure hunt like no other, by Onlyplay
  • 12.00 Fininvest Revolutionizes Cash Processing in LATAM with German Technology at GAT Expo Cartagena 2025
  • 12.00 Sportradar presents AI – The Real MVP of the NBA Playoffs
Sportsbook

Sports betting legalization in Texas would pay huge dividends, study says

Thursday 21 de November 2024 / 12:00

2 minutos de lectura

(Texas).- Texas remains one of 11 states where sports betting is illegal, and a new study showed government officials may want to get with the times.

Sports betting legalization in Texas would pay huge dividends, study says

Eilers & Krejcik, an independent research firm, conducted a new study showing sports betting would pay off for the state of Texas, FOX Business has learned.

The study, "Legal Online Sports Betting In Texas: Revenue Forecast And Economic Impact Analysis," estimates the market could generate over $360 million in direct tax revenue for the state, while adding over 8,000 jobs.

The report estimated Texas would benefit from over $2.6 billion annually in economic output, adding non-gaming tax revenues generated from legal sports betting are expected to total $24.3 million per year.

Texas Rangers co-owner Neil Leibman is all for bringing legalized sports betting to the state.

"Texas has always led the way in growth and opportunity, but we’re falling behind when it comes to sports betting. Legalizing it would allow us to keep billions in revenue here at home, supporting crucial needs like education and lowering property taxes — all without raising other taxes," Leibman said in a statement.

"Texans are already betting; it’s time we make it safe and fair, while ensuring our state benefits. Letting Texans decide this issue is about economic opportunity and the freedom to choose."

Dallas Cowboys Executive Vice President Charlotte Jones, the daughter of Cowboys owner Jerry Jones, added, "Texans deserve a safe and fair sports betting environment that helps fund critical needs in our state. 

"By legalizing sports betting, we can protect our communities, enhance the fan experience and ensure Texas isn't losing out to other states or the black market. As a mom and sports fan, I believe it’s time to let Texans decide how we move forward, ensuring our state benefits in a meaningful way." 

Over the weekend, the state of Texas hosted the Jake Paul-Mike Tyson fight, which became the most streamed sporting event ever and the most wagered fight sportsbooks had ever seen.

Missouri became the latest state to legalize sports gambling on Election Day.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

SBC Summit Americas 2025

13 de May 2025

Uplatform Glowed at SBC Summit Americas 2025

(Cyprus).- Uplatform brought serious sparkle and substance to SBC Summit Americas 2025 in Fort Lauderdale, lighting up Stand C470 with a dynamic mix of business and fun from May 13–15.

Thursday 22 May 2025 / 12:00

SBC Awards Americas: Meet the Winners

(Fort Lauderdale).- FanDuel, Kaizen Gaming and Sportradar were the standout winners at the inaugural SBC Awards Americas, each taking home two awards at the ceremony held at Pier Sixty Six in Fort Lauderdale, Florida.

Tuesday 20 May 2025 / 12:00

GLI® Takes Top Compliance Award at SBC Americas Event

(New Jersey).- Gaming Laboratories International (GLI®) took home the “Compliance Solution of the Year” Award at the inaugural SBC Americas Awards, further solidifying its commitment to excellence in gaming compliance.

Tuesday 20 May 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO