Texas sports betting bill reaches committee

In Texas, the proposed sports betting legalization bill House Bill 1942 hangs in the balance as pro and anti-industry voices battle it out in the State House of Representatives State Affairs Committee.
Texas

On Wednesday (March 22), Texas lawmakers debated the bill, which would legalize mobile sports betting in the Lone Star State. The proposed law – which is backed by former governor Rick Perry – is accompanied by a House Joint Resolution which proposes an amendment to the Texas constitution, as gambling is specifically prohibited in the text.

If successful, the amendment will go to a national referendum in November, where the final decision to legalize sports betting will be placed directly in the hands of voters.

“Here to stay”

The bill’s sponsor Rep. Jeff Leach sought to characterize sports betting as an activity that was already “here to stay” in Texas.

“While this has been happening – even here in Texas for decades – it’s being done illegally,” said Leach. “It’s being done in the shadows, with bookies and offshore accounts, with no regulation, no protections for privacy or data, no monitoring, and certainly no recourse for anyone to be held accountable if something goes awry with a placed bet in the state of Texas.”

[Read full story on iGB North America]

Source: Read Full Article