Legalized Sports Betting: Where Each State Currently Stands

Discussion in 'On The Field' started by Badass, Jul 30, 2019.

  1. Badass

    Badass 2,500+ Posts

    With CFB season rapidly approaching, I wanted to see which states within driving distance of Texas might be an option for a long weekend road trip to bet on football games. I found a recent article by ESPN outlining every State's current position (as of July 16, 2019). Hope you find it as interesting as I did. #PlaceYourBets :hookem:

    Texas: On February 1, 2019, Representative Eddie Lucio III introduced a 15-page bill "relating to the regulation of sports betting." Sports betting operators in Texas would be required to obtain a permit and pay a $250,000 fee. The Texas Commission of Licensing and Regulation would oversee sports betting under the proposed law. The bill would also mandate that a 6.25 percent tax be "imposed on each bet placed by a sports bettor."

    Rest of the nation: United States of sports betting: An updated map of where every state stands
  2. ViperHorn

    ViperHorn 10,000+ Posts

    Since the Legislative Session is over and still no Sports betting either it was voted down or left to waller in Committee and die of natural causes.
  3. mb227

    mb227 2,500+ Posts

    If Texas ever DOES pass a sports wagering bill, we can only hope that they stick with a low tax holding and does not get stupid like Pennsylvania did. The 6.25% rate would be on par with the 6.75% figure I have seen for Nevada. Contrast that with PA and their insane rate north of 35%...

    At a certain point, it ceases to be a viable proposition to run the facilities, and a lack of competition makes for poor wagering options. All one needs to do in determining impact of options is to look at the shake-up in Nevada now that Circa is running their book and increasing the various options available to bettors.

    More competition also allows one to engage in some middling that might not otherwise have been an option...when I was in Vegas for the WSOP last month, I would have sheets from the Caesars and MGM properties that I balanced against William Hill and Circa numbers. Not only did Circa have more of the alternate options but the numbers tended to be better, especially on futures.

    Sadly, I don't see Texas passing this anytime I will be spending more time going back and forth to Las Vegas. Just like with casinos that are just across the border, there is a ton of money that leaves the State to go to Nevada. Texas Legislature just does not grasp that being a nanny is not a good thing...
  4. zuckercanyon

    zuckercanyon 1,000+ Posts

    If I could only bet on sports in Texas and smoke weed while I'm doing it, my life would be complete......
    • Funny Funny x 3
  5. HTownBevo

    HTownBevo 100+ Posts

    Eddie Lucio III

    Is bringing the book to Texas. That fits.

    Odds that Eddy and CDC have same tailor?
  6. El Sapo

    El Sapo Bevo's BFF

    Really kinda hit the nail on the head here because it's to the point where if you don't get on board with the wave to legalize these things your state is going to get left behind because...

  7. X Misn Tx

    X Misn Tx 2,500+ Posts

    You can't buy cars on Sunday. That's unChristian!
    • Funny Funny x 1
  8. Vol Horn 4 Life

    Vol Horn 4 Life 5,000+ Posts

    Nor whiskey....but beer is ok. :idk:
  9. Joe Fan

    Joe Fan 10,000+ Posts

    I assumed Texas would be last or among the last. But maybe not ....

  10. mb227

    mb227 2,500+ Posts

    As if the franchises wouldn't figure out how to screw it up...
    • Agree Agree x 1
  11. moondog_LFZ

    moondog_LFZ 2,500+ Posts

    I would love to see casinos up and down Lady Bird Lake. :smokin:
  12. Joe Fan

    Joe Fan 10,000+ Posts

    I does seem like an odd idea. Think of the double dealing possibilities. Yeesh
  13. Statalyzer

    Statalyzer 10,000+ Posts

    Certainly sounds like some dubious deals were worked out behind the scenes if that's how it's going to work.
    • Agree Agree x 1
  14. mb227

    mb227 2,500+ Posts

    While THAT would give the bums somewhere else to camp out and shoot up, that isn't what is on the table here.
  15. LousianaHorn

    LousianaHorn Kabong

    They just passed legal sports betting here LA on a Parish by Parish far 55 of 64 Parishes have approved including Calcasieu (Lake Charles) and Caddo/Bossier Parishes.
  16. moondog_LFZ

    moondog_LFZ 2,500+ Posts

    Didn't say it was on the table.
    Just said I would like to see it.
  17. SabreHorn

    SabreHorn 5,000+ Posts

    Don't hold your breath waiting for casinos in Texas. Too much opposition, not to mention the infighting over the particulars. For the last 6-7 legislative sessions, they have tried to sneak it by as a rider on a very popular bill. DID NOT HAPPEN!

    You have competing factions with the major casino groups and the locals, one of whom has tried to get it as a rider to limit any casino to a "man made island" only. There are only two "man made islands" in Texas. One has nothing on it, and the other had all industrial moved off it to make room for the new casino.

    I suggest anyone in favor of the bill needs to go to Warren County, Mississippi. Five casinos, none of which is fully functional only because they have no demand. Maybe one or two blackjack tables, or you may have to request a dealer, a request which is normally rejected.

    CREATE JOBS, CREATE JOBS! *********! In Vicksburg, the maids at the hotels, the bar servers, general support staff make only about 25-30% of minimum wage. The clientele are 80 year olds, who come on a bus with a pocket full of pennies and play penny slots for 5-6 hours. They buy nothing, they don't tip, rarely do the stay in the bad Motel 6 built on top of a crummy casino.

    But, hey, it's a "clean industry", which isn't polluting, but again, no one can live on the wages received.
  18. mb227

    mb227 2,500+ Posts

    Biloxi does ok but that is mostly because it seems to split the difference between Floriduh and New Orleans. Who would cross the river to podunk MS when you have casinos on your own side of the river? It would be on par with putting casinos in Orange and being shocked when the Lousiana people didn't show up or in Denton and being surprised when the land thieves stayed in their own State...
  19. SabreHorn

    SabreHorn 5,000+ Posts

    Well put, except how far is it from Vicksburg to Bossier City or Biloxi or NOLA?

    Biloxi got off to a roaring start because Steve Winn built Beau Rivage before Tilman could cheapen things by building the "not so" Golden Nugget.

    You have gamblers who know what they are doing, then you have tour buses. Not that the "we want to be Mickey Mouse" has so degraded Vegas, I'm not sure if there is anywhere I would want to go.

    There is a very clear reason why the world's largest casino resort owner/operator had NOTHING in the United States. All 52-54 resorts are scattered around the world. They did buy 50% of The Plaza with Fairmont owning the other 50%. That didn't last until the water got warm.

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