{"id":264247,"date":"2023-03-14T13:11:46","date_gmt":"2023-03-14T18:11:46","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=264247"},"modified":"2023-03-15T14:44:11","modified_gmt":"2023-03-15T19:44:11","slug":"perry-maintains-constructive-view-on-texas-sports-betting","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/perry-maintains-constructive-view-on-texas-sports-betting\/","title":{"rendered":"Ex-Governor Rick Perry Still Optimistic on Texas Sports Betting Future"},"content":{"rendered":"

Former Gov. Rick Perry (R-TX) remains bullish on the prospects for regulated sports wagering in Texas, noting that if the issue is put to voters, it will pass in resounding fashion.<\/p>\n

\"Texas
Former Energy Secretary Rick Perry (left) seen with President Trump. Perry is still bullish on sports betting in Texas. (Image: Alex Wong\/Getty Images)<\/figcaption><\/figure>\n

In recent comments on the “World Series of Politics” podcast, the former US energy secretary said legislation introduced last month<\/a> by State Sen. Lois Kolkhorst (R-Brenham) is likely the best option for bringing sports wagering to the country’s second-largest state. There\u2019s a companion bill in the state House introduced by Rep. Jeff Leach (R-Plano).<\/p>\n

The bills introduced by the legislators have some bipartisan support and would legalize sports betting in the state via a constitutional amendment. Comparable to bills introduced two years ago that ultimately failed, the Kolkhorst and Leach bills propose a 10% tax on sports betting revenue.<\/p>\n

\n

Under those proposals, license holders would also pay a $500K fee. Professional sports teams<\/a> in Texas would hold master permits, allowing them to partner with sportsbook operators. Golf courses that hold professional tournaments, of which there are several in the state, and Class 1 pari-mutuel facilities would also be eligible for the master license designation.<\/p>\n<\/div>\n

The bills propose alterations to the Texas constitution, meaning two-thirds majorities in both chambers are required for passage. If that happens, the issue would be put directly to voters in November.<\/p>\n

Perry Betting on Texas Sports Betting<\/h2>\n

Perry has been in politics since 1984 and was governor of Texas from 2000 to 2015, so he\u2019s seen a lot in the state\u2019s political arena, making his outlook on sports wagering in the state pertinent.<\/p>\n

There\u2019s never been this coming together, to work on one issue [before],\u201d<\/strong> he said on the “World Series of Politics” podcast. \u201cI\u2019ve been in politics since around 1984, so I\u2019ve seen a lot of interesting efforts but this one caught my attention for a number of reasons.\u201d<\/strong><\/p><\/blockquote>\n

He estimates the state could garner $500 million in revenue from sports betting, potentially setting the stage for easing property taxes and more capital for education and infrastructure projects.<\/p>\n

Last year, he joined the Sports Betting Alliance \u2014 a group comprised of professional sports franchises in Texas and gaming companies- as a spokesman. Barstool Sportsbook, BetMGM, DraftKings, and FanDuel are among the gaming operators<\/a> in that consortium.<\/p>\n

Perry believes Texans\u2019 devotion to sports bodes well for the issue of sports wagering easily passing at the ballot box.<\/p>\n

\u201cI feel comfortable that once it becomes a constitutional amendment and the people of the state have a chance to look at it, it will pass,\u201d he said in the interview. \u201cAnd I think it will pass rather overwhelmingly.\u201d<\/p>\n

Texas Sports Betting Faces Time Crunch<\/h2>\n

With sports betting bills already failing in some marquee states like Georgia, success in Texas could be a significant boon for the industry\u2019s 2023 legislative prospects. Time is, however, a factor.<\/p>\n

\n

The 2023 legislative session in Texas started on January 10 and runs through May 29, meaning there are roughly two and half months in which the House and Senate can deal with sports betting. That time line is somewhat challenging, because the chambers won\u2019t be in session on Good Friday (April 7) or Memorial Day (May 29).<\/p>\n<\/div>\n

There\u2019s also the matter of Lt. Gov. Dan Patrick — a Republican who’s long opposed gaming expansion in Texas. He\u2019s president of the state Senate, giving him sway to prevent bills from coming to the floor. If he\u2019s not warm to sports betting, it could be a dead issue in Texas until 2025 because 2024 is an election year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Former Gov. Rick Perry (R-TX) remains bullish on the prospects for regulated sports wagering in Texas, noting that if the issue is put to voters, it will pass in resounding fashion. In recent comments on the “World Series of Politics” podcast, the former US energy secretary said legislation introduced last month by State Sen. Lois […]<\/p>\n","protected":false},"author":46,"featured_media":264248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,1074],"tags":[81899,81901,80968],"acf":[],"yoast_head":"\nPerry Maintains Constructive View On Texas Sports Betting<\/title>\n<meta name=\"description\" content=\"Former Texas Gov. Perry Sees sports betting bills passing in the state.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/perry-maintains-constructive-view-on-texas-sports-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perry Maintains Constructive View On Texas Sports Betting\" \/>\n<meta property=\"og:description\" content=\"Former Texas Gov. 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