Part of United States
Texas has no gambling regulator of the licensing kind. The state body in this space is the Texas Lottery Commission, which operates the lottery and has historically also overseen charitable bingo. There is no commercial casino commission and no sports wagering authority, because the state has not authorised either. For the second-largest state in the country that absence is the story. Expanding gambling in Texas generally requires a constitutional amendment, which means a two-thirds vote in both chambers of the legislature followed by a statewide referendum. Casino and sports betting proposals have been introduced repeatedly and have not cleared that bar, so there is no application route and no agency to apply to. This profile records the lottery commission and leaves everything else as honest gaps. Vertical status, licence types, fees, tax treatment, advertising rules and compliance obligations are not asserted, because there is in most cases nothing to assert. Readers should be careful with claims that Texas is on the verge of opening; the procedural hurdle is a referendum rather than a bill, and the calendar for that is set by the legislative session cycle rather than by industry appetite.
Texas Penal Code Chapter 47, Gambling
State Police figures released at Thursday's Gaming Control Board meeting show the 15 riverboats, Caesars New Orleans and the four racinos all down on August 2025, with 13 of the 15 boats losing ground. Mobile sports betting handle rose 3.6% to $261m and produced $31.1m of net proceeds; retail books fell by almost half. Only Baton Rouge grew, and only because Bally's moved onto land.
The Protect College Sports Act cleared cloture 74-24 the same afternoon the CLARITY Act died. Buried in the committee-reported text is a line that lets conferences bench a student athlete for "sports wagering activities or sports-related event contracts", the first federal bill we have seen headed for a floor vote that puts the two in the same sentence.
Fourteen months after the "Big Beautiful Bill" cut deductible losses to 90%, the Ways and Means Committee has attached the fix to a crypto tax bill and sent it to the floor. It still needs the House, the Senate and the President before 1 January, and the House is about to leave town.
A state that bans sports betting and casinos spent Tuesday studying "the sudden inundation of prediction market gambling". The casino lobby told senators to sue in state court; Kalshi told them a ban would send Texans offshore. The session that could act on it opens on 12 January.
Two consecutive daily records, parlays over half of everything, a $56m Cowboys-Giants market and pricing that Citizens says beat FanDuel and DraftKings on straight bets. The volume figure counts both sides of every trade.
A clutch of sell-side notes published in late July and early August 2026 reveals four distinct storylines shaping investor sentiment across the global gaming sector: Churchill Downs pursuing a regional asset sale, MGM anchored by a $48.30 takeover offer, Sportradar absorbing a €9 million FX headwind, and Macau lagging its own recent recovery pace after a soft World Cup and a disruptive typhoon.
London, UK - 29th September 2025 - Kalshi, the federally regulated prediction market at the centre of a fierce US regulatory battle, has achieved a major
A new and highly contentious report is challenging the established understanding of the US online gambling market, claiming that the illegal sector is not
Sports betting operator DraftKings is facing a patent infringement lawsuit filed in New Jersey federal court concerning its micro-betting offerings. The legal
Texas Lottery Commission
Texas Legislature