Massive Interest in Sports Betting in Texas and Other Regions Revealed by GeoComply Data
In the ongoing 2025 legislative sessions, efforts to make sports betting legal in Texas are picking up steam. Advocates argue that legalizing sports betting not only benefits the economy but also ensures the safety of bettors.
The Texas Sports Betting Alliance believes that legalizing sports betting could bring in $360 million in taxes annually for the state. Studies predict that this could boost Texas' economy by $2.6 billion annually. This potential tax revenue could be used for funding public services like schools and roads.
Legalizing sports betting in Texas could set up safe and clear betting sites, providing tools for responsible betting. Currently, approximately $6 billion is illegally bet in Texas every year, posing risks to consumers as many use shady websites.
GeoComply's data shows high demand for sports betting during major events like the NFL playoffs, and their findings show high demand for sports betting in states without regulations, such as Texas, Nebraska, Alabama, and South Carolina. During the 2024 NFL season, there were over 326,000 location checks and almost 2,800 active betting accounts in Iowa due to Nebraskans crossing over to place bets.
The increase in sports betting activity in South Carolina was significant after North Carolina started allowing mobile sports betting in 2024. This trend suggests that legalizing sports betting in Texas could have a similar impact.
However, Lt. Gov. Dan Patrick has generally opposed legislation to legalize sports betting in Texas during recent legislative sessions. A bill passed the Texas House in the last legislative session but did not move forward in the Senate due to Lt. Gov. Dan Patrick's opposition.
Despite these obstacles, the momentum for sports betting legalization in key states is gaining traction. States that allow sports betting are reaping benefits, while those without regulations risk losing potential revenue and leaving people open to illegal betting. The ongoing legislative sessions provide states an opportunity to make money and protect consumers better through sports betting regulation.
In conclusion, the benefits of legalizing sports betting in Texas are clear – economic growth, consumer protection, and funds for public services. As the legislative sessions continue, it will be interesting to see if Texas joins the growing number of states that have legalized sports betting.
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