Jerry Jones, the owner of the Dallas Cowboys, is absolutely certain that sports betting will soon be legalized in Texas. He mentioned on a radio show that sports betting is already in practice in Texas even though it is not yet legal.
But in spite of Jerry Jones’s optimism, experts believe that it will take a long time for sports betting to become a reality in Texas, the USA’s second most populous State behind the State of California. Already a bill by some Texas legislators for the introduction of sports betting failed to pass through the Texas legislature.
Now the next possible date for raising a bill is in Austin in 2023. But even if legislators pass the sports betting bill, a public vote would still have to be conducted. According to experts, the earliest referendum can be in 2024, and if it gets passed, sports betting may start to be implemented in Texas in 2025.
Texas’s neighbor Louisiana has approved sports betting, but no regulations have yet been put in place. So stakeholders and betting operators are anxious to see whether regulations can be put in place and legal sports betting introduced before the start of the coming football season.
Jones, a 78-year-old businessman and veteran college football player, has already signed deals for Dallas Cowboys to put their logos on lottery tickets. Jones is also a shareholder of DraftKings, one of the biggest fantasy sports and online sports betting operators in the USA at present.
A few years earlier also Jones had signed another deal by which the WinStar World Casino could use Dallas Cowboys logos for their advertisement and promotions.
Jones believes that when bettors are able to combine their betting strategies with game analysis of experienced commentators like Tony Romero, it will elevate the entire betting experience.
Jerry Jones’s faith in the future of sports betting is evident. However, many others in Texas are keen to see legal sports gambling become a reality in the State.