Finance & Revenue
What is happening? Texas businessperson, Mattress Mack, wrote an opinion piece about his proclivity to place sports bets, in states where it is legal. He pays taxes for those bets to those states. He wants to pay texas to Texas.
Why is this important? he supports sports betting legislation, like we’ve seen in other states, that has voter approval as step 1. For Texas, that will look like, HB 2070 /HJR 97, SB 736 /SJR 39 (2021 | TX)
How will this be important? Gambling in Texas has been decades long pursuit. It’s like when the “will they? won’t they?” moment of a romcom drags on for years and years.
Houston Chronicle | Mattress Mack: It’s time for the Texas Legislature to legalize sports betting
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