Online sports betting has skyrocketed in popularity in the U.S. over the past five or six years. While many states are profiting from the industry, Texas is one of the few that have yet to legalize it.
The U.S Supreme Court’s ruling in Murphy v. National Collegiate Athletic Association opened the doors for states to legalize sports betting in 2018. Since then, 39 states and Washington, D.C., have legalized at least one form of sports betting. Texas is one of 11 states where it remains illegal.
The primary arguments for legalizing sports betting are how lucrative it is in tax revenue and how it empowers states to regulate sports betting, which otherwise goes on illegally.
