Texas 2021 - 87th Regular

Texas Senate Bill SB736

Caption

Relating to the regulation of sports wagering; requiring an occupational permit; authorizing a fee; imposing a tax; creating criminal offenses; decriminalizing wagering on sports events.

Impact

If enacted, SB736 will alter existing state laws regarding gambling and betting. By legalizing and regulating sports wagering, the bill intends to eliminate illegal betting practices and enhance state revenue through taxes imposed on sports wagering operations. It requires robust monitoring systems to oversee wagering activities and impose penalties for breaches of the regulatory framework, thereby reinforcing accountability within the industry.

Summary

Bill SB736 aims to establish a regulatory framework for sports wagering in the state. It seeks to manage the licensing and operation of betting activities through a series of permits, including occupational and service provider permits, while also introducing a taxation model on generated revenue. The bill outlines the responsibilities of sports wagering operators to maintain the integrity of betting activities and protect player information, emphasizing the importance of complying with state laws to support a legal and regulated betting environment.

Contention

Points of contention surrounding SB736 relate to concerns about the social implications of legalized sports betting, including potential issues such as gambling addiction and the ethics of promoting gambling to the public. Critics may argue that the measures put in place might not be sufficient to safeguard against these risks, while supporters contend that a regulated market is preferable to unregulated underground activities. Additionally, there is apprehension about how effectively the state will enforce compliance and monitor activities to prevent corruption and uphold the integrity of sports.

Companion Bills

TX HB2070

Similar To Relating to the regulation of sports wagering; requiring an occupational permit; authorizing a fee; imposing a tax; creating criminal offenses; decriminalizing wagering on sports events.

TX SJR39

Enabling for Proposing a constitutional amendment authorizing the legislature to legalize sports wagering in this state.

Previously Filed As

TX HB1942

Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.

TX SB715

Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.

TX HB2843

Relating to the authorization, licensing, and regulation of casino gaming and sports wagering in this state, to the creation, powers, and duties of the Texas Gaming Commission, to the support of the horse racing industry and reform of horse racing and greyhound racing, and to other provisions related to gambling; imposing and authorizing administrative and civil penalties; imposing taxes; imposing and authorizing fees; requiring occupational licenses; creating criminal offenses.

TX HJR155

Proposing a constitutional amendment to foster economic development and job growth, provide tax relief and funding for education and public safety programs, support the horse racing industry, and reform horse racing and greyhound racing by authorizing casino gaming at destination resorts, authorizing sports wagering, authorizing Tribal-State compacts with federally recognized Indian tribes, and creating the Texas Gaming Commission to regulate casino gaming and sports wagering; requiring a license to conduct casino gaming; and requiring the imposition of a casino gaming tax, sports wagering tax, and license application fees.

TX HJR97

Proposing a constitutional amendment to foster economic development and job growth, provide tax relief and funding for education and public safety programs, and reform and support the horse racing industry by authorizing casino gaming at destination resorts, creating the Texas Gaming Commission, authorizing sports wagering, requiring a license to conduct casino gaming, and requiring the imposition of a gaming and sports wagering tax and license application fees.

TX HJR102

Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events and requiring the legislature to dedicate to property tax relief at least 98 percent of the net state tax revenue generated from the wagering on sporting events.

TX HB4100

Relating to the regulation of wagering through telephone, the Internet, or other approved electronic means on horse races and greyhound races under the pari-mutuel system of wagering; requiring a license to operate account wagering; requiring a fee.

TX SJR39

Proposing a constitutional amendment authorizing the legislature to legalize wagering in this state on certain sporting events.

TX SJR17

Proposing a constitutional amendment to foster economic development and job growth and to provide tax relief and funding for education and public safety by creating the Texas Gaming Commission, authorizing and regulating casino gaming at a limited number of destination resorts and facilities licensed by the commission, authorizing sports wagering, requiring occupational licenses to conduct casino gaming, and requiring the imposition of a tax.

TX HB4115

Relating to eligibility for membership on and the regulation of horse racing by the Texas Racing Commission and a prohibition on the conduct of greyhound or other dog racing as live events in this state; creating a criminal offense; authorizing a fee.

Similar Bills

TX HB1942

Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.

TX SB715

Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.

TX HB2070

Relating to the regulation of sports wagering; requiring an occupational permit; authorizing a fee; imposing a tax; creating criminal offenses; decriminalizing wagering on sports events.

NC H347

Sports Wagering/Horse Racing Wagering

MO SB852

Authorizes sports wagering

MO SB30

Authorizes sports wagering

MO SB764

Modifies provisions relating to gaming

MO SB643

Authorizes sports wagering