na interview with Chad Hasty Show on KFYO in Lubbock last week, Gov. Dan Patrick | said he was not an advocate of legalized gambling Texas and believes all efforts at this meeting will go broke.
Although some lawmakers viewed legalized gambling and sports betting as the solution to the budget gap in Texas in the post-pandemic years, Patrick said that gambling and sports betting had less than a slim chance of gaining ground.
“It’s not even an issue that will see the light of day at this session,” Patrick told the radio show. “An invoice may be submitted, but I doubt it.”
KXAN’s Maggie Glenn reported last year that Las Vegas lobbyists, including more than 50 from Las Vegas Sands, were pushing for legalized gaming.
MP Joe Deshotel and Senator Roland Gutierrez have already submitted bills to allow casinos to operate in Texas. State Senator Royce West, a Democrat on the Senate Finance Committee, said this was definitely a viable option.
Patrick told the radio show that endorsing sports gamers at the start of the meeting from lobbyists or professional sports franchises is not new. Patrick said the amount of tax revenue that gambling could generate in the state isn’t a big solution.
“Every year they come and try to get a bill passed on something and every year I tell them the same thing … don’t talk about revenue because the sports games, for example, have teams trying to move this meeting forward … that generates $ 150 million a year by their number. That’s a lot of money, but it pays off for about half a day of our year, “said Patrick.
Patrick added, “Casinos say they will generate about $ 700 million in tax dollars, a lot of money, but that’s about three days for 365 days a year of our total budget.”
State Senator Jane Nelson, Republican chairman of the committee, said: “July’s estimate of $ 4.6 billion deficit, [is] A deficit of $ 946 million is now forecast. “