Dallas Cowboys Owner Jerry Jones Says Texas is Losing Revenue Without Sports Betting

Dallas Cowboys owner Jerry Jones believes Texas is missing out on millions in tax revenue without legalized sports betting. Jones, 81, was recently asked by reporters about his stance on the Lone Star State potentially legalizing sports wagering in the future.

Dallas Cowboys owner Jerry Jones says sports betting will eventually come to Texas

“I think ultimately you’ll have sports betting in the state of Texas. Until that time, the state does lose an opportunity for huge amounts of revenue,” the Cowboys owner said.

“I think that properly, properly supervised, by the people that play the games and people that have the teams that play the games and the individual athletes — you’ve got to make sure that the perception is, and the reality is that there’s just no compromising on it all being very competitive and up-and-up. I think that takes some time in some places more than it does others.”

Cowboys owner Jerry Jones when asked about getting legalized sports gambling in Texas: “I think ultimately you’ll have sports betting in the state of Texas. Until that time, the state does lose an opportunity for huge amounts of revenue.

“I think that properly, properly…

— Jon Machota (@jonmachota) August 29, 2024

Jones seems to support the legalization of sports gambling in Texas. However, the Lone Star State is still at least a year away from entering the U.S. betting market.

As of August 2024, 38 states and Washington D.C. offer some form of legal sports betting.

Eilers & Krejcik Gaming removed Texas from the list of states likely to legalize sports betting by 2025

According to a recent report by Eilers & Krejcik Gaming, a Southern California research and consulting firm specializing in the sports betting industry, Texas has been removed from the list of states likely to legalize the activity by 2025.

“We previously projected that Texas would legalize in November 2025 via ballot measure and then launch in fall 2026. We’ve now pushed the timeline back a legislative session,” Eilers & Krejcik Gaming recently announced.

The Texas House passed an online sports betting bill in 2023. This bill was backed by major sports betting companies, a coalition of Texas’ professional sports teams, and former Texas Gov. Rick Perry.

Nevertheless, it was later blocked in the Senate.