Dallas Cowboys owner Jerry Jones said he supports regulated sports betting in Texas, saying legalisation could protect consumers, raise tax revenue and safeguard sports integrity. Texas lawmakers would first need to pass a bill to put a constitutional change to voters, the source said.
Any legalisation effort would require legislative action and a statewide referendum before sports betting could be authorised.
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Eilers & Krejcik Gaming said prediction markets operating in Texas may not persuade lawmakers to approve sports betting, according to its report. The analysts said lawmakers could instead regulate sports prediction markets directly or wait for a potential US Supreme Court ruling before acting; Texas policymakers are expected to consider sports betting legislation in 2027.
Reportedly, Texas Lieutenant Governor Dan Patrick wants to restrict prediction markets offering sports wagers. He describes the provisions permitting those wagers as loopholes and wants to close them.
Maryland Lottery and Gaming says licensed online sports wagering and registered online fantasy competitions are the state’s only legal online gaming options. The agency has also notified licensed and registered operators about sports event prediction markets and says it issues cease-and-desist letters to platforms it considers to be operating illegally.
NBA commissioner Adam Silver said the league considers prediction markets such as Kalshi and Polymarket a form of sports gambling. He said lawmakers and courts will determine their legal status, with cases involving the platforms under way.
Reportedly, DraftKings is increasing prediction market advertising in some of the largest US markets without legal sports betting. The campaign push comes ahead of the NFL season starting on 9 September.