sports betting

Texas is once again looking at legalizing sports gambling during this years’ legislative session, and supporters are being backed by some of the most influential people in Texas sports.

A multitude of sports betting bills have been introduced to the legislature, with three advancing in the Senate.

With plenty of patience and money, the industry is extending its multi-year campaign to bring legal casinos and sports betting to the state.

Kansas' gaming law, which followed years of legislative debate over the merits of sports betting, is written to allow sports betting companies who partner with casinos to deduct promotional subsidies from taxable revenue.

Legal sports betting in Kansas came with mobile casinos that offer easy access to place wagers online. Experts say that also comes with a higher risk of addiction.

When Kansas lawmakers legalized sports betting, they seemingly gave lobbyists for casinos everything they wanted. That includes tax exemptions on promotional bets that are aimed at getting bettors hooked.

The former Wichita Greyhound Park has been closed since 2007.

The structure of tax laws set for sports betting in Kansas let casinos write off significant promotional expenses, including their "free" wagers.

Kansas bettors will be able to place legal wagers on sporting events as early as this summer.

Sports gambling would be coming to Kansas casinos and online apps under a bill the Kansas House overwhelmingly approved.