Texas Racing

[Kasept]

Originally Posted by casp0555

Just seen this quip on Facebook....anyone laying odds on either one of these passing?

http://www.drf.com/news/texas-consid...nsion-gambling

Per Rampellini visit, appears there's some momentum for these initiatives.

[casp0555]

Originally Posted by Kasept

Per Rampellini visit, appears there's some momentum for these initiatives.

I guess I should try and have a positive outlook...hard to do so with Abbott and Costello...I mean Patrick in the mix.

HB 3925 and HB 3926 are big ones to follow, District 44 House Rep John Kuempel is the author....fingers crossed

[gamblin4ever]

Originally Posted by Kasept

Per Rampellini visit, appears there's some momentum for these initiatives.

Steve, what % does the ADW pay tracks on wagers?

[Kasept]

Originally Posted by gamblin4ever

Steve, what % does the ADW pay tracks on wagers?

Each entity negotiates their rate (with popularity of signal a big factor), but a typical (target) number is in the 7% range.

[casp0555]

Update on HB 3925...referred to Licensing and Administrative Procedures on 4/3/17...will update after the next change


oh yeah...the same with HB 3926

[NTamm1215]

Originally Posted by casp0555

Update on HB 3925...referred to Licensing and Administrative Procedures on 4/3/17...will update after the next change


oh yeah...the same with HB 3926

The folks at Sam houston are very confident the ADW bill will pass for what it's worth. They expect the market to be open to every company with a source market fee for anyone within 30 miles of LS, Retama and SHRP.

[casp0555]

Originally Posted by NTamm1215

The folks at Sam houston are very confident the ADW bill will pass for what it's worth. They expect the market to be open to every company with a source market fee for anyone within 30 miles of LS, Retama and SHRP.

thanks Nick..lets hope it passes.

[casp0555]

my confidence is starting to erode, politicians

http://www.chron.com/sports/article/...e-11170887.php

[gamblin4ever]

Originally Posted by casp0555

my confidence is starting to erode, politicians

http://www.chron.com/sports/article/...e-11170887.php

I would like to know what districts are against gambling, because, I'm sure the lotto is sold in those districts and that's another form of gambling.

[casp0555]

Originally Posted by gamblin4ever

I would like to know what districts are against gambling, because, I'm sure the lotto is sold in those districts and that's another form of gambling.

[casp0555]

thought I would check ans still no action since last time I "checked"...



HB 3925
Author:
Kuempel

Last Action:
04/03/2017 H Referred to Licensing & Administrative Procedures: Apr 3 2017 3:34PM

Caption:
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.

HB 3926
Author:
Kuempel | Thompson, Senfronia | Geren | King, Tracy O. | Larson

Last Action:
04/21/2017 H Committee report sent to Calendars

Caption:
Relating to the regulation of horse racing and greyhound racing and pari-mutuel wagering in connection with that racing.

[casp0555]

Originally Posted by casp0555

thought I would check ans still no action since last time I "checked"...



HB 3925
Author:
Kuempel

Last Action:
04/03/2017 H Referred to Licensing & Administrative Procedures: Apr 3 2017 3:34PM

Caption:
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.

HB 3926
Author:
Kuempel | Thompson, Senfronia | Geren | King, Tracy O. | Larson

Last Action:
04/21/2017 H Committee report sent to Calendars

Caption:
Relating to the regulation of horse racing and greyhound racing and pari-mutuel wagering in connection with that racing.

collecting dust.....