The latest effort to legalize for-profit fantasy sports leagues in Texas appears to be dead.
State Rep. Richard Peña Raymond had proposed legislation that would designate fantasy sports as legal, skill-based games, in direct contradiction to an opinion handed down by Texas Attorney General Ken Paxton last year deeming fantasy sports illegal gambling.
With his own fantasy sports bills unable to gain traction, he succeeded in convincing House members to instruct the conference committee on Senate Bill 2065, which addresses state licensing issues, to include language from his House Bill 1457.
Ultimately, however, the fantasy sports legalization language in HB 1457 does not appear to have made it into SB 2065, with members of the conference committee evidently shrugging off the House instructions.
Participants in daily fantasy sports contests pay an entry fee, create teams from a menu of professional or amateur athletes, and then compile points based on statistical performance, such as yards gained and touchdowns scored in football. Money is awarded to the owners of the top teams in the online games, which typically last one day to one week.