{"id":19879,"date":"2026-11-09T08:19:50","date_gmt":"2026-11-09T13:19:50","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=19879"},"modified":"2026-11-09T08:19:52","modified_gmt":"2026-11-09T13:19:52","slug":"texas-sports-betting-push-gains-momentum-as-jones-and-penn-step-up-pressure","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/texas-sports-betting-push-gains-momentum-as-jones-and-penn-step-up-pressure\/","title":{"rendered":"Texas sports betting push gains momentum as Jones and PENN step up pressure"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Texas, United States, November 8, 2026.<\/strong> <strong>Jerry Jones<\/strong>, owner, president, and general manager of the <strong>Dallas Cowboys<\/strong>, and <strong>Jay Snowden<\/strong>, President and CEO of <strong>PENN Entertainment<\/strong>, are pushing for the legalization of sports betting in Texas following the <strong>November 3 elections<\/strong>, which changed the state&#8217;s political landscape.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Jones publicly supported legal sports betting during his <strong>November 6 interview on 105.3 The Fan<\/strong>, arguing that the election results could create new opportunities for regulated wagering, sports franchises, and fans. The political shift followed the victories of <strong>Gina Hinojosa<\/strong>, who defeated Governor <strong>Greg Abbott<\/strong> with <strong>5,230,789 votes against 4,524,527<\/strong>, and <strong>Vikki Goodwin<\/strong>, who defeated Lieutenant Governor <strong>Dan Patrick<\/strong> with <strong>5,083,581 votes against 4,484,652<\/strong>. Abbott and Patrick remain in office until January 2027, while Republicans retain control of the Texas Senate.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"556\" height=\"335\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-88.png\" alt=\"\" class=\"wp-image-19883\" style=\"aspect-ratio:1.6610169491525424;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-88.png 556w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-88-300x181.png 300w\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Gina Hinojosa<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, Snowden confirmed during PENN&#8217;s <strong>November 5 third-quarter earnings conference<\/strong> that the company intends to intensify its legislative engagement in Texas. PENN already operates <strong>Sam Houston Race Park in Houston<\/strong> and <strong>Retama Park in Selma<\/strong>, giving the company an established presence in the state&#8217;s horse racing industry. Snowden also highlighted its relationship with the <strong>Chickasaw Nation<\/strong>, associated with <strong>Lone Star Park<\/strong> in Grand Prairie.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#8217;s third-quarter revenue reached <strong>US$1.84 billion<\/strong>, compared with <strong>US$1.717 billion in 2025<\/strong>, while adjusted EBITDA increased to <strong>US$284 million<\/strong>. Net income reached <strong>US$32.6 million<\/strong>, and interactive gaming revenue totaled <strong>US$348.4 million<\/strong>. <strong>Josh Kirschner<\/strong>, a gaming attorney at <strong>Holland &amp; Knight<\/strong>, anticipates increased lobbying activity as operators evaluate the legislative opportunities created by the elections.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"885\" height=\"537\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-89.png\" alt=\"\" class=\"wp-image-19884\" style=\"aspect-ratio:1.6452513966480447\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-89.png 885w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-89-300x182.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/11\/image-89-768x466.png 768w\" sizes=\"auto, (max-width: 885px) 100vw, 885px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Josh Kirschner<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, commercial sports betting remains prohibited in Texas. A constitutional amendment would require approval from <strong>two-thirds of both legislative chambers<\/strong>, equivalent to <strong>100 votes in the House of Representatives and 21 in the Senate<\/strong>, followed by approval from voters in a statewide referendum. Previous proposals, including <strong>HJR 134<\/strong>, introduced by Representative <strong>Sam Harless on February 12, 2025<\/strong>, and <strong>SJR 65<\/strong>, associated with Senator <strong>Juan \u201cChuy\u201d Hinojosa<\/strong>, failed to establish a legal market.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Texas Racing Commission<\/strong>, chaired by <strong>Robert C. Pate<\/strong>, continues overseeing authorized horse racing and pari-mutuel wagering. The next legislative cycle begins in <strong>January 2027<\/strong>, with early bill filing opening on <strong>November 9, 2026<\/strong>. PENN, whose Chief Financial Officer is <strong>Felicia Hendrix<\/strong>, has not disclosed a Texas-specific investment commitment, projected gambling tax revenue, or potential sports betting licensing costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas, United States, November 8, 2026. Jerry Jones, owner, president, and general manager of the Dallas Cowboys, and Jay Snowden, President and CEO of PENN Entertainment, are pushing for the legalization of sports betting in Texas following the November 3 elections, which changed the state&#8217;s political landscape.<\/p>\n","protected":false},"author":1,"featured_media":19880,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1458,57,15,102,585,354,105,1481],"class_list":["post-19879","america","type-america","status-publish","format-standard","has-post-thumbnail","tag-america","tag-casinos","tag-gambling","tag-online-betting","tag-online-gambling","tag-responsible-gambling","tag-sports-betting","tag-texas","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Texas sports betting push gains momentum as Jones and PENN step up pressure - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Texas, United States, November 8, 2026. Jerry Jones, owner, president, and general manager of the Dallas Cowboys, and Jay Snowden, President and CEO of PENN Entertainment, are pushing for the legalization of sports betting in Texas following the November 3 elections, which changed the state&#039;s political landscape.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/america\/texas-sports-betting-push-gains-momentum-as-jones-and-penn-step-up-pressure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas sports betting push gains momentum as Jones and PENN step up pressure - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"Texas, United States, November 8, 2026. 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