"Texas Legislature Takes Pass On Online Gambling Measure"

The amazing revenue benefits of the online gaming industry are not being lost on many state governments that are beginning to take notice. They have not lost sight of the incredible revenue generating possibilities that it promises. Therefore there are in fact some state legislatures that are trying to adopt measures that will make Internet gambling a legal activity in their respective states. For instance, the state of Texas, which is one of these states, is contemplating an additional $275 million in state revenues that experts have calculated could be available to the state. The Texas state legislature recently attempted to pass a proposal for a state-sponsored online gambling site. The proposal, however, was in the end not incorporated in the state budget plan in spite of the incredible revenue generating likelihood of the online gambling industry. A lottery resolution is one of 46 proposals that are being considered at this time, as a part of the state’s budget plan.

If the Internet gambling measure were to be adopted, it would make it legal for Texas state residents to play the lottery using ATM cards, debit cards, or by maintaining an account with the Texas Lottery Commission.

It seems that members of the Texas House Appropriations Committee don't feel that the extra revenue is necessary as the committee chairman his been quoted as stating that the measure will nevertheless only contribute an additional one billion dollars to the current budget plan.