TX SB2752

Establishes a licensing framework for fantasy contest operators in Texas, requiring a license from the Texas Lottery Commission to offer paid fantasy sports contests where participants assemble fictional rosters of real athletes and compete based on statistical performance

Imposes a 10% tax on operators' adjusted gross fantasy contest receipts (entry fees collected minus prizes paid), with monthly reporting and payment requirements beginning July 1, 2026

Sets initial license fees ranging from $5,000 for new operators to $500,000 or 8% of prior year adjusted gross receipts for existing operators, with 4-year license terms and 1% renewal fees

Explicitly declares fantasy contests conducted under this chapter are not gambling under Texas law, while requiring operators to implement age verification (18+), geolocation technology, identity verification, and anti-fraud/money laundering procedures

Mandates consumer protections including voluntary self-exclusion lists, problem gambling assistance statements on platforms and advertising, and prohibits athletes, coaches, and team staff from participating in contests involving their sport's governing body