Tex. Rev. Civ. Stat. Ann. art. 8654
A bucket shop is hereby defined to be and mean any place of business wherein are made contracts of the sort or character denounced by the preceding Section 3 of this Act, and the maintenance or operation of a bucket shop at any point in this State is prohibited.
Acts 1925, 39th Leg., p. 38, ch. 15, Sec. 4.