{"id":7648,"date":"2024-08-01T07:39:00","date_gmt":"2024-08-01T07:39:00","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/08\/01\/las-vegas-sands-pushes-for-gambling-legalization-and-resort-development-in-texas\/"},"modified":"2024-08-01T07:39:00","modified_gmt":"2024-08-01T07:39:00","slug":"las-vegas-sands-pushes-for-gambling-legalization-and-resort-development-in-texas","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/08\/01\/las-vegas-sands-pushes-for-gambling-legalization-and-resort-development-in-texas\/","title":{"rendered":"Las Vegas Sands Pushes for Gambling Legalization and Resort Development in Texas"},"content":{"rendered":"<div>\n<p>Las Vegas Sands is making a concerted effort to gain support for the legalization of gambling and the creation of destination resorts in North <a href=\"https:\/\/igaming.org\/casino-news\/las-vegas-sands-files-petition-for-casino-legalization-in-texas\/\">Texas.<\/a> This push comes as the company gears up for the 2025 legislative session. The move is part of a broader strategy to enhance lobbying efforts and secure favorable legislation for their ambitious projects.<\/p>\n<p>Las Vegas Sands, known for owning the Dallas Mavericks, is actively seeking endorsements from key business and city leaders across North Texas. The company\u2019s Senior Vice President of Government Relations, Andy Abboud, recently met with representatives from major cities including Dallas, Fort Worth, Irving, Arlington, Farmers Branch, and Visit Dallas. The meeting, organized by the North Texas Commission and the Texas Association of Business, aimed to build a coalition in favor of gambling expansion.<\/p>\n<p>During this gathering, Abboud emphasized the potential economic benefits of legalized gambling and destination resorts. Arlington Mayor Jim Ross, Irving Mayor Rick Stopfer, and Dallas City Council Member Chad West were among the notable attendees. Although Council Member West expressed personal reservations about gambling, he acknowledged the economic impact it could bring.<em> \u201cI\u2019m personally not a gambler, and I don\u2019t really want to be. But I do think it\u2019s an industry that has an incredible economic impact opportunity. I unequivocally believe Texas will legalize gambling, and, because of that, I think we have a fiduciary duty as representatives to be prepared for that,\u201d<\/em> West stated.<\/p>\n<h2>Economic Impact and Future Plans<\/h2>\n<p>Sands has already made a significant investment in the region by acquiring 108 acres in Irving, near the former Dallas Cowboys stadium. This acquisition signals the company\u2019s commitment to developing major resorts if gambling is legalized.<\/p>\n<p>The North Texas Commission is forming an exploratory committee to assess the impact of gambling. This committee will include a wide range of stakeholders, such as social services, public safety experts, and business leaders. Patrick Brophey, the Commission\u2019s Chief Operating Officer, highlighted that the committee will be open to all significant regional stakeholders, including those opposed to gambling.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow noopener\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Sands projects that legalized gambling could generate a $13 billion increase in Texas\u2019s GDP, create 70,000 permanent jobs, and 185,000 construction jobs. The Dallas-Fort Worth area alone could see a $34.7 million boost in tax revenue, including $5.9 million from sales tax and $28 million from property taxes.<\/p>\n<p>Looking ahead, Sands envisions establishing two destination resorts in the Dallas-Fort Worth area and up to five more locations across the state if the amendment passes. The company has invested heavily in this initiative, with Miriam Adelson and Patrick Dumont, owners of the Dallas Mavericks, spending millions to support gambling legislation. Adelson has already invested at least $13 million in Texas this year, advocating for pro-gambling groups like the Texas Destination Resort Alliance.<\/p>\n<p>Despite strong public support for gambling, previous legislative efforts have stalled. Legalization would require a constitutional amendment and voter approval, marking a significant hurdle for Sands\u2019 plans.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/las-vegas-sands-pushes-for-gambling-legalization-and-resort-development-in-texas\/\">Las Vegas Sands Pushes for Gambling Legalization and Resort Development in Texas<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Las Vegas Sands is making a concerted effort to gain support for the legalization of gambling and the creation of destination resorts in North Texas. This push comes as the company gears up for the 2025 legislative session. The move is part of a broader strategy to enhance lobbying efforts and secure favorable legislation for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7648","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7648"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7648\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}