In a significant move that could reshape the entertainment and economic landscape of Texas, a coalition financially supported by the Las Vegas Sands Corp.—now under the ownership of the Adelson and Dumont families who recently acquired the Dallas Mavericks—is vigorously campaigning to legalize casino gambling in the state. This initiative, however, faces a steep legislative climb, as it requires a two-thirds majority in both the Texas House and Senate before being presented to voters for final approval on a state ballot.
The push for legalization is spearheaded by the Texas Destination Resort Alliance, a group funded by Las Vegas Sands Corp., which aims to introduce luxury resorts complete with high-end entertainment and dining options to Texas. The coalition’s ambitious plan seeks to not only transform Texas into a hub for premier entertainment but also boost local economies through new developments in casino-style gambling.
The narrative of this campaign gained new momentum following the sale of the Mavericks to the Adelson family by former team governor Mark Cuban, who remains involved in the basketball operations of the team. Cuban’s decision to sell the team aligns with a broader vision to develop a new arena and casino resort, potentially elevating the Dallas area to one of the top travel destinations in the United States. Despite this vision, and multiple attempts by supporters like the Adelson-owned Las Vegas Sands Corporation to change legislation, casino gambling continues to face legal barriers within Texas.
A briefing by a Dallas City Council committee in January highlighted the ongoing discussions about the potential introduction of casinos to the city. Dallas City Council Member Chad West emphasized the city’s proactive stance, suggesting that failure to prepare for potential legalization would be a significant oversight. West pointed out that neighboring cities like Irving and Grand Prairie are already strategizing for the possibility of gambling legalization at the state level, underlining the widespread municipal interest in this issue.
In a statement during Las Vegas Sands Corp.’s quarterly investor call, Patrick Dumont, acting governor of the Dallas Mavericks and President and COO of Las Vegas Sands Corp., reiterated the company’s commitment to fostering the development of integrated resorts in Texas. Dumont expressed optimism about the prospects for liberalizing gaming laws, highlighting the potential to develop unique tourism assets, particularly in Dallas.
The push for legalized gambling in Texas is part of a national trend, as evidenced by the record $66.5 billion spent on commercial gaming in 2023, reflecting a substantial increase from the previous year. This data, reported by the American Gaming Association, underscores the growing economic impact of gaming industries and their potential to contribute significantly to state revenues.
Despite these robust advocacy efforts and economic arguments, the path to legalization is fraught with political challenges. Past legislative sessions have seen proposals for gambling expansion fail to gain sufficient traction. State Rep. Charlie Green (R-Fort Worth) authored a bill in the last session to permit casinos in Texas, which did not progress out of the State House. Similarly, a bill concerning online sports betting passed the House but stalled thereafter.
Lt. Gov. Dan Patrick has previously expressed opposition to broadening gambling in Texas, signaling a lack of support in the Senate for such measures. However, the political landscape may be shifting. According to Council Member West, there is a growing sentiment within the state legislature that some level of gambling legalization is imminent. West speculated that the current session might see at least limited approval of gambling licenses, akin to the state’s cautious approach to medical marijuana.
In summary, the campaign to legalize casino gambling in Texas represents a complex interplay of economic aspirations, political negotiations, and social considerations. As stakeholders from various sectors rally either in support or opposition, the outcome of this legislative effort will significantly influence the state’s economic landscape and its position as a potential leader in the national gaming industry.
