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“If voters approve the ballot measure we can move forward.”
Texas State Republican Charlie Geren is once again putting forward proposed legislation that would bring up to ten casinos to Texas, if approved by voters as a constitutional amendment.
Texas currently has a state lottery, horse and greyhound racing and some tribal casinos. Geren’s proposal would allow: “The constitutional amendment to permit the Legislature, by general law, to authorize and regulate casino gaming and sports wagering at a limited number of locations in this state, require licenses and license application fees for operators, and impose a tax on casino gaming and sports wagering revenue.”
“If they say ‘no,’ then we’re done with it forever,” Geren said. “If voters approve the ballot measure? “We can move forward.”
Big-name operators such as Wynn Resorts and Las Vegas Sands have long viewed the potential of Texas. In March, the Las Vegas Sands-funded Texas Sands PAC and Texas Defence PAC failed again to get the casino debate to fruition.
“The whole landscape changed,” said Craig Billings, CEO of Wynn. “Texas is a fascinating market. So it’s kind of a stealth market that is giant.”
Sands Chairman and CEO Patrick Dumont recently said: “When Las Vegas Sands thinks about Texas and the Metroplex, it’s really about an asset that will be both for business and future tourism. Whatever Las Vegas Sands can do in the future, that will be its own location, its own site and its own timeline.”
Image by Quintin Soloviev – Own work, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=188743178
