• Are There Casinos In Texas
• Indian Gambling Casinos In Texas
• Are There Gambling Casinos In Texas
• Gambling Casinos In Houston Texas

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The billionaire owner of the largest casino operator in the world has his eyes set on the state Capitol in Austin, hoping to convince state lawmakers to legalize casino gambling in Texas.

Sheldon Adelson—multi-billionaire casino tycoon, GOP national mega-donor, and chairman and CEO of the Las Vegas Sands Corporation—has made striking moves recently in the political chess game of the Texas legislature.

This election cycle, he and his wife poured $4.5 million into Texas Republicans’ campaign to keep control of the state House, which made him one of the top donors of the season. Now, he’s hired 10 high-powered lobbyists to go to Austin and influence state lawmakers in the upcoming legislative session.

Adelson’s noteworthy lobbyist crew includes current and former high-ranking government officials, including former chiefs of staff to disgraced Speakers of the Texas House Joe Straus and Dennis Bonnen.

Adelson’s moves raise questions and rumors of what they are planning in the Lone Star State, as the legislature begins in just over a month. This week, however, one of Las Vegas Sands’ lobbyists made their plans clear—they view Texas as a potential jackpot for their business, and they’re upping the ante in their quest to bring casinos here.

“We view Texas as a worldwide destination and one of the top potential markets in the entire world,” said lobbyist Andy Abboud during a conference hosted by the Texas Taxpayers and Research Association. He spoke for over half an hour on their proposal to legalize casinos.

“Texas is considered the biggest plum still waiting to be out there in the history of hospitality and gaming,” Abboud said.

“The entrance of someone with gravitas and deep pockets such as Sheldon Adelson could be just what the pro-gambling movement needs to unify its efforts behind a common goal,” Mark P. Jones, a fellow in political science at Rice University’s Baker Institute, told Casino.org.

“It could well be that Adelson’s donations were a twofer, helping to ensure continued GOP control over congressional redistricting in Texas and strength in the U.S. House, while also earning the gratitude of Texas Republican legislators for helping them retain control of the Texas House, with an eye toward the adoption of casino gambling in 2021,” said Jones.

Furthermore, some see the present as a prime opportunity to sway lawmakers to legalize commercial casinos, since the state government is facing a cash shortfall due to coronavirus shutdowns. They argue the increased tax dollars would be a windfall for the state.

“Now may be the best opportunity that casino gambling has had in quite a while,” said State Rep. Joe Deshotel, a Port Arthur Democrat who tried unsuccessfully last legislative session to propose a constitutional amendment legalizing casino gambling along the Texas coast.

But would casinos ultimately help or harm Texans? Evidence suggests the latter.

“Evidence from the health and social sciences suggests that the new American casinos are associated with a range of negative health, economic, political, intellectual, and social outcomes,” wrote the Institute for American Values in a comprehensive report on the consequences of casinos. “For this reason, we view state sponsorship of casino gambling as a regressive and damaging policy.”

The IAV report details how the presence of a local casino—many of which are not Las Vegas-style resort hotels, but rather just large facilities full of computer gambling machines—essentially acts as a parasite on the community.

“Numerous studies show that living close to a casino is a key factor in more frequent gambling. More frequent gambling increases the risk of serious problem gambling,” read the report.

“Problem and pathological gamblers” are who casinos rely on for 35 to 50 percent of their revenue, according to the report. Extracting and exhausting money from these problem gamblers—often low-income citizens—consequently wreaks havoc on local families, children, businesses, and communities.

Additionally, according to the economists at the National Association of Realtors, the impact of casinos on neighboring property values is also “unambiguously negative.” Unlike businesses such as movie theaters or sports stadiums, which are time-limited entertainment and often encourage nearby shops and economic flourishing, casinos are specifically engineered to be an all-consuming place, where customers often do not leave until their money is drained.

“The social costs associated with gambling can be substantial, frequently referenced as crime, bankruptcy, and various forms of social degradation,” wrote the NAR.

“Personal bankruptcy rates are higher in communities with nearby casinos. The rates are highest in areas where the casinos have been the longest,” the report continued.

Texans concerned about legalized casino gambling can contact their state representative and state senator. The Texas legislature begins their session on January 12.

Are There Casinos In Texas

• Sheldon Adelson, billionaire and owner of Las Vegas Sands, has hired lobbyists in the state of Texas with the goal of legalizing casino gambling in the state.
• Current laws limit gambling in Texas to bingo, horse/greyhound races, and the state lottery.
• Texas House Bill 477 would tax casinos 18% of their gross gaming revenue and would assign the Texas Lottery Commission as the regulator of the industry.

Indian Gambling Casinos In Texas

AUSTIN, Texas – Texas has long held strong views against gambling, despite having the second-largest population in the country. But, with COVID-19 putting a huge dent in the state budget, could legal casino gambling in Texas come to the rescue? The billionaire owner of Las Vegas Sands, Sheldon Adelson thinks so.

Las Vegas Sands has already hired 10 lobbyists to try and push the agenda in the 2021 legislative session. TX HB 477 has been pre-filed in the state House of Representatives and will act as the starting point of conversation between lawmakers next month.

“We view Texas as a worldwide destination and one of the top potential markets in the entire world,” saidAndy Abboud, top lobbyist for Las Vegas Sands during a conference hosted by the Texas Taxpayers and Research Association. “Texas is considered the biggest plum still waiting to be out there in the history of hospitality and gaming.”

What Exactly Is In The Bill?

The Texas casino gambling bill would technically legalize Class III gaming which according to the bill consists of “any game of chance, including a game of chance in which the outcome may be partially determined by skill or ability, that involves the making of a bet.”

The bill however does not mention legal gambling online specifically, leaving the door open for legislators to consider it.

The entities that would qualify for casino operator licenses would include the current greyhound and horse racing tracks as well as current tribal-owned gambling venues. That would be nine total.

The Texas Lottery Commission would be in charge of regulating the industry. Casino locations would be taxed 18% of their gross gaming revenue. Taxes collected would be put toward the Texas Windstorm Insurance Association. The legal age to gamble at casinos in Texas would be set at just 18 and up.

If legalized the way it is now, the bill would actually take effect until December 1, 2021. Rules would still then have to be published. That process wouldn’t be able to start until May 1, 2022.

What Are The Bill’s Chances Of Passing?

While the bill already has a head start and the backing of Sheldon Adelson, it doesn’t mean that the bill is guaranteed to pass.

“We think that the elected members of the Legislature, as in the past, would recognize that this type of opportunity is not economic development and will end up hurting the state more than it would end up helping it,” said Rob Kholer, a lobbyist for Texas Values and the Texas Baptists Christina Life Commission.

Are There Gambling Casinos In Texas

Texas lawmakers have long-held conservative views on gambling and have fought against its legalization despite having such a large market for it.

Gambling Casinos In Houston Texas

However, given how much economic damage has come from COVID-19, the 2021 legislative session might be the best shot a casino bill has ever had in Texas.