Casino Gambling Legalization in Texas - 2217 Words

Texas casino legalization sought by Las Vegas Sands. December 14, 2020. Billionaire Sheldon Adelson and his Las Vegas Sands company see Texas as a super huge opportunity for future growth of Sands Casinos. The company is pushing for casino legalization in the upcoming legislative session. A Sands spokesman told the Texas Taxpayers and Research Association last week: "Texas is a worldwide Texas has been one of the states to resist the legalization of casino gambling for quite some time. Now, this may be changing as Las Vegas Sands Corporation founder and CEO Sheldon Adelson has taken interest in the state politics and expressed support for a potential expansion of gaming.. Adelson is known as a benevolent casino mogul in places like Las Vegas, Nevada where his company continued Previous Attempts at Casino Legalization Hit a Snag in Texas. During the previous legislative session, House Representative Joseph Deshotel of the Beaumont District submitted a bill that would have allowed Texans to vote for regulated casino gaming in some areas along the state’s coast. Rep. Deshotel’s idea was to use the extra tax revenue to boost the funds for aiding people who reside in Texas Lt. Gov. Dan Patrick pictured above. The future of any casino legalization bill may rest on his decision. (Image: Sergio Flores/Bloomberg via Getty Images) State Rep. Joe Deshotel, a Democrat, said that now may be the best time for Texas to revisit its gambling laws. The lawmaker went on that the legalization of casinos would “keep Texas money in Texas.” All of Texas’ neighboring states have at least one casino near or at the state line, luring Texans to gamble at their gambling establishments. So when Las Vegas casino magnate Sheldon Adelson and his wife, Miriam, spent $4.5 million to help Republicans keep control of the Texas House in 2020, heads turned. Texas Casino Bill Introduced, Would Permit 12 Destination Resort Venues. Posted on: March 6, 2019, 01:00h. Last updated on: March 6, 2019, 06:50h. Regardless of your opinion of gambling, the legalization of casino gambling is important because of all the benefits it will bring for the citizens of Texas. III. Jim Pitts, Texas House Appropriations Chairman, said that legalized casinos in Texas could bring in one billion dollars in the first two years and about four billion dollars each subsequent year (Stutz, 2010). The legalization of casino gambling in Texas is the appropriate way to improve the economy of the state with the help of focusing on the issue of taxation and on the expected casino revenues. In his work Legalized Casino Gaming in the United States: The Economic and Social Impact, Hc Hsu notes that Nevada was the first state in the United States where casino gambling was legalized in 1931 as Texas has the strictest gambling laws in the country, but could the state benefit from changing its outlook? Texas Hold ‘Em is perhaps the most popular card game in the world, but if you were to

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