Mark Cuban’s Dream for Casino Gambling Dies in Texas House – The Real Deal

Casino resorts could make Texas the top-ranked tourism state in the nation. Thats according to Dallas Mavericks owner Mark Cuban, but Texas lawmakers wont be green-lighting gambling in this session of the Texas Legislature, which ends May 29.

The Texas House of Representatives killed a proposal, authored by Rep. Charlie Geren, that aimed to open up Texas metro areas to gambling casinos attached to hotel, retail and entertainment districts, but the proposal advanced further than similar proposals from the past, the Dallas Morning News reported.

The proposal called for a referendum in the Nov. 7 election that wouldve allowed Texas voters to decide if they should be legal. The legislation was abandoned after it became clear there werent enough votes for approval in the Texas House.

The billionaire business mogul and Shark Tank star said Texas doesnt have a year-round attraction that makes it a dream destination for big events.

Ask your out-of-state friends how often they have saved up to (bring) their family to Texas, Cuban told the outlet. Ask anyone how often they look forward to coming here during the summer. You already know the answer.

The gambling aspect isnt as important as overall tourism, he said. Casino resorts could make way for more Broadway-style shows, sporting events and entertainment for children, he said.

The House at least approved legislation that would legalize mobile sports betting in Texas, via voter referendum, but this isnt the session for sports betting either, as the Texas Senate doesnt support it.

Casino company Las Vegas Sands has made a push for casino resorts in the Lone Star State, hiring a swarm of Austin lobbyists and donating millions to sway Texas lawmakers.

Quinn Donoghue

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Mark Cuban's Dream for Casino Gambling Dies in Texas House - The Real Deal