Las Vegas Sands Aims to Bring Casino to Texas
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The casino empire Las Vegas Sands wants to bring casinos in Texas. The company's CEO Sheldon Adelson died this year. Before Adelens' death, the new state House speaker said that casinos needed to be treated as a long-term commitment. Las Las Vegas Sands is working with lawmakers this session to present the potential opportunities for economic development and jobs for the state.
Texas has strict gambling laws. Three Native American tribes operate casinos in Texas. Texas governor supports the law. Las Vegas Sands tried to enter online sports betting industry. Sheldon Adelson had opposed it. Rob Goldstein is considering it now. The decision will be based on the current coronavirus pandemic. The pandemics brought significant losses for the industry and Las Vegas Sands is no exception.
