Mark Cuban Supports Gambling Expansion In Texas

Texas is known for many things, but domestic casinos and sportsbooks are not one of them. However, that could change with new proposed legislation and support from major players like Mark Cuban.

Senate Joint Resolution 17 (SJR 17) is a recently proposed legislation drafted by Sen. Carol Alvarado to legalize domestic casino gambling in Texas. Currently, there are three tribal-owned casino resorts in Texas, but SJR 17 would allow for privately owned-casino resorts. 

Cuban’s Plan For A Dallas Casino

Mark Cuban recently told the Dallas Morning News that he believes that casino destinations in the Dallas area would draw more tourism and should be a centerpiece of the area. 

Cuban has already expressed interest in partnering with the Sands Corporation for a Dallas area casino resort. Sands has already been lobbying Texas lawmakers for years and has created the Vegas Sands PAC, which donates millions of dollars to Texas politicians to pass new legislation allowing domestic gambling.

According to the proposed legislation, SJR 17, a metropolitan casino in an area with roughly 5 million people, will require an initial investment of USD 2 billion. 

Legitimate Online Texas Casinos

Despite the lack of metropolitan casino destinations, there are legitimate online casinos for Texas players. Online casinos outside of the state are allowed to operate online as there is no legislation forbidding offshore or out-of-state gambling. 

Online casinos feature several perks that domestic casino locations can’t match. One of the best features online casinos have is the multiple banking options, including cryptocurrencies. The fastest-paying online casinos are always casinos that accept and payout with crypto. 

Current Texas Casinos

There are currently three tribal casinos in the state of Texas: Naskila Casino (Livingston), Kickapoo Lucky Eagle Casino (Eagle Pass), and Speaking Rock Casino (El Paso). Tribal casinos in Texas can operate Class II gaming options, including bingo-type slot machines and non-banked card games.