Does casino gambling and/or sports betting have a shot at getting on the ballot this November here in Texas?
We say: It's a long shot.
Texas Governor Greg Abbott has already thwarted one attempt to get the state lottery into the sports-betting business and is generally averse to gambling expansion, while Lt. Gov. Dan Patrick also opposes the introduction of casinos and has gone so far as to say that sports betting is “not going to see the light of day.”
Back when Sheldon Adelson was still alive, he might have committed a tactical error by putting all his chips on the Texas GOP (which also received several million dollars of his money). Republicans in the Texas Legislature have made little show of gratitude for Adelson’s largesse, at least when it came to Adelson's gambling ambitions in the Lone Star State.
To their credit, some of them filed a bill in the Lege (as the late columnist, commentator, and humorist Molly Ivins dubbed it) that would authorize four destination resorts, slated for Dallas-Fort Worth, Houston, San Antonio, and Austin. The minimum amount of investment would vary according to the size of the market ($2 billion for the larger cities, $1 billion for the smaller ones). Sports betting would also be legitimized. Horse tracks in Dallas-Fort Worth, Houston, and San Antonio would be juiced into slot machines, as would dog tracks in Harlingen and Corpus Christi.
In observance of the Indian Gaming Regulatory Act, tribal casinos in El Paso, Eagle Pass, and Livingston would be extended full-gambling status, which they do not currently enjoy. (They’ve fought a running engagement with the state for decades to offer any gambling at all.) All slots would be taxed at 25%, table games at 10%.
While Abbott is currently hedging his stance on gaming, taking a wait-and-see attitude, Patrick continues to pour cold water on the idea, saying it lacks the votes in the state Senate.
Even if the bill gets out of the Lege and across Abbott’s desk, it’s not a sure thing with voters. A University of Texas/Texas Tribune poll found only majority support for the general idea (a two-thirds supermajority is needed) and just 41% support for casino-megaresorts.
Las Vegas Sands claims its polling shows much higher levels of public approval … but Sands is not exactly a disinterested party. We hope gambling makes it onto the November ballot, but being realists, we're guardedly pessimistic at this point.
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