|
|
|
 |
Texas Gambling Market Stands Ready to Open
AUSTIN, TEXAS --
Texas laws have long prevented the state's residents from enjoying their love of gambling, but many are hoping the likely ascension of Joe Straus to the position of state Speaker of the House may signal change. Straus' family has significant ownership in what passes for horse racing in Texas.
Gambling has been an increasingly discussed topic in the state capitol of Austin. The state's laws are presently among the most restrictive in the US, trailing only Utah and Hawaii for most hostile to gaming interests. But the need for revenues and the sight of other states raking in huge sums has many Texans asking why not them.
Galveston, the resort island on the Gulf of Mexico, has been decimated by Hurricane Ike, and the location of casinos there would surely aid recovery. Galveston also has a gambling past, and could link the presence of gambling to the town's historic nature and feel.
Another entrepreneurial group has designs to build twelve or more destination casinos throughout the state, and is lobbying hard for the laws to loosen. Indian tribes await any possible shift in the law, as the federal regulations allow tribes the right to offer any form of gambling available elsewhere in the state.
Still, Straus spoke cautiously, telling reporters he will avoid promoting gambling to prevent accusations of a conflict of interest. Pro-gambling forces admitted economic concerns were more likely to bring change to Texas gambling law than new leadership in the legislature.
Previous Gambling Law News Articles
Recent Comments
| Posted by Demetrio ortegon on 11/06/2010 04:47:37 PM EST |
| There's casinos 5 miles off our north border and 6 miles from our eastern border. people for Texas pour into OK. and La. every day to gamble. Why not Tex. |
Post A Comment
|
 |
|
|
|
