Not sure Vegas is higher profile but accepting that as true to allow a reset for all parties involved.
*** Official 2025 - 2026 Dallas Mavericks Season Thread ***
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Last: 1 day ago by 500,000ags
It's such a cheesy and stupid idea in the first place. Who in the hell asked for a gambling and basketball Mecca in Texas. No one did. Just more dumb **** to cater to the ignorant masses.
The Adelson's aren't pumping money into Vegas and have actively been divesting OUT (they sold The Venetian just over 3 years ago). It's a saturated market for gambling and simply coupling a sports team with a casino won't generate enough money to justify the insane cost that an expansion team would be (estimates are about $5b). Why would Dumont sell the Mavs, a team in a far more lucrative media market that he bought controlling interest of for $3.5b, sell to buy into a smaller, more expensive market? Gambling in Texas didn't happen in the short term like they hoped, but the market dynamics haven't changed to make Las Vegas a more fertile business ground than Dallas. Not even close.
Mark Cuban is regretting his decision and getting desperate. He was a buffoon to sell the Mavs below market price and trust that he could still maintain operating control. The same guy that admitted to Pablo Torre that he has been duped multiple times is trying to undo the most catastrophic.
Mark Cuban is regretting his decision and getting desperate. He was a buffoon to sell the Mavs below market price and trust that he could still maintain operating control. The same guy that admitted to Pablo Torre that he has been duped multiple times is trying to undo the most catastrophic.
500,000ags said:
If their thesis is truly gambling + NBA, go to Vegas. Whole city in the desert already built for you. Economics and opportunity; check. Reputation and Good standing, never getting that in DAL again after the trade. Go get a blank slate; check. Like most morons out of their depth though, pride is the biggest hurdle.
The Adelsons want gambling in new locations. That's their global strategy and why they sold their Vegas casinos
They'd be interested in a city that isn't Vegas but politically much more gambling friendly than Texas
The utility of Vegas declines every time gambling is legalized in another state. To compensate they're raising prices, reducing the quantity of people that can afford it, which reduces the value of the market for a sports team. No way I'd pick a Vegas team with guaranteed gambling over a Dallas team with the growth in the Dallas market and an outside chance of gambling being legalized later. If I'm the Adelson's I'm building an entertainment complex with a host of investors/busineses at a site capable of containing one (not sure how expansive the downtown plot is) and if in the future gambling gets legalized demolish/convert venues to support it.
I want them to sell, I wouldn't be surprised if they did, but it's anyone's guess if they will. Odds go up with a Dan Patrick re-election, but nowhere near a certainty.
I want them to sell, I wouldn't be surprised if they did, but it's anyone's guess if they will. Odds go up with a Dan Patrick re-election, but nowhere near a certainty.
I understand the divestiture out of Vegas, and I agree that all of this is unlikely at best. But, Texas is making porn and low-THC products illegal as a starting point. Gambling is tax revenue supercharged, so it's different, but it still faces one of the most prudish state voting blocs in the US. If Cuban puts together a 20-25% premium, which is much, much easier since he owns 25% of the Mavs, at what point does it look more than good. I stand by the fact that pride will be the biggest hurdle (and not Vegas or further ownership) since most idiots don't like admitting they have egg on their faces even though it's staining the rug.
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