Casinos in Texas

3,838 Views | 24 Replies | Last: 2 yr ago by malenurse
TexasAg95
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AG
I see they fell just short in a May vote. Do you foresee there being casinos in Texas in the future? If so, when?

Is the industry worth getting into if there are legs for it to happen?
permabull
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AG
No... The ones in Vegas, Oklahoma, and Louisiana make campaign contributions to our elected officials to try and keep it illegal here.
one MEEN Ag
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AG
I don't see them as the 'economic boom' they're always touted to be. They give low to mid-low paying jobs. They're a vice. Its a net negative on the communities surrounding them. The only people who really get rich are the owners. There is not much middle management, high paying jobs. Its not a part of economic trade that leads to flourishing.

To get them in texas, the state has to cede equal footing to native american tribes. There will be a bunch of outright fake to extremely flimsy stories pop up about how such and such place is indian land now because some local homeless person is actually a descendant of a tribe and actually takes their indian heritage seriously (after being paid).
AggieRAGE
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AG
Agree. All I'd want is legal online sports betting platforms. Don't need the casino part.
ABATTBQ11
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AG
They're not an economic boom. Casinos suck money from their local economies because they a) don't pay out on jobs or local purchases more than they bring in, and what they bring in from locals pulls revenue from other other local businesses.

At the end of the day, casinos don't bring much of anything into a community. Quite the opposite. Vegas only makes money on gambling and sees a net positive because it was ahead of the pack and has become a destination for outsiders to come in and drop money. They're a tourist city centered around gambling. Unless a city can replicate that, which no one really can, they're just asking for trouble with casinos.

Indian reservations and other locations can make money as secondary having destinations more convenient than Nevada for towns and cities around them, but none of them hold a candle to the money flowing into Vegas. If you legalize gambling and casinos in more states and dilute the pool of people going to places like Lake Charles, ShreveBo, or one of the reservations, you'll see they practically all just suck up money from their surroundings.
txaggieacct85
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AG
no thanks to casinos
Brian Earl Spilner
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AG
If you put a casino in SPI, tourism would boom. You've got plenty of hotel rooms, and room for more. And plenty for the kids to do while the parents gamble.

I think it could compete with AC within 20 years.
permabull
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AG
Its so easy/cheap to fly to Vegas I don't see how we could put a dent into that in Texas. Especially if they screw it up like Oklahoma with no free drinks and antes required for table games.
Diggity
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AG
the nearby population demographics would strongly disagree with you there.
Brian Earl Spilner
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AG
How so?
Diggity
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AG
There's huge population centers that are an easy drive to AC. Looks like around 7 million folks within 75 miles.

Not the case for SPI.

Brian Earl Spilner
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AG
But you're not accounting for Monterrey. One of the biggest cities in Mexico, and already has a ton of folks who own in SPI, and millions more that visit.
Diggity
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AG
Monterrey is 4+ hours away, and has their own casinos.

just not seeing the comparison.
Brian Earl Spilner
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AG
It's more like 3 (by toll roads), and a drive that a ton of folks already make every weekend. Especially in the summer.
fka ftc
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one MEEN Ag said:

I don't see them as the 'economic boom' they're always touted to be. They give low to mid-low paying jobs. They're a vice. Its a net negative on the communities surrounding them. The only people who really get rich are the owners. There is not much middle management, high paying jobs. Its not a part of economic trade that leads to flourishing.

To get them in texas, the state has to cede equal footing to native american tribes. There will be a bunch of outright fake to extremely flimsy stories pop up about how such and such place is indian land now because some local homeless person is actually a descendant of a tribe and actually takes their indian heritage seriously (after being paid).
You talking about Sugar Land?
"The absence of the word accountability is not the same as wanting no accountability" -unknown

"You can never go wrong by staying silent if there is nothing apt to say" -Walter Isaacson
chris1515
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AG
OP are you looking at it from a career perspective?

If so, I'd suggest moving to Vegas and getting hired on with a casino company there and getting into the industry there. I'd suspect IF they ever open casinos here in Texas that whatever local level mgmt jobs there are will be staffed with experienced hands from other parts of the country. If you're just looking for a basic lower level job, sure, if the opportunity presents itself, it's worth a shot.

I don't think you'll see those in TX anytime soon though. Those "freedom loving" Republicans in Austin haven't gotten around to loving that particular freedom just yet.
Drawkcab
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AggieRAGE said:

Agree. All I'd want is legal online sports betting platforms. Don't need the casino part.

Agreed. I'd love to be able to bet online. I wanted to put some money on Weigman for the Heisman before the game but I couldn't figure out how to do it online and my hook up in Vegas failed me.
LostInLA07
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AG
When there are casinos in Texas, the first two will be at Kemah and either the Galveston pleasure pier or the parking lot behind the San Luis. Tilman already has the "conference lounge." IYKYK.
lctag
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AG
OP you're in luck! Everyone seems to have forgotten there is already a luxury casino resort in Eagle Pass, TX.

https://luckyeagletexas.com/

Quacked
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Naskilla in Livingston as well
switzerland
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I'd love to see a few casinos in Texas. I go to Lake Charles 4-5 times a year and the parking lot is filled with cars with Texas plates. Sit at a blackjack table and half the people there are from the Houston area. I go to Vegas 3-4 times a year and while nothing will compare from the entertainment and restaurant perspective I would love to see 3-4 open around Texas. If there was one on the coast between Galveston and Corpus with a good golf course, some good restaurants and an upscale casino it would mean I never went to Lake Charles and would only go to Vegas to maintain my status with MGM. Doubt it will happen in my lifetime though.
I'm neutral
ChoppinDs40
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AG
I think the plans proposed are great ideas but the Indians and grifters will slide in to get their share.

The plan backed by Vegas groups and Cuban amongst others basically requires you to invest at least $1bn in a casino. So we're not talking gas station casinos. We're talking massive upscale casinos in large cities with big convention/conference center abilities.

Cuban wants to build one around an arena for the Mavericks. Imagine a big one on lake grapevine near the Gaylord. People would definitely fly in for something like that.
fredfredunderscorefred
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LostInLA07 said:

When there are casinos in Texas, the first two will be at Kemah and either the Galveston pleasure pier or the parking lot behind the San Luis. Tilman already has the "conference lounge." IYKYK.


Pretty sure post oak hotel was built at least a consideration of casinos in mind in the future. That's a huge ballroom….

As for impact on local economy and crime, etc, lake Charles should provide a very good litmus test. (I have no idea what any studies on it show). This (old af) report was generally inconclusive it appears. https://www.ojp.gov/pdffiles1/nij/grants/187679.pdf
AggieVictor10
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AG
Casinos
malenurse
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AG
fka ftc said:

one MEEN Ag said:

I don't see them as the 'economic boom' they're always touted to be. They give low to mid-low paying jobs. They're a vice. Its a net negative on the communities surrounding them. The only people who really get rich are the owners. There is not much middle management, high paying jobs. Its not a part of economic trade that leads to flourishing.

To get them in texas, the state has to cede equal footing to native american tribes. There will be a bunch of outright fake to extremely flimsy stories pop up about how such and such place is indian land now because some local homeless person is actually a descendant of a tribe and actually takes their indian heritage seriously (after being paid).
You talking about Sugar Land?
What you did there? I see it!
The last thing I want to do is hurt you. But, it's still on the list.
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