Cuban’s Sell Of Maverick’s Spark Dallas Casino Rumors

Mark Cuban recently sold his majority stake in the Dallas Mavericks to Miriam Adelson, the widow of casino entrepreneur Sheldon Adelson. 

The news of Cuban’s sale to Adelson has sparked rumors that the former tech giant is eyeing a Dallas-area casino. However, state gambling laws must change before Dallas sees a commercial casino.

News sources have reported that Cuban has pitched the idea of a partnership with Adelson and the Las Vegas Sands Corp. to build a state-of-the-art casino centered around a new arena for the NBA team. Cuban has also stated that the team will stay in Dallas and that the sale of his majority stake in the team will help build a new arena and put the Mavs in a better position to compete in the future.

The Adelson’s have spent millions of dollars lobbying for the state’s casino and sports gambling expansion and have reportedly donated $1 million to current Governor Greg Abbot. In December 2022, Cuban told the media that he wanted to partner with Sands and build a new arena for the team in the middle of a resort casino.  

Is Casino Gambling Legal In Texas?

Yes, there are currently several tribal-owned casinos in Texas. However, there are no commercial casino locations now. Several state bills looking to expand casino and sports gambling throughout the state have made their way through the legislative process, but as of now, commercial casinos are not legal under current law.

With several prominent state officials in favor of commercial casinos and sports wagering options, a bill will likely likely pass soon, giving residents bringing more Texas casinos to the Lonestar state.

Are Online Casinos Legal In Texas?

Texas State Flag IconYes, Texas residents can access 18+ online casinos from outside the United States, as no federal or state laws forbid them. Only the state of Washington has outright banned offshore casino gambling, and the federal gambling laws do not address the matter, leaving the states to make their laws concerning the industry. 

Online casinos have been available to Texans since the early 2000s and offer several perks to players, including non-traditional banking options (Bitcoin, Litecoin, etc.), bonus offers (welcome bonus, reload bonus, and more), and reward programs for casino players.