Most Read News
Sands Could Expand in Texas
The thing about big brands is that they tend to get bigger. They do so by expanding globally or in neighboring states. Recently, Las Vegas Sands has been looking to expand in Texas and is going through the legal process.
The company is looking for a license to offer casinos in Texas that don’t just cater to casino players, but also offer all the features of a resort. In other words, they are going for casino resort projects. The State Affairs Committee has already heard several propositions on the matter but has yet to make a decision.
Las Vegas Sands Is in Negotiations for Texas Casino
Making a casino project is a long process but every brand or company needs to get through it. The company needs a license for the project which is given by a regulatory body. This body has the task of finding out if the project fits all the state’s standards before granting a license.
Once all the bases are covered, the company gets the license, but it’s only the tip of the iceberg. The company then needs to acquire building licenses and the people that are going to build it. Once it’s built, then the casino will need staff to operate it which is why it’s going to turn to the local community for help.
Las Vegas Sands has taken the first step in this process by addressing the State Affairs Committee of Texas. It needs a license to build and operate a casino in the state. Representatives of the company have declined to comment on the cost of the project. In other words, the project is in its infancy and needs to develop.
The members of the committee will need to vote on the company’s proposition and decide if they are going to grant a license or not. If they do, the community of Texas stands to gain in tax revenue as well as an influx of jobs, which is a plus in anyone’s book. If they don’t then the company could try again later, or decide to expand to another state.
The Sands Company is a juggernaut in the world of casinos, which is why it’s present in Vegas. Officials of the company have recently decided to expand to Texas by establishing a casino resort project. The committee is to vote on its casino license proposal so the company can decide if it will move forward with the project or not.