Could the Mavericks New Owners Finally Legalize Gambling in Texas

Gambling in Texas has long been an issue that many have fought for, and many have failed in trying to fight.

When Mark Cuban decided it was time to sell his controlling stake in the Dallas Mavericks, however, many thought a change was going to come.

Why Would The Mavericks' Being Purchased Make A Difference

That's because the group that purchased the Mavericks is a Las Vegas staple. Miriam Adelson was the head of the Las Vegas Sands Corporation, and they owned a ton of hotel casinos in Las Vegas prior to selling them in 2022.

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It was said that a big reason as to why they purchased the team was to be able to lobby for gambling to be legalized in Texas, one of the few states left to legalize it.

Read More: All Signs Point To Legalizing Gambling In Texas In 2025

Have They Taken A Shot At Legalizing Gambling In Texas

Actually, they recently took their shot at it...and were ultimately shot down in their attempt to legalize it.

They argued there was already a huge black market of Texans illegally placing sports bets, among other forms of gambling, so why not legalize it and reap the benefits?

What Was Their Proposal

Turns out, they own a property near the old Texas Stadium. They wanted to take the property and land and flip it into something major.

They put in an official rezoning request that would've allowed them to build a casino, some shopping areas, and a new arena, that would presumably have been for the Mavericks.

Why Did Texas Shoot It Down

Well, it wasn't for a lack of trying. Sands hired over 100 lobbyists to try to get the deal done, but they faced major backlash from locals in their efforts to make it happen.

Just because it didn't happen this time around, though, doesn't mean it won't in the future. They're invested in the area because of the Mavericks, so we can expect them to continue their push to legalize it in Texas and maximize their investment.