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Adelson says Dallas-Fort Worth is good spot for casino

9 April 2009

AUSTIN, Texas -- As reported by the Star-Telegram: "One of the country's richest men said Wednesday that he would consider building a luxury casino complex in Dallas-Fort Worth if the Texas Legislature approves a measure allowing up to 12 destination casinos in the state's urban centers.

"Sheldon G. Adelson, chairman and CEO of the Las Vegas Sands Corp., was the first of dozens of witnesses who testified before the House Licensing and Administration Procedures Committee about several gaming bills the Legislature is considering.

"Adelson supports a comprehensive bill backed by the Texas Gaming Association that would create 12 Las Vegas-style resort casinos, permit slot machines at horse and dog tracks and permit casino gaming on Indian reservations. A projected $3 billion to $4.5 billion in state taxes raised from gaming revenue would be used for transportation and scholarships.

"'A destination resort is the right way to go,' Adelson told the committee. 'I would applaud whoever thought of this.'

"Later, Adelson told reporters that Dallas-Fort Worth would be one of several possible sites for a destination resort in Texas. Asked how much he would likely spend to build a resort in the Metroplex, Adelson said, 'Whatever it takes...'"

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