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Restaurateur Wants First Texas Casino

HOUSTON, Texas – As reported by the Dallas Morning News: "If casino gambling comes to the Lone Star State, a Texan – restaurateur Tilman Fertitta – is an odds-on favorite to build the first one, though he's keeping his cards close to the vest for now.

"…'If we do it, I want to see it done in a first-class way.' he said. 'Let's do tier-one properties that are in resort areas that bring in tourism and ... stop your upper demographics in Houston and Dallas from getting on a plane and going to Vegas.'

"…His company, Landry's Restaurants Inc., is a leading spender lobbying the issue as the Texas Legislature debates ways to balance the state budget. The company has reported spending at least $220,000.

"And Landry's, which until now specialized in seafood and steaks, recently agreed to buy the Golden Nugget casino-hotel in Las Vegas for $140 million cash and $155 million in debt…"

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