A proposed Senate resolution that would enable several casino resorts, including one in Galveston, to open could result in one of the biggest economic windfalls Texas has ever experienced, according to the TexasGaming Association. State Sen. John Carona, R-Dallas, has filed Senate Joint Resolution 64 proposing a constitutional amendment to generate additional revenue for the state budget by creating the Texas Gaming Commission and authorizing and regulating the operation of casino games and slot machines by a limited number of licensed operators and certain Indian tribes. Three large destination resorts are proposed for Dallas, Fort Worth and San Antonio; with three mid-size resorts at Corpus Christi, Galveston and South Padre Island. Total annual economic impact resulting from the resorts, ancillary developments, tax revenues and job growth would be in the range of $50 billion, and about 100,000 new jobs would be created.
Author:Brandi Chapman Phone: 281-682-6069 Dated: April 2nd 2013 Views: 1,348 About Brandi: Whether you are buying or selling, Brandi understands the process can often be challenging and compl...
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