Noticias de ultima
  • 12.00 Tech innovator Randi Zuckerberg to Headline Debut AI Academy at SBC Summit 2025
  • 12.00 GGL Launches First Quarterly Report on Cross-Border Gambling and Betting
  • 12.00 GAT CDMX 2025: Cutting-edge Sessions And Training To Transform The Gaming Industry In Latin America
  • 12.00 India’s Top Real Money Gaming Platforms Suspend Paid Following New Online Gaming Law
  • 12.00 Philippines: Hann Holdings Postpones IPO Amid Market Uncertainty
  • 12.00 Imagine Live Joins BlueOcean Gaming’s GameHub Aggregation Platform
  • 12.00 New Zealand Issues 15 Fresh Online Casino Licences: What’s Next?
  • 12.00 Presque Isle Downs & Casino Secures 5 Years License Renewal Amid Financial Scrutiny
  • 12.00 NOVOMATIC and Mecca Bingo Elevate UK Gaming Experience with Next Gen Installations
  • 12.00 Brazil: Illegal betting threatens tax revenue, causes losses of R$ 10.8 billion per year
Casino

Economist weighs in on how casinos would impact Central Texas

Wednesday 12 de April 2023 / 12:00

2 minutos de lectura

(Waco).- As the Texas house bill that would make sports betting and casinos legal inches closer to the house floor, a Texas A&M Central Texas professor said, if the bill passes, Central Texas could see some direct impacts.

Economist weighs in on how casinos would impact Central Texas

Dr. Rob Tennant said there are multiple gains and drawbacks to the bill’s passage, but there’s a chance a casino could come to the Central Texas area. He said that would bring new jobs, increase salaries, and increase visitors to the area which is good for economic growth of any community, especially more rural communities.

“If a casino comes to an area that doesn’t have them and there aren’t casinos in, like, adjoining counties, the realization is more substantial, and, in more rural situations, what it does is it tends to create a significant number of new jobs,” he said. “It tends to increase salaries, wages in those communities, and it can bring people in from the surrounding communities to those venues.”

Casinos are known for bringing millions of dollars in tax revenue to states that legalize it, but Tennant said Texas may not see too much of an increase.

“If they get casinos, it’s likely to cannibalize the business, meaning that if they used to gamble on horses, dogs, or lotteries and they now have casinos, it’s more going to be a shift in gambling dollars versus a creation of new gambling dollars,” he said. “That’s frequently the case, so it’s not quite as clear.”

However, Tennant added that, because Texans travel to neighboring states to gamble, if Texans could gamble at casinos within their state, that would decrease the amount of money leaving the state.

Since the bill still has several more stages before it becomes a law, Tennant recommends Central Texans be aware of both kinds of impacts the bill could bring.

“I would always make sure to think about the net positives that could occur,” he said, “New jobs, potentially higher wages, maybe new dollars, and any potential side effects like spurring on. There’s about one to 2% of the population that tends to have addiction problems when it becomes facilitated, and that creates other situations in the community.”

The City of Waco economic development team said they have not discussed potential projects. The bill still needs to be passed by the house committee before taking on the house floor.

Categoría:Casino

Tags: casino,

País: United States

Región: North America

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST