Patrick Brophey, Chief Operating Officer of the NTC, announced that the exploratory committee would include a diverse group of business and community leaders. The committee aims to analyze various aspects such as economic development, workforce needs, infrastructure, transportation, and public safety impacts of introducing destination gaming into the region. Members from a broad range of backgrounds, including elected officials, tourism leaders, economic development officials, chambers of commerce, and representatives from religious and faith-based organizations, are invited to participate, with plans to launch the committee in the fall.

“This is open to North Texas Commission members who we traditionally cater to, but well beyond that as well to get the full scope of our community including social services, public safety, nonprofits, arts and entertainment, mental health professionals and business and industry leaders,” Brophey explained, according to Dallas Business Journal. “We want parity across the region.”

The initiative follows a roundtable discussion hosted by the NTC and the Texas Association of Business, which featured a presentation from an executive of Las Vegas Sands Corporation. During the discussion, the benefits of destination gaming for Texas, particularly the Dallas-Fort Worth area, were highlighted.

Constitutional Amendment Required

Las Vegas Sands Corp., through its majority owner, billionaire Miriam Adelson, has been a major advocate for the legalization of casino gambling in Texas. Despite significant lobbying efforts and financial expenditures in recent years, previous legislative attempts have been unsuccessful. However, Sands continues to push for a constitutional amendment allowing Texas voters to decide on the matter.

The proposed constitutional amendment requires a two-thirds approval in both chambers of the Texas legislature, followed by a majority support from state voters. If passed, the state would proceed with issuing a limited number of operating licenses through a competitive bidding process, which proponents argue would maximize the economic impact of destination resorts.

These developments have raised concerns about potential increases in crime rates and other social issues associated with casinos. However, proponents like Las Vegas Sands argue that destination resorts can lead to significant economic benefits, including increased tax revenues and job creation, without necessarily increasing crime.

An economic impact study conducted for Sands estimated that gaming could add $13 billion to the Texas economy and create 70,000 permanent jobs. For the Dallas-Fort Worth area, the study projected a potential increase of $34.7 million in tax revenue from ongoing operations.

As the debate continues, local leaders like Irving Mayor Rick Stopfer acknowledge the inevitability of legalization and stress the importance of being prepared. “We can talk about where it’s going to go and what it’s going to do and what it’s going to be, but the reality of it is…it is going to happen,” Stopfer said. “So where we sit as a metroplex is are we going to be ready for it compared to the rest of the state?”