Victory is not guaranteed in either state. Sands is the primary financial backer of the Texas Destination Resort Alliance (TDRA), a grassroots coalition that is asking lawmakers to allow Texans to vote on a statewide constitutional amendment authorizing the development of destination resorts in Texas’ major cities. Meanwhile, the company has committed to spending millions of dollars to push casino legislation in Texas, one of the largest states without regulated commercial casinos or legal sports betting. Most analysts believe two of the licenses are already spoken for, leaving a high-stakes battle for one lucrative opportunity to locate within reach of more than 20 million people in southern New York and northern New Jersey. Sands is among several Strip and regional gaming operators seeking one of three licenses that would place a multi-billion-dollar casino resort near the nation’s most populous city and within the largest metropolitan region in the U.S. The company is willing to spend billions of dollars in both locations to regain its American foothold. In the past month, Las Vegas Sands has been linked to potential gaming development opportunities in the New York City area and Texas. Las Vegas Sands, which sold its Strip holdings a year ago and is now an Asia-centric company with casino resorts in Macau and Singapore, wants to get back into the U.S.
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