Las Vegas Sands Withdraws Casino Plans in Irving, Texas
Las Vegas Sands Withdraws Casino Plans in Irving, Texas

Las Vegas Sands Withdraws Casino Plans in Irving, Texas

News summary

Las Vegas Sands Corp. has withdrawn its proposal for a casino and destination resort in Irving, Texas, following significant local opposition and the unlikelihood of successful gaming legislation in the state. The decision came just before a city council vote that could have solidified plans for a large development at the old Texas Stadium site. Instead, the company plans to pursue a mixed-use project that may include a hotel and a 15,000-seat arena, potentially for the Dallas Mavericks. Residents expressed strong concerns over increased traffic, crime, and gambling addiction, leading the council to approve zoning changes that exclude the casino component. While the company has not ruled out adding a casino in the future if laws change, the current project will generate significantly less revenue than initially projected. The community supports the development as long as it remains free of gaming elements.

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