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Two of the country’s most productive casino operators already have their flags firmly planted in Dallas-Fort Worth. They also operate the two Oklahoma casinos most frequented by North Texans. The Adelson and Dumont families who manage Sands Corp. paid far more than $three.eight billion in December to obtain majority ownership of the Dallas Mavericks basketball team from longtime owner Mark Cuban. He’s advocated for a location-style resort in Dallas for a number of years and describes the new majority owners as genuine estate people today who could make it take place. The recent huge investments in the Dallas area by the owners of the Las Vegas Sands Corp., a single of the world’s largest casino operators, spotlights the gaming industry’s interest in North Texas. Fort Worth-primarily based resort and spa operator Canyon Ranch last year teamed up with VICI Properties, the New York-based entertainment company that owns Caesars Palace in Las Vegas and other casino and entertainment properties. They formed a lengthy-term partnership to expand the Canyon Ranch brand more than the next decade. VICI ponied up $200 million for a new Canyon Ranch improvement in Texas’ Hill Country.

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