“If you look at destination resorts and casinos, the casino part of it is tiny, relative to the whole bigger destination aspect of it. “Honestly, I don’t care so much about sports betting,” Cuban said. Greg Abbott.īut the spending blitz failed to deliver a breakthrough this year in the Texas Legislature, where resistance to legalizing casinos runs deep.Īsked how active he would be in trying to get gambling legalized in Texas, Cuban said, “As active as I need to be because I think it’s the right thing for the state of Texas.” She gave an additional $1 million separately to Republican Gov. She pumped more than $2 million last year into a political action committee, called Texas Sands, which donated lavishly to state legislators and swarmed the GOP-controlled Capitol with lobbyists. Still, Miriam Adelson has made no secret of her push to bring casino gambling to the Lone Star State. Gambling isn't legal in Texas, and efforts to legalize it face steep odds. “He basically said, ‘Just do what you’ve got to do. The 65-year-old insisted he would have final say in the hiring and firing of coaches, and the signing of free agents, “unless we’re going to go hire somebody that cost $300 million a year.”Īnd Cuban said spending to keep the team competitive won't be an issue with Patrick Dumont. “Financially, we’re in a far better position this afternoon than we were yesterday afternoon to be able to compete like that,” Cuban said. Diamond Sports, the company that owns the regional sports network that carries the Mavericks, is in bankruptcy proceedings.Ĭuban said the sale makes revenue from media rights deals much less of a concern for the Mavericks. Now, the future of media rights deals is in question. He became a billionaire when the radio internet streaming company he co-founded was bought by Yahoo.

“The goal is to win and to have a team that proudly represents the greater DFW area and serves as a strong and valuable member of the local community.”Ĭuban said when he bought the Mavericks in 2000, he had the advantage of understanding technology. “Through our commitment and additional investment in the team, we look forward to partnering with Mark Cuban to build on the team’s success and legacy in Dallas and beyond,” the Adelson and Dumont families said in a statement. Sheldon Adelson, the founder of Las Vegas Sands, died in 2021 at age 87. Miriam Adelson is the controlling shareholder of Las Vegas Sands Corp., a publicly traded Las Vegas company that built the Venetian and Palazzo resorts but now only has casino operations in Macau and Singapore.

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