Adelson to make push for casinos in Texas: report
During a conference hosted by the Texas Taxpayers and Research Association Tuesday, Abboud reportedly said the company views “Texas as a worldwide destination and one of the top potential markets in the entire world.”
Read MoreCasino exec calls Texas the ‘biggest plum’ for expanding gaming
“Texas is considered the biggest plum still waiting to be out there in the history of hospitality and gaming,” said Andy Abboud, senior vice president of government relations for the Las Vegas Sands Corp.
Read MoreTexas Economic Development Act And The Industries That Benefit
In July, the electric carmaker Tesla inked a deal with Travis County to build a $1.1 billion factory called Giga Texas in the community of Del Valle near Austin. The factory, slated to build electric SUVs and car batteries as well as the company’s new “Cybertruck,” is expected to bring about 5,000 new jobs to the…
Read MoreTexas tax incentive program has limits, supporters, critics
While the tax incentive program that helps bring business to Texas has been criticized as too generous, supporters say the tax benefits to the state are greater than the incentives provided.
Read MoreCommentary: Tesla deal generates tax dollars for Texas
Limited and temporary property tax discounts, known as Chapter 313 agreements, allow Texas communities to attract major industrial projects, keep Texas competitive and grow jobs — and they do not cost taxpayers a dime. Regular critics of these discounts frequently mischaracterize the program by claiming companies receive taxpayer dollars to locate in Texas, which is…
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