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Houston Rockets owner Tilman Fertitta owns quite a few casino properties through his Golden Nugget portfolio. Legislation enacted in 2019 in New Jersey allowed the Golden Nugget to accept most NBA bets, as lengthy as the book does not take action on the Rockets. Sands maintains a heavy lobbying presence in Texas, exactly where it spent millions of dollars on more than 60 government relations staffers final year. There has been wide speculation that the Adelson family’s acquisition of the Mavericks is part of an overall program to win gambling expansion in Texas. An affiliate of Sands Corp. also made two smaller sized land purchases from Cuban in the location, the newspaper reported. While Adelson’s son-in-law, Patrick Dumont, the president and chief operating officer of Las Vegas Sands Corp., will serve as the governor of the Mavericks, Cuban will preserve handle of basketball operations. The acquire, which values the Mavericks around $three.5 billion, raises the possibility that former casino mogul Sheldon Adelson’s surviving family members members could seek to make a new arena inside a mega casino. Each the Adelson family members and Cuban have stated that there are no plans to move the franchise out of Texas.