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Sands casino owners acquire Mark Cuban’s high-profile property near downtown Dallas



Sands casino owners acquire Mark Cuban’s high-profile property near downtown Dallas

by dallasmorningnews

5 Comments

  1. dallasmorningnews

    *Our Steve Brown writes:*

    >The Las Vegas families who bought a controlling stake in the Dallas Mavericks have now gained a prime development site near downtown Dallas.

    >A company set up by the [Sands Corp.’s owners](https://www.dallasnews.com/sports/mavericks/2023/12/04/could-dallas-mavericks-sale-to-gaming-matriarch-lead-to-casino-gambling-in-texas/) took the deed to more than a dozen acres on Stemmons Freeway at Inspiration Drive in Dallas’ Design District. The high-profile property is just across the freeway from Victory Park and includes a building now used as the [Mavericks practice facility.](https://www.dallasnews.com/sports/mavericks/2022/03/08/tour-the-mavs-new-practice-facility-renovations-barber-shop-nap-pods-film-theater-and-all/)

    >Companies set up by Mark Cuban, now the Mavericks’ minority owner, have owned the properties since 2016. Cuban at one time considered using the property for a new arena for the team.

    [Read more.](https://www.dallasnews.com/business/real-estate/2024/01/02/sands-casino-owners-acquire-mark-cubans-high-profile-property-near-downtown-dallas/)

  2. This deal gives a huge impression that Mark knows something that we don’t.

  3. dantheflyingman

    Interesting. It seems this deal planned out quite a few steps.

  4. Alone_Bodybuilder345

    It’s obvious they’re gonna lobby for gambling and then build a new giant casino/arena plex in the heart of Dallas. So many goobers in r/nba had the brain dead take of “well I guess the Mavericks are moving to Vegas”

  5. AshyCheekss

    Mark Cuban is out here playing 4D Chess in 2030 while the rest of the world is celebrating 2024.

    Everybody is expecting lobbying for gambling to *start*.

    I think the lobbying is already **done**.

    This is too much money to just be a gamble on a strong “if”, “maybe” or even “possibly”…

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