TEXANS CLOSER TO KEEPING $2.5 BILLION FROM LEAVING STATE

HJR 111 passes out of committee – Will let Texans vote on allowing slot machines at licensed racetracks and Indian reservations

AUSTIN, Texas – This weekend, Texas moved one step closer to stemming the flow of money to our neighboring states when House Joint Resolution (HJR) 111 passed out of committee. HJR 111 will allow Texans to vote on placing slot machines at licensed racetracks and federally-recognized Indian reservations in Texas.

“Right now, Texas dollars are helping to fund schools in Louisiana, Oklahoma and New Mexico. We have an opportunity to keep a huge chunk of that money here,” said State Representative and Speaker Pro-Tempore Beverly Woolley. “We can generate revenue, create more than 77,000 jobs and spur economic growth all without expanding the footprint of gambling in the state and without raising taxes.”

HJR 111 is authored by State Representative Beverly Woolley (R-Houston). Companion legislation filed in the Texas Senate has bi-partisan support. SJR 33 is authored by Senator Juan “Chuy” Hinojosa (D-McAllen) and Jeff Wentworth (R-San Antonio).

Recent polling shows 82 percent of all Texas voters and 83 percent of conservative voters support a right to vote for allowing slots at licensed racetracks in Texas. Data also shows Republican primary voters overwhelmingly (80 percent) support a Republican officeholder in a Republican primary election who supports allowing Texans to decide.

“We are excited to see legislators seizing this opportunity,” said Mike Lavigne, spokesperson for Win For Texas. “Once approved, the impact would be almost immediate, as it would raise $548.2 million for the next budget cycle and create 77,000 new, permanent Texas jobs. We can begin generating revenue immediately while we build first-class facilities.”

Economic studies indicate this legislation, as proposed, would bring in approximately $1 billion each year in tax revenue and create more than 77,000 jobs for Texans across a wide variety of sectors.

Press Release

Statement on Committee Action on HJR 111 by Woolley

“We are excited to see the process moving along. Overwhelmingly, Texans want the opportunity to decide this issue at the ballot box. HJR 111, once approved by voters, will create a mechanism by which full-scale destination resorts will be created in a limited number of sites across Texas without expanding the footprint of gambling. This is a big step towards creating more than 75,000 new jobs and keeping billions of dollars here in Texas when we need it most.”

- Mike Lavigne, Win For Texas spokesman.

Statement

BIPARTISAN LEGISLATION FILED TO ALLOW STATEWIDE VOTE ON SLOTS AT TEXAS TRACKS, INDIAN RESERVATIONS

AUSTIN, Texas — Texas State Senator Juan “Chuy” Hinojosa (D-McAllen) and Texas State Representative Beverly Woolley (R-Houston) filed legislation today to allow Texas voters to decide whether to allow slot machines at existing horse and greyhound tracks along with federally recognized Indian reservations.

Both Legislators filed Joint Resolutions (HJR 111, SJR 33) that would trigger statewide constitutional amendment elections as well as the corresponding enabling legislation (HB 2111, SB 1118) detailing the proposal.

“For years Texas has missed out on billions of dollars in gaming and entertainment revenues while neighboring states pocket the winnings,” said Senator Hinojosa. “This proposal is the first major revenue generating proposal of this session – it will help keep the money we lose to other states in Texas, and put new revenues on the table without increasing taxes.”

Economic studies indicate that the legislation as proposed would bring in about $1 billion a year in tax revenue and create more than 77,000 Texas jobs across a wide variety of sectors. Currently, Texas loses revenue to Louisiana, Oklahoma and New Mexico at a rate of $2.5 billion a year.

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Huge Margin of Texans Favor Right to Vote on Slots at Tracks

LARGE MAJORITY FAVORS ACTUAL PROPOSAL

(AUSTIN, Texas)—According to a new statewide poll conducted by Baselice and Associates released today, 82 percent of Texas voters think the Texas Legislature should allow Texas voters to decide if slot machines at race tracks and on the three federally recognized Indian reservations should be allowed by putting it to a vote in a statewide constitutional amendment election.

A large majority of Texas voters (64 percent) favor the specific proposal of allowing slot machines at Texas race tracks and on the three federally recognized Indian reservations.

Support for this issue cut across every demographic polled. Even 53 percent of Republicans who attend church on a weekly basis were in favor of the measure.

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pdfRead Poll Results Showing Texans Across the Board Favor Allowing Slots at Tracks

Texas Will Lose Over $85 Million This Labor Day Weekend

Money will flood over borders to Oklahoma, Louisiana and New Mexico

(Austin, TX)–Texans will spend an estimated $85 million over the coming Labor Day weekend in neighboring states’ casinos, hotels, restaurants and related expenditures according to a recent economic impact study.  Over the course of the Summer months, Texans will have spent over $1 billion just over our borders.

“Our studies indicate that Texans make up the vast majority of the gaming market in neighboring states,” said economist Jon Hockenyos, author of a comprehensive study of gaming’s potential impact in Texas. “We literally counted license plates in several locales over our borders and the numbers are staggering.”
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Updated Study Shows Texas Has Billions To Gain From Racetrack Gaming

Estimates a Potential for $8.5 Billion in Annual Economic Activity

(Austin, Texas) — Win For Texas released a study today that estimates the State of Texas stands to earn about a billion dollars a year in state tax revenue and gain over 77,500 total new jobs if slot machines were allowed at racetracks and on recognized Native American tribal lands. TXP, a Texas economic policy consulting group, prepared the study.
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New Texas Statewide Polling Data on Gaming Revenue

Texas Revenue Source

A majority of Texas voters (57%) prefer approving slot machines at the licensed horse tracks in the state as a way to generate more revenue to help offset the anticipated $18 billion state budget shortfall compared to 22% who prefer raising taxes to generate more revenue. More than a third of all voters (36%) strongly prefer approving slot machines while only 14% strongly prefer raising taxes as a revenue source.
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New Poll Shows Massive Statewide Support for Racinos

According to a new statewide poll conducted by Baselice and Associates and released today, the vast majority of voters favor allowing slot machines at Texas race tracks and Indian casinos. Texas voters favored the proposal by a margin of 75 – 23 percent. Read More »

New Study Shows Texas Has Billions to Gain from Racetrack Gaming

Estimates a Potential for $6.8 Billion in Annual Economic Activity

Texans for Economic Development (TED) released a study today that estimates the State of Texas stands to earn about a billion dollars a year in total tax revenue and gain 53,000 total new jobs if slot machines were legalized at racetracks and Native American casinos. TXP, a Texas economic policy consulting group, prepared the study. Read More »