Las Vegas Sands Corp. aimed to develop an entertainment resort with a casino in Irving, Dallas, but faced opposition and withdrew the gambling aspect of the plan. The council voted to pass zoning changes that excluded provisions for casinos and nightclubs, impacting the project's feasibility. Sands executive Mark Boekenheide indicated that the financial viability of the $4 billion resort project hinges on the inclusion of a casino. Despite the setbacks, building hotels remains a possibility. The project also included an arena for the Dallas Mavericks, showcasing the ambition of the development.
I cannot commit to building a four million square foot project and spend four billion dollars - the economics will not work without a casino piece.
The company removed the requests for a casino to be included because of the significant opposition in the planning and zoning meeting earlier in the week and the continued uncertainty whether the legislature would approve a casino bill.
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