From my daily news feed from Texas Minute
- China is widely considered the top long-term geopolitical threat to the United States, and the communist superpower frequently targets Texas. While some efforts have been made to restrict Beijing's actions in the Lone Star State, Daniel Greer explains how infiltration through corporate intrigue has been the most overlooked.
- A top political giver in the 2024 election season has been a political action committee tied to the Sands casino empire. The company still trades on its past ownership of a Las Vegas casino despite now operating almost exclusively in China.
- Sands divested from the U.S. market in 2022 and signed a 10-year concession agreement with the Chinese government to operate casinos in Macao.
- Now, flush with cash generated with the approval of the Chinese Communist Party, Sands has been spending big to get a legislative monopoly to operate casinos in Texas.
Comment