Monday, June 2, 2025

The Roundup

Article Icon 1Flurry of Bills Approved

Texas lawmakers approved bills addressing several contentious issues in the closing days of this year’s regular legislative session, which ends today. On Saturday, protesters gathered at the Capitol to call on Gov. Abbott to veto some of the proposals.

House Bill 229, approved by the Senate on Wednesday, limits sex designations on government documents to male or female as determined by a person’s reproductive organs.

On Thursday and Friday, both chambers passed Senate Bill 17, which was revised to ban land or business ownership by citizens of China, Iran, Russia, and North Korea, regardless of visa status.

On Saturday, the House and Senate passed Senate Bill 12, which prohibits schools from sponsoring LGBTQ clubs, enabling a student’s social transitioning through the use of preferred names or pronouns, and implementing DEI programs. 

Article Icon 1Protests Target Avelo Airlines

Immigrant rights activists organized protests around the country this past weekend, targeting Houston-based Avelo Airlines, which has been operating deportation flights for the Trump administration since the middle of last month.

Protests were held in Houston and more than two dozen cities Avelo serves, including locations in Michigan, New York, Florida, and California. The Coalition to Stop Avelo organized the demonstrations to pressure the carrier to cancel its $150 million contract with ICE.

A demonstrator at Avelo’s Houston headquarters said she thinks “people should be given due process in courts.” A protester in Rochester said he was “concerned about the cruelty of snatching people off the streets and deporting them to countries they’re not even from.”

In a statement, Avelo Airlines said that “we recognize the right of individuals to peacefully assemble,” insisting their “main priority will continue to be maintaining the safety and timeliness of our operation.”

Article Icon 1Falkenstein Castle for Sale

A castle described as “the crown jewel of the Texas Hill Country” has been listed for sale for $15 million. Built in 1998, the 14,000-square-foot Falkenstein Castle in Burnet is modeled after plans designed by the 19th-century Bavarian King Ludwig II.

The castle was built by architect Terry Young and his wife Kim, who saw the plans on display while visiting Germany’s Neuschwanstein Castle in 1995. The iconic castle inspired the creation of Disneyland’s Cinderella Castle.

Boasting seven bedrooms, four full and four half bathrooms, and a game room, the castle is situated on a 110-acre estate with six tiny homes overlooking the Highland Lakes. After Terry Young’s death a few years ago, the property was converted into an Airbnb and wedding venue.

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The Flyover

Emmy-Winning Founders Flip the Script on Hollywood

Hollywood said no. 50,000+ fans said yes.

After hitting 800+ theaters last February, My Dead Friend Zoe quickly became one of the year’s best-reviewed films. Starring Sonequa Martin-Green, Natalie Morales, Ed Harris, and Morgan Freeman, it boasts a 🍅95% Rotten Tomatoes score, making it one of the best-reviewed movies in Morgan Freeman’s career.

The interesting thing is…the movie was developed, financed, and produced by Legion M—a movie studio OWNED BY FANS.

How does it work? At most studios, a handful of execs decide what gets made. At Legion M, fans lead the way. They believe people like you, who buy the tickets and pay the subscriptions, know what’s best, so they open the doors for you to own early-stage stock in the studio, get red-carpet perks, and have a seat at the table deciding what gets made.

They might be onto something. In just the past few months, Legion M has:

  • Released one of the year’s best-reviewed films

  • Closed a 7-figure international rights deal with Universal

  • Paid out over $1M in royalties to investors

With 54,000+ investors on board (plus a billion-dollar producer, award-winning stars, and current/former execs from Netflix, Lucasfilm, Disney, Amazon, and Legendary), the Legion M moonshot is well on its way.

But it’s not too late for you to join them. 

Just be sure to invest before Legion M’s round ends TOMORROW at midnight!

Around Texas

➤ Austin: Lawmakers approved a $338 billion two-year budget on Saturday. The final version allocates more than 70% to education and health and human services, $51 billion to property tax cuts, over $3 billion to border security operations, and $1 billion for a new school choice program. (See Details)

➤ South Padre Island: Jesus Rodriguez Zamora, 49, was arrested Saturday after allegedly cutting two coworkers with a circular saw. The group was reportedly working on improvements to a beach access. (More)

➤ San Antonio: Thieves stole two boa constrictors from a pet store last Wednesday. Surveillance video of the heist shows one of the thieves nearly getting bitten in the face. (Watch Video)

➤ Burleson County: Sheriff Gene Hermes has died following a battle with cancer. He was elected to office in 2020 and reelected last year. (More)

➤ Lewisville: A man rescued a baby deer struggling to swim in Lake Lewisville last week. The fawn was reunited with its mother when it got back to shore. (Watch Video)

➤ San Marcos: City officials installed a temporary fence at a popular park along the San Marcos River in an effort to manage access to the waterfront during the summer. “This is so tacky,” said a resident on social media. (See Photo)


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Texas Sports

UTSA won the Austin regional baseball tournament yesterday by beating No. 2 Texas 7-4 in a rematch from Saturday, when they won 9-7. Texas had beaten Kansas State 15-8 earlier in the day. (More)

DBU baseball was eliminated from postseason play in a 8-6 loss to Little Rock yesterday. The Patriots qualified for their 11th consecutive NCAA tournament with a 41-18 record. (More)

➤ The Texas Rangers failed to score a run for the eighth time this season in a 2-0 loss to the St. Louis Cardinals on Saturday. (More)

Yesterday’s results: MLB | WNBA | PGA | LPGA | NCAAB | NCAASB | NASCAR | F1 | INDY | Soccer | Tennis

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The Business Of Texas

Houston oil and gas producer EOG Resources has agreed to purchase Encino Acquisition Partners for $5.6 billion, increasing its access to the Utica shale in Ohio, Pennsylvania, and West Virginia. (More)

The U.S. Department of Energy has canceled nearly $3 billion in loan guarantees for Houston-based Sunnova Energy, a rooftop solar company struggling to avoid bankruptcy. The loan guarantees were secured in 2023 for a company initiative to market solar panel installations to low-income communities. (See Details)

Irving-based Caris Life Sciences, a provider of AI-powered personalized oncology treatment plans, is filing for an initial public offering on the Nasdaq. The firm was founded in 2008 and has raised $1.86 billion in capital since 2018. (More)

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Last Call to Invest in a Rising Star

Think a fan-owned company can’t make it in Hollywood? Think again.

Legion M is a studio on the rise. In the last few months, they released one of 2025’s best-reviewed films, closed a 7-figure international rights deal, and paid out over $1,000,000 in returns to investors in its movies. 2025 revenue is already 150% of last year’s…even though it’s only May!

When you invest in Legion M, you’re buying early-stage stock in the company. You’re betting they get big enough to IPO or have an exit. The risk is that they die trying.

Could Legion M turn into the next Netflix? There’s only one way to find out… 


Get in before it’s too late – offering ends at midnight tomorrow!

This is a paid advertisement for Legion M’s Regulation CF Offering. Please read the offering circular at invest.legionm.com.
Et Cetera

Isla Blanca Park on South Padre Island was ranked the best beach in Texas by USA Today readers for the second year in a row. Its proximity to Starbase provides excellent views of SpaceX launches. (More)

Meanwhile, Wheel of Fortune gave away a $12,000 trip to Camp Margaritaville in Crystal Beach last week. Reactions on social media were mixed, with some expressing local pride and others scoffing that producers “took those beach videos in Gulf Shores or something.” (More)

The Houston Astros’ sign-stealing scandal was the impetus for the development of the now-commonplace PitchCom, an electronic device that catchers and pitchers use to confirm pitches. (See Details)

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The 5 “Bone-Dissolving” Foods Hiding in Your Kitchen. Think you’re protecting your bones by getting calcium and vitamin D? What your doctor hasn’t told you is that certain everyday foods are quietly dissolving your bone density right under your nose. Before you take another calcium supplement or reach for that “healthy” breakfast, discover what might be secretly stealing your skeletal strength and independence. (Learn More)

The Polling Station

Have you ever called 911 to report a traffic hazard?

  1. Yes
  2. No
 

Yesterday’s Results:

Would you feel comfortable trying to rescue a stranded owl?

  1. Yes: 46%
  2. No: 54%
Texas Trivia

How many counties established by Texas law no longer exist?

Show me the answer

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