Company to kick off community collaboration effort to develop bid.
With the recent release of the New York State Gaming Commission's Request for Application for three downstate New York gaming licenses, Las Vegas Sands, today announced its intention to pursue the development of a multi-billion-dollar flagship hospitally, entertainment and casino project on Long Island, New York.
The company has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. These transactions, which still require certain approvals, would grant the company control of up to 80 acres in Nassau County, New York.
"Our company's track record of driving significant economic benefits to the communities in which we operate and the meaningful relationships and partnerships we have created in each of those communities gives us a unique perspective on what it takes to develop transformative tourism destinations that positively impact the local community. Based on that experience, we strongly believe Long Island can be home to one of the region's great entertainment and hospitality developments", said Robert G. Goldstein, the company's chairman and chief executive officer.
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