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Las Vegas Sands Eyeing New Casino in Long Island, NY

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Las Vegas Sands Eyeing New Casino in Long Island, NY

Las Vegas Sands wants to open a new casino in Nassau County in Long Island, NY. The company has proposed a plan to build a privately-funded, multibillion dollar tourism destination on the site of the Nassau Coliseum, after striking a deal to become the new tenants on the county-owned property of up to 80 acres.

The company is willing to spend an estimated $4 billion on the project which would include outdoor community spaces, four and five-star hotel rooms and a world-class live performance venue honoring the long legacy of live music at the Nassau Coliseum.

The resort property would also feature celebrity chef restaurants, experiential events and venues and flexible meeting and convention space, including ballrooms. Other amenities would include high-quality casino gaming, which is planned to represent less than ten percent of the project’s total square footage, a luxurious day spa, swimming pool and health club, and a variety of other entertainment programming.

Sands officials said the company has secured agreements and, pending approval by the Nassau County Legislature, expects to take over the lease and operate the Coliseum and the surrounding area in Uniondale, the largest tract of undeveloped land in the county.

Any changes to the Coliseum lease would need approval by the 19-member legislature. The venue has previously hosted the NBA’s New York Nets (now Brooklyn Nets) and NHL’s New York Islanders. Currently the Long Island Nets of the NBA G League play there. It is located just 20 minutes away from New York JFK Airport (JFK).

Sands says the project, if approved, would provide thousands of quality union jobs in both construction and operations. The company also said it would “honor the site’s legacy as a veteran memorial and pay tribute to Long Island’s beloved community of military service members – past and present.”

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DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

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