A year ago, anticipation about the establishment of three downstate casinos was just beginning to grow. Billions of dollars in investment, game-changing economic activity and enormous tax revenue implications were on the line. Communities considered…
Coliseum should be option for migrant housing, top Queens official says
A day after Democratic Queens Borough President Donovan Richards said Nassau Coliseum should be among the options for housing some of the thousands of migrants to New York City, Nassau County Executive Bruce Blakeman, a…
FIRST LOOK: Sands’ petition for zoning change at Nassau Hub
Sands antes up – Las Vegas Sands submitted a petition to the Town of Hempstead Thursday, officially seeking the approval of its conceptual master plan and a zoning change that would create the “Mitchel Field…
Las Vegas-style casinos ‘not a sure bet’ for government finances, state audit says
Las Vegas-style casinos in New York are “not a sure bet” for local government coffers, according to a state comptroller’s report that says none of the four upstate met gross revenue projections in recent years.
Las Vegas Sands executive Michael Levoff of Old Westbury charged with weapons violations, court records show
An executive with Las Vegas Sands, the international resort company that won a 99-year lease to build a $4 billion casino, hotel, entertainment center and housing around the Nassau Coliseum in Uniondale, was arrested by…
Las Vegas Sands’ casino plan for Nassau finds hope, skepticism in communities of color
When Verlin Laine and Su Chen consider Las Vegas Sands’ $4 billion proposal for a casino and resort at the Nassau Coliseum site, they see an opportunity to grow the information technology business they started…
The casino licensing game 1-2-3
As the casino-licensing process heats up, with real estate giant Larry Silverstein adding his Manhattan proposal to the mix this week, one of the biggest assumptions has been that there’s really only one license up…
A Sands casino needs no tax breaks
It’s no surprise that Las Vegas Sands plans to apply for tax breaks through the Nassau County Industrial Development Agency. After all, the Nassau IDA has long embraced anyone seeking tax assistance, always willing to…
Las Vegas Sands to seek IDA tax breaks for casino project, rep says
Las Vegas Sands plans to seek tax breaks from Nassau County to support the company’s $4 billion entertainment and casino complex planned for the Coliseum site in Uniondale, a Sands representative with knowledge of the…
Las Vegas Sands strikes Coliseum lease agreement for $4B casino resort
Nassau County Executive Bruce Blakeman and Las Vegas Sands CEO Robert Goldstein on Wednesday announced an agreement that would give the company control of the Coliseum property in Uniondale for the next 99 years —…