#Las Vegas Sands

LAS VEGAS -- It started as a crude sketch - a circle with a stick person inside. Seven years later, that drawing has been made real: A $2.3 billion massive spherical venue, standing 366 feet (111 meters) high and lighting up the Las Vegas skyline. The drawing was initially made by James Dolan, the executive chair of Madison Square Garden and owner…

It started as a crude sketch - a circle with a stick person inside. Seven years later, that drawing has been made real: A $2.3 billion massive spherical venue, standing 366 feet high and lighting up the Las Vegas skyline.The drawing was initially made by James Dolan, the executive chair of Madison Square Garden and owner of the New York Knicks and…

Las Vegas Sands' proposed casino in Nassau County has set off a debate between two local higher education institutions. Hofstra University and Nassau Community College are on opposing sides over the benefits of a casino at the site of Nassau Veterans Memorial Coliseum, Newsday reported. Both schools are a short walk from where the gaming facility…

While Dubai is on track to surpass the number of hotel rooms in Las Vegas, a Southern Nevada gaming and hospitality industry analyst who knows the United Arab Emirates landscape well says it shouldn't become a major competitor as long as Las Vegas continues to invest in its infrastructure. "As long as Las Vegas stays on its game, nothing will be…

The odds are getting rejiggered in the closely watched race for three lucrative casino licenses in the New York City area - partly because of an alleged bookmaking scandal that's unfolding in Las Vegas, The Post has learned. Until as recently as last week, MGM Grand and Resorts World - operators, respectively, of the Empire City Casino in Yonkers…

Online Casino Market Insights 2023 is a detailed and comprehensive report that provides a complete analysis of market size, share, revenue, various segments, drivers, trends, growth, and development. The report also highlights the presence of restraining factors and regional industries that may influence the market growth trends beyond the forecast…

The Global Casino Gaming Market size is expected to grow from USD 368.26 million in 2022 to USD 544.08 million by 2030, at a CAGR of 5% during the forecast period (2023-2030). Casino Gaming is one of the most lucrative segments of the global gaming industry. The relaxation of gambling laws around the world has created a number of opportunities for…

Most slot machines were offline in MGM's Strip casinos Monday, while customers had to wait for payouts from attendants. Arizona resident John Hass checked out of his room at New York-New York Monday morning and walked over to Excalibur to play the slot machines before heading to the airport for his afternoon flight to Tucson. He was told a computer…

Casinos is a place where different types of gambling games are played by visitors, casinos are majorly build at tourist attraction places such as megaresorts, massive hotels, retail shopping places and cruise ships. Minimum age of gambling in worldwide casinos is start from 18 to 21, different types of games played in casinos such as poker,…

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…

At some point in September - date to be announced - the New York State Gaming Commission will hold a meeting during which it may have answers to hundreds of questions posed by the 11 potential bidders for the state's three downstate casino licenses. "May" is the word of choice because this question-and-answer process started back in February, when…

With the rising count of online casinos, isn't it obvious for land-based gambling establishment operators to feel a bit insecure? Players are no longer required to travel to gaming zones to bet on their favorite slots or make their wagers on table games. As long as they have a strong Internet connection and a decent mobile device, they can enjoy…

Las Vegas Sands' proposed $4 billion casino-resort at the site of the Nassau Coliseum would require a zoning change that creates a new hospitality district in Uniondale, according to land-use plans the company filed with the Town of Hempstead Thursday. The application - a major step in the process for the Nevada-based company's proposal - seeks to…

The gaming industry has experienced significant growth in online gambling. Research firm Insider Intelligence estimates that the amount of money bet on sporting events in the U.S. will increase by 45% to reach almost $137 billion this year. In addition, the revenue from iGaming, which involves betting on traditional casino games online, has surged…

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. The 19-page audit, released Thursday by State Comptroller Thomas DiNapoli, found the casinos distributed a total $176 million to local…

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…

Las Vegas Sands is upping its efforts in its pursuit of a full-scale casino license in downstate New York. Just recently, the gambling leader announced that it has secured the leader in the destination wellness category, Canyon Ranch, for its US$4-billion bid for an integrated casino resort on Long Island at the Nassau Veterans Memorial…

PUNE, MAHARASHTRA, INDIA, July 26, 2023/ EINPresswire.com / -- Casino and Gaming Market - Global Outlook and Forecast 2022-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market…

NEW YORK, July 19 (Reuters) - Las Vegas Sands Corp's (LVS.N) second-quarter revenue exceeded Wall Street estimates, benefiting from non-gaming programming in Macao as tourism rebounds from China's loosening of its zero-COVID policy and mass gaming reaching another record in Singapore. The casino operator's revenue rose to $2.5 billion in the second…

Unlike sports betting, has had a tough go of it. There are many reasons for the slow adoption of online gambling in the U.S., some legitimate and some not. Many of the reasons were up for discussion recently. The National Council of Legislators from Gaming States (NCLGS) Conference brings together the gaming industry, lawmakers, and regulators from…

The casino industry makes billions every year from both physical locations & online platforms, with leading casinos contributing significantly to these impressive figures. It's not hard to envision the immense wealth possessed by the owners of these establishments, given the vast amounts of money coming through a casino every day. Although the…

MGM's near $10bn integrated resort project in Osaka has the potential to produce north of $4bn in revenue at the start of the next decade, according to an analyst at Morningstar. This would mean the company would outpace the pre-pandemic $3bn and $4bn of Las Vegas Sands' Singapore and Venetian Macau facilities, respectively. Dan Wasiolek, senior…

A prominent New York real estate developer has joined the list of those seeking a license to operate a commercial casino in downstate New York. Larry Silverstein, chairman of Silverstein Properties, is seeking to build a casino in Manhattan about four blocks west of Times Square at 11th Avenue and 41st Street, according to the New York Times. The…

We have basically two worlds when it comes to gambling in the US: traditional land-based operators like those famous in Vegas, and Atlantic City and abroad in places like Macau, for example, and online operators. Traditional casinos have a more steady form of business model, and comparing the evolution of these enterprises across time is easier as…

Nassau County, New York State legislators approved the Las Vegas Sands' 99-year lease to build and manage a $4 billion casino on the site of Nassau Coliseum on Long Island. The civic association "Say No to the Casino", in collaboration with various pressure groups, has opposed the idea. They claimed that the Las Vegas Sands Casino on Long Island…

UNIONDALE, N.Y. -- Nassau County legislators have approved a 99-year lease agreement with the Las Vegas Sands. It paves the way for a $4 billion resort and casino at the Nassau Coliseum site. The "Say No to the Casino" civic association has been fighting the proposed development, saying it will bring crime and traffic to the area. The group…

The Nassau County Legislature, the 19-member government entity that oversees Nassau Coliseum land, voted overwhelmingly Monday to transfer 72 acres to Las Vegas Sands Corp. to develop a downstate New York integrated resort with a casino. Following a 5½-hour hearing, the Legislature voted 17-1 with one member absent to transfer the land to the Las…

Nassau County lawmakers approved Monday a 99-year lease with Las Vegas Sands, which proposed replacing the Nassau Veterans Memorial Coliseum with a $4 billion casino resort in Uniondale, over the objection of neighbors concerned about crime. The Republican-majority county Legislature voted nearly unanimously in favor of the proposal, with…

Plans to bring a casino to Long Island have taken a big step forward, but there's still a long way to go. The Nassau County Legislature voted 17-1 Monday night to to grant Las Vegas Sands a 99-year lease to develop the 72-acre area around the Nassau Coliseum in Uniondale. The $5-billion project will include a casino, hotel, entertainment venue and…

NASSAU COUNTY, Long Island (WABC) -- Nassau County lawmakers are set to vote on a proposed casino at the Nassau Coliseum. Las Vegas Sands wants to turn the location into a $4 billion entertainment center and resort. Last month, the county reached a lease agreement with Las Vegas Sands that gives them control over the Nassau Coliseum site. The…

A state lawmaker who represents the communities around the Mets' Citi Field has temporarily blocked billionaire Mets owner Steve Cohen's plan to build a casino and entertainment complex in the lots next to the ballpark. Cohen needs legislation approved by the state Legislature in Albany in order to start a commercial venture in the lots around Citi…

Casino resorts could make Texas the top-ranked tourism state in the nation. That's according to Dallas Mavericks owner Mark Cuban, but Texas lawmakers won't be green-lighting gambling in this session of the Texas Legislature, which ends May 29. The Texas House of Representatives killed a proposal, authored by Rep. Charlie Geren, that aimed to open…

If you bet that proposals allowing sports betting and casino gambling would pass the Texas Legislature, you probably lost - again. But last week's dramatic votes on two gambling proposals reflect that proponents are heading in the right direction. The Texas House passed a bill letting voters decide whether to allow sports betting on their mobile…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Casino legalization efforts in Texas…

Nassau County and Las Vegas Sands are moving forward with a lease agreement for a casino at the Nassau Hub. The $4 billion entertainment center would include a casino, as well as restaurants, a hotel and spa, a concert venue and more. The County Legislature Rules Committee heard from representatives from Las Vegas Sands on Monday. Former New York…

The president of Hofstra University is urging Long Island lawmakers to nix a plan for Las Vegas Sands Corp. to put a casino at the Nassau Coliseum near its campus - claiming it'll be more trouble than it's worth. "The casino proposed by Las Vegas Sands runs directly counter to the interests of our local population and will create dangers rather…

But a small change tucked into the voluminous state budget could mean a massive multimillion-dollar windfall for the Town of Hempstead - if officials play their cards right. The change comes in how casino-related revenue will be divided up for municipalities outside of New York City. Previously, the formula worked so that the host county would…

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated. Location identity company Incognia announced its entrance into the regulated US gaming market with the launch of its integrated…

The pandemic dealt a tough blow to casino resorts, but business is gearing up again. With its Singapore resort humming along nicely and Macao back open for business, Las Vegas Sands (LVS 2.62%) is focused on recovery and a bright future. Let's look at the company's recent quarterly results to get a better idea of where the casino stock might be…

Asset Management One Co. Ltd. lessened its holdings in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140086 shares of the casino operator's stock after selling 6092 shares during the quarter. Asset…

It's the ultimate "consumer discretionary" stock: the gambling company with the locations where consumers show up with money to blow. These firms may lack the elegant charm of a JP Morgan or a BancAmerica, but as alternative financial institutions, these shares are finding buyers who don't care. You don't need a Martin Scorsese movie to know how…

Las Vegas Sands has agreed to lease the land needed for its Long Island megadevelopment, which could include a casino. The company's deal would give Sands control of the Nassau Coliseum property in Uniondale for the next 99 years, Newsday reported. The agreement is the first in a litany of steps that could bring full-scale gambling to Nassau…

UNIONDALE, NY - Despite opposition from elected leaders and civic groups, Nassau County is set to keep the wheels in motion for a casino at the Hub site. Las Vegas Sands Corp. reached a new lease deal with the county. The details were expected to be a "large, lump sum payment not contingent on securing a state gaming license," according to…

Nassau County is placing their bet on Las Vegas Sands. On Wednesday County Executive Bruce Blakeman signed a lease agreement to give the corporation complete control over the Nassau Coliseum site. "Within sixty days of approval by the County Legislature, Las Vegas Sands will write the County of Nassau a check for $54 million dollars," Blakeman…

Nassau County officials said Wednesday that they have reached a deal to transfer the lease for the Nassau Coliseum site to Las Vegas Sands, a major step in the gambling giant's push to win a coveted gaming license and bring a bustling casino to Long Island. The 99-year lease agreement does not guarantee that the Uniondale site where the New York…

Nassau County's Planning Commission on Thursday unanimously agreed to transfer the county's Coliseum lease to Las Vegas Sands, which has proposed a $4 billion casino-resort on the property. The lease agreement, announced by County Executive Bruce Blakeman and Sands executives on Wednesday, now moves to county legislative committees and the full…

The Nassau Hub in Uniondale is one step closer to being the site of a casino. Nassau County Executive Bruce Blakeman and Las Vegas Sands CEO Rob Goldstein have come to a lease agreement for the Nassau Coliseum property, they announced during a news conference on Wednesday. "We are going to develop the Coliseum site into a world-class hotel, a…

Plans to redevelop more than 70 acres at the Nassau Coliseum in Uniondale took a huge step forward Wednesday after Nassau County Executive Bruce Blakeman revealed the county has come to terms on a lease agreement with Las Vegas Sands. The agreement would give the Sands control over the land where it plans to spend $4 billion on a resort that would…

Nassau officials have announced the county has reached a new lease agreement with Las Vegas Sands at the Nassau Coliseum site.Nassau County Executive Bruce Blakeman made the formal announcement Wednesday during a news conference, saying the county could stand to make millions in additional revenue from the deal."We are going to develop the Coliseum…

LAS VEGAS (KLAS) - Officials in New York's Nassau County have reached a lease agreement with the Las Vegas Sands to develop a "world class-hotel and entertainment center" at the site where Long Island's NHL team won four Stanley Cups. Nassau County Executive Bruce Blakeman in a formal announcement Wednesday said the deal will give the Las Vegas…

New York's Nassau County signed a preliminary 99-year lease agreement with Las Vegas Sands Corp. for use of its 80-acre Nassau Veterans Memorial Coliseum site for development of an integrated resort with a casino on Long Island. In a news conference in New York on Wednesday, Sands Chairman and CEO Rob Goldstein and Nassau County Executive Bruce…

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 - a key step toward developing a $4 billion casino resort in the heart of the county. If the lease agreement is approved by the county…

NASSAU COUNTY, Long Island (WABC) -- Nassau County reached a lease agreement with Las Vegas Sands that gives them control over the Nassau Coliseum site. The county will get a lump sum payment, as well as annual revenues to the county and the Town of Hempstead and surrounding communities exceeding $100 million per year. "And we believe that will…

Macau-exposed casino stocks gained early Thursday after Las Vegas Sands signaled that a "robust recovery" in travel and tourism spending was under way in the region. The casino operator's earnings and revenue beat expectations in the first quarter, while management flagged positive trends in Macau as well as Singapore. The stock (ticker: LVS)…

NEW YORK, April 19 (Reuters) - Las Vegas Sands Corp (LVS.N) on Wednesday reported quarterly revenue that surpassed Wall Street estimates as March visitation levels accelerated gaming volumes, retail sales and hotel occupancy. The Las Vegas-based casino operator said traffic is rebounding in Singapore and Macao, and it expects further improvement in…

Shares of MGM Resorts International, Wynn Resorts Ltd. and Caesars Entertainment Inc. advanced on the back of Las Vegas Sands Corp.'s surge in gambling revenue from Asia in its latest quarter. Sands recorded first-quarter gambling revenue of $1.54 billion, more than doubling from $627 million a year earlier. Shares up 4.9% to $62.26 in after-hour…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz More than a decade ago, Nevada's major…

Yesterday, Hofstra University, a private university in Hempstead, filed a lawsuit against the Nassau County Planning Commission for supposedly breaching state open meetings law when it called a hearing on a $4 billion plan for a casino-resort on the site of the Nassau Coliseum in New York. Opponent of the construction of the proposed…

Hofstra University on Tuesday sued the Nassau County Planning Commission for allegedly violating state open meetings law when it held a hearing about the $4 billion plan for a casino-resort on the Nassau Coliseum property. Hofstra, a private university in Hempstead, opposes Las Vegas Sands' proposal near the campus. The project would be located on…

Tourists who fill Las Vegas Boulevard's massive resorts to eat, gamble and party, never see the name Vici Properties. But the casino landlord rakes in a fortune from the Strip. New York-based Vici, the biggest property owner in Las Vegas' famed casino corridor, owns Caesars Palace, MGM Grand, Mandalay Bay, The Venetian, The Mirage and other huge…

A group of Broadway theater owners and producers is leading an effort to lower the curtain on plans for a Times Square casino. The Broadway League, a theater industry trade group, is joining forces with local restaurant owners to block a bid for a new gambling hub nearby. The group, called the "No Times Square Casino" Community Coalition, says that…

MGM Resorts, Orix to own 40% each Resort set to open in 2029 Will include hotel, shopping mall, ferry terminal TOKYO, April 14 (Reuters) - Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to open in 2029, aimed at attracting domestic…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz With three months in the books, Macau's…

Las Vegas Sands Corp. will speed up its $1 billion renovation of the Marina Bay Sands resort in Singapore. In a proxy statement issued by Sands Friday, ahead of its May 11 annual meeting, Chairman and CEO Rob Goldstein said the project to upgrade two towers at the iconic property is expected to be completed by the end of the year. "Following the…

Casino giant Las Vegas Sands is in talks to bring a destination resort-style casino to Texas if approved by the state,a representative for the company informed legislators on Wednesday. The casino and resort firm is spearheading the effort to expand gambling in Texas to include commercial casinos that provide resort-style amenities such as hotels,…

Hofstra University is this week the newest opponent of the construction of a proposed New York casino by Las Vegas Sands, an American casino and resort company based in Las Vegas, Nevada. According to the proposal, the Las Vegas giant would build an entertainment venue on the site of the Nassau Coliseum in New York, which would consist of a hotel,…

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Boyd Gaming had a simple message to real…

Are you ready for a high-rollin', high-flyin' time near the UN? Yet another entrant has joined the field in the fierce bidding war for a casino license in New York City - this time led by a billionaire developer who also wants to construct a huge Ferris wheel on vacant land just south of the United Nations. The wheel is the centerpiece of a joint…

The 65 rating InvestorsObserver gives to Las Vegas Sands Corp. (LVS) stock puts it near the top of the Resorts & Casinos industry. In addition to scoring higher than 87 percent of stocks in the Resorts & Casinos industry, LVS's 65 overall rating means the stock scores better than 65 percent of all stocks. LVS has an Overall Score of 65. Find out…

Invariably, a hot-streaking enterprise like Las Vegas Sands (NYSE:LVS) raises concerns about whether it can continue skyrocketing. Obviously, no one wants to buy at the peak only to hold the bag later. However, Las Vegas Sands may indeed overcome objections based on a key catalyst: China, China, China. Therefore, I am bullish on LVS…

Nassau County could become the home of a full-service casino and resort.The New York Gaming Facility Location Board voted on Tuesday to open up the application process for three downstate casinos.Voters approved a constitutional amendment in 2013 to allow the state to grant full-gaming licenses for up to seven private casinos statewide.The first…

A partnership is in the works between Nassau Community College and the developers of a proposed Uniondale casino.Under the deal, the college would have a training center for workers at the casino and entertainment resort.In exchange, Las Vegas Sands would provide internships and possible job opportunities for students.Officials at Hofstra…

A partnership is in the works between Nassau Community College and the developers of a proposed Uniondale casino.Under the deal, the college would have a training center for workers at the casino and entertainment resort.In exchange, Las Vegas Sands would provide internships and possible job opportunities for students."We have a hospitality…

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

While most of us spent December with family, friends, and a slew of old traditions, some packed up and went gambling during the last month of the year. In fact, new reports suggest that casino stocks are likely in for an impressive December. Though whether or not they can continue is anyone's guess. The word from the Nevada Gaming Control Board…

After more than two decades, a developer's megaproject could finally take root at the sprawling, fallow site near the United Nations headquarters in Midtown. Its latest bid: a proposal for Manhattan's first Vegas-style casino. Soloviev Group, the longtime owner of the 6.7-acre plot, said on Tuesday that it will partner with Mohegan, the casino and…

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

New York State has made million in tax revenue from online sports betting and casinos and soon there may be a "Vegas" style casino located in the state. Currently, there are 12 land-based casinos in the state which are overseen by the New York State Gaming Commission. Also within the state border are 15 tribal casinos that are regulated by the…

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

Hofstra University president Susan Poser's op-ed opposing Las Vegas Sands' proposal at the Nassau Hub was curiously quiet on the important fact that the project would create thousands of good union construction jobs and long-term careers for Long Islanders and Hofstra graduates ["A casino at the Hub is a very bad idea," Opinion, Jan. 17]. It is…

Online casinos have enjoyed a dramatic surge in popularity over recent years, and with land-based establishments forced to close their doors for prolonged periods during the global pandemic, a growing number of gambling enthusiasts began logging on to get their fix of Blackjack, Baccarat and other popular games online. With many of the…

Czech National Bank purchased a new stake in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38177 shares of the casino operator's stock, valued at approximately $1432000. A number…

This year, a New York politician wants to legalize complete casinos near New York City. Sen. Joseph Addabbo, a Democrat from Queens, said that he doesn't wish the licensing procedure for three casinos in the metro region that are designed to resemble Las Vegas to "linger." Addabbo chairs the state Senate's Committee on Racing, Gaming, and…

Las Vegas Sands (NYSE: LVS) announced its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York. The company said it has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. The transactions…

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Nassau civic associations protest proposed Sands casino project at Nassau ColiseumHomeowners from Uniondale and neighboring communities came out Friday morning to demonstrate against the proposed plan to bring a casino to Nassau Coliseum.Las Vegas Sands is hoping to receive a gambling license from the state that could enable them to build a new…

The race to build New York's first full-service casino is going upscale. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The project is one in a growing list of bids to secure…

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Texas House Speaker Dade Phelan said he is open to bringing resort-style casinos to the state. In a brief interview with reporters on Thursday, he said he believes voters would approve the constitutional amendment needed to expand gambling. As reported by Dallas News, Phelan said that while he does not want to see gaming spread limitlessly,he would…

A New York lawmaker is pushing for full casinos to be licensed in the New York City area this year. Sen. Joseph Addabbo, D-Queens, told Gambling.com he doesn't want the licensing process for three Las Vegas-style casinos in the metropolitan area to "linger." Addabbo is chairman of the state Senate Committee on Racing, Gaming and Wagering. Any delay…

State of New Jersey Common Pension Fund D cut its position in Las Vegas Sands Corp. (NYSE:LVS - Get Rating) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 205785 shares of the casino operator's stock after selling 5204 shares during the quarter. State of New Jersey…