#Nassau Hub

World Casino News

LVS Suffers Legal Setback Over Its NY Casino Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a legally acceptable lease to manage the Nassau Coliseum and the ground surrounding it. Additionally, this ruling poses another problem for the…
Law
LVS Suffers Legal Setback Over Its NY Casino Plans
Newsday

Las Vegas Sands casino opponents ask Hempstead to halt environmental study

Opponents of a $4 billion casino-resort proposal at the site of the Nassau Coliseum are calling on the Town of Hempstead to halt an environmental review of it until a state Appellate Court rules on the developer's rights to the property. "Say NO to the Casino," a group of local residents, is challenging whether Las Vegas Sands is allowed to study…
Law
Las Vegas Sands casino opponents ask Hempstead to halt environmental study
Wild Casino
Newsday

Las Vegas Sands Casino proposal faces lengthy court fight, experts say

A $4 billion casino resort proposal at the site of the Nassau Coliseum could get tied up in court for years, legal experts say, over whether county officials skipped state environmental requirements and were pressured to fast-track a lease for the area's largest private investment in more than 15 years. The next steps in Las Vegas Sands' plan could…
Law
Las Vegas Sands Casino proposal faces lengthy court fight, experts say
Patch

Appeals Court Stays Ruling To Block Nassau Hub Casino Lease

UNIONDALE, NY - Plans for the Nassau Hub casino have hit the pause button. The State Supreme Court Appellate Court issued a stay on Friday evening to a ruling this week where a state judge annulled the county's approval of a 99-year lease for Las Vegas Sands to construct a high-end hotel and casino. The initial decision came from a lawsuit brought…
Law
Appeals Court Stays Ruling To Block Nassau Hub Casino Lease
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CBS News

Judge blocks Las Vegas Sands' agreement to build casino at Nassau Coliseum site

UNIONDALE, N.Y. -- There are three coveted licenses up for grabs to run a Downstate New York casino. But with billions of dollars hanging in the balance, a judge just threw a curveball to one of those jockeying for position. Developers who want to turn the Nassau Coliseum site into a gambling casino and resort were told to go back to the drawing…
Law
Judge blocks Las Vegas Sands' agreement to build casino at Nassau Coliseum site
Newsday

Las Vegas Sands paid $241 million for Nassau Coliseum site lease

Taking another step toward a casino bid, Las Vegas Sands has paid a total $241 million to acquire a lease to control the Nassau Coliseum site, according to a new company filing. The price tag included a $92 million "goodwill" premium - more than the property's true value, according to the company's quarterly report filed Oct. 20 with the U.S.…
Industry
Las Vegas Sands paid $241 million for Nassau Coliseum site lease
Patch

Garden City Middle School Hosts Conversation About Underage Gambling

GARDEN CITY, NY - While no decision has been made on bringing a hotel/casino to the Nassau Hub site, the Say No to the Casino Civic Association is addressing one of the concerns facing the community. Les Bernal, National Director of Stop Predatory Gambling, a non-profit based in Washington, DC, will speak at Garden City Middle School about the new…
Law
Garden City Middle School Hosts Conversation About Underage Gambling
The Real Deal

Local Colleges Divided on Sands’ Nassau County Casino

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…
Law
Local Colleges Divided on Sands’ Nassau County Casino
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Newsday

Las Vegas Sands' $4B Nassau casino proposal takes next step

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…
Politics
Las Vegas Sands' $4B Nassau casino proposal takes next step
Newsday

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. The 19-page audit, released Thursday by State Comptroller Thomas DiNapoli, found the casinos distributed a total $176 million to local…
Finance
Las Vegas-style casinos 'not a sure bet' for government finances, state audit says
Long Island Press

Las Vegas Sands Casino Plan Advances as Nassau Pols OK Lease

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…
Law
ABC 7 NY

Nassau County to vote on proposed Las Vegas Sands casino at Nassau Coliseum

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…
Law
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New York Post

Sen. Jessica Ramos blocks Steve Cohen's casino bid next to Mets ballpark

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…
Law
Sen. Jessica Ramos blocks Steve Cohen's casino bid next to Mets ballpark
WSHU

Nassau County, Las Vegas Sands move forward with lease agreement for proposed casino

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…
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Nassau County, Las Vegas Sands move forward with lease agreement for proposed casino
New York Post

Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it

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…
Law
Hofstra president Susan Poser debunks Sands casino as bad bet, urges local lawmakers to nix it
Newsday

Casino stakes high for Hempstead Town

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…
Finance
Casino stakes high for Hempstead Town
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The Real Deal

Las Vegas Sands Inks Nassau Coliseum Lease

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…
Politics
Las Vegas Sands Inks Nassau Coliseum Lease
Patch

Las Vegas Sands Has New Lease To Take Over Nassau Hub Land

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…
Finance
Las Vegas Sands Has New Lease To Take Over Nassau Hub Land
Long Island Press

Las Vegas Sands, Nassau County Executive Announce Nassau Hub Deal

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…
Industry
Las Vegas Sands, Nassau County Executive Announce Nassau Hub Deal
Newsday

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 - 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…
Travel
Las Vegas Sands strikes Coliseum lease agreement for $4B casino resort
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ABC 7 NY

Nassau County strikes deal with Las Vegas Sands to bring casino to area

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…
Law
Nassau County strikes deal with Las Vegas Sands to bring casino to area
World Casino News

Hofstra Lawsuit Claims Casino Hearing Breached Law

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…
Law
Hofstra Lawsuit Claims Casino Hearing Breached Law
Newsday

Hofstra lawsuit: Casino hearing violated open meetings law

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…
Law
Hofstra lawsuit: Casino hearing violated open meetings law
World Casino News

Las Vegas Sands Proposed NY Casino Opposed By Hofstra

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,…
Law
Las Vegas Sands Proposed NY Casino Opposed By Hofstra
City & State New York

How do you convince Manhattanites a casino will be good for their neighborhood?

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…
Industry
How do you convince Manhattanites a casino will be good for their neighborhood?
Newsday

New Nassau casino no gamble

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…
Industry
New Nassau casino no gamble
WSHU

Las Vegas Sands pursues a downstate casino license at old Nassau Coliseum site

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…
Law
Las Vegas Sands pursues a downstate casino license at old Nassau Coliseum site
The Real Deal

Las Vegas Sands Pitches Nassau Coliseum for New York Casino

Sensing opportunity, the Las Vegas Sands entered New York's casino sweepstakes, setting its sights outside of the city. The Sands entered into an agreement to purchase the long-term lease of the Nassau Veterans Memorial Coliseum site in Uniondale on Long Island, News 12 Long Island reported. Financial terms of the agreement, which requires further…
Bonuses
Las Vegas Sands Pitches Nassau Coliseum for New York Casino
Yogonet

Sands joins downstate NY casino race with multi-billion dollar Long Island bid

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…
Travel
Sands joins downstate NY casino race with multi-billion dollar Long Island bid
Newsday

Las Vegas Sands proposes multibillion dollar project on Nassau Coliseum site

Las Vegas Sands, the casino and resort company, has submitted a bid 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, officials confirmed to Newsday. Officials with knowledge of the proposal, which would include a…
Industry
Newsday

Blakeman endorses a potential casino at the Nassau Hub

Nassau County Executive Bruce Blakeman said Friday that he supports a full-scale casino coming to the Nassau Hub, though he wants nongambling activity to dominate any potential development project. "It's got to be primarily an entertainment center and hospitality business with the casino as an ancillary use there … I think that an entertainment…
Law
Blakeman endorses a potential casino at the Nassau Hub
World Casino News

Las Vegas Sands looking for casino location at Long Island

Las Vegas Sands Corporation, one of the largest gambling operators in the world, is looking for a location in Long Island to build a casino following the suggestion of its senior vice president, David A. Paterson, a former New York governor. Long Island locations: Paterson said that they still do not know the location of the future facility and…
Industry
Newsday

Las Vegas Sands looking at Long Island sites for casino

One of the world's largest gambling businesses, Las Vegas Sands Corp., is looking to build a casino on Long Island at the suggestion of its senior vice president David A. Paterson, a former New York governor. "We don't know where the location is at this point," Paterson said in a Newsday interview on Thursday. "But I'm the one who suggested that…
Industry
Las Vegas Sands looking at Long Island sites for casino