Nassau County approves 99-year lease with Las Vegas Sands, setting stage for casino at Coliseum site

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New York: Las Vegas Sands' $4 billion casino resort proposal faces scrutiny at Hempstead Town hearing

Las Vegas Sands' proposed $4 billion casino resort in Uniondale, facing scrutiny for its potential environmental impact, took center stage at a Hempstead Town hearing on Thursday. Engineers and planners are set to evaluate over 100 intersections, water availability, and air quality surrounding the Nassau Coliseum site. The gathering at the Long…

Travel ・ 20 January 2024

Newsday

Las Vegas Sands' proposed $4B casino draws 300 to public meeting

Engineers and planners are expected to survey traffic at more than 100 intersections, the availability of drinking water from public and private wells and the impact on air quality of Las Vegas Sands' proposed $4 billion casino resort on the site of the Nassau Coliseum, witnesses at a Hempstead Town hearing said Thursday. Hundreds of supporters and…

Travel ・ 19 January 2024

Newsday

Las Vegas Sands environmental review advances in Hempstead, despite court ruling

The $4 billion casino resort proposal at the Nassau Coliseum site moves forward Thursday with public meetings on an environmental study led by the Town of Hempstead, despite a legal battle between the county and Hofstra University that had put the process on hold. Two "scoping sessions" are scheduled at the Long Island Marriott in Uniondale, at…

Law ・ 18 January 2024

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 ・ 10 January 2024

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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 ・ 20 November 2023

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 ・ 11 November 2023

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 ・ 27 October 2023

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 ・ 27 September 2023

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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 ・ 11 August 2023

iGaming Brazil

Las Vegas Sands Casino Project in New York Approved

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…

Law ・ 24 May 2023

Review Journal

Las Vegas Sands Corp. gets Nassau Coliseum land

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…

Law ・ 24 May 2023

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 ・ 23 May 2023

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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 ・ 22 May 2023

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 ・ 22 May 2023

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 ・ 08 May 2023

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 ・ 05 May 2023

Newsday

Las Vegas Sands lease gets OK from Nassau Planning Commission

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…

Law ・ 28 April 2023

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 ・ 27 April 2023

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 ・ 27 April 2023

longisland.news12.com

Nassau officials reach new lease agreement with Las Vegas Sands at Coliseum site

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…

Finance ・ 27 April 2023

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 ・ 27 April 2023

Fox 5 New York

Nassau County strikes Las Vegas Sands deal for new casino

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…

Law ・ 28 April 2023

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 ・ 20 April 2023

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 ・ 18 April 2023