Las Vegas Sands has decides not to pursue the development of a casino & resort at the Nassau Coliseum and it will not apply in June for one of the state’s three gaming licenses available for the downstate region.
In a statement, the company says it believes that the Coliseum “is the best location” for a development opportunity. However, the company cited concerns about the impact of the potential legalization of iGaming on the overall market opportunity and they are attempting to secure an agreement with a third party who would bid for a casino license at the Nassau Coliseum site.