Las Vegas Sands Secures New York Game License

The competition for three downtown commercial casino licenses in New York State is becoming more and more interesting day by day. 릴게임 This week, leading integrated resort company Las Vegas Sands also shared its ambition to enter the competition. The company’s bid will seek to develop multibillion-dollar hospitality and entertainment projects on Long Island, New York.

In its last fiscal budget, the New York administration voted to include a fast track of three available downstate licenses. Ahead of January this year, the Game Facilities Location Committee launched an applicant request for the committee to review so that candidates can submit casino bids. The three winners will be decided at the end of 2023.

For a casino bid on Long Island, Las Vegas Sands has already entered into a partnership to purchase a long-term lease of the site, which is now occupied by the Nasau Veterans Memorial Coliseum. If the deal is fully approved, the leading integrated resort company will be able to control up to 80 acres in New York’s Nasau Country.

In a press release, the company explains that its project will come with world-class casino games that will account for up to 10% of the project’s total square feet. In addition to premium living entertainment venues, there will be outdoor community spaces, 4-star and 5-star hotel rooms. It will also have celebrity chef restaurants, hands-on events and venues, conference and convention spaces, spas, swimming pools, fitness centers, etc.

In addition, the corporation plans to work with the community to jointly create development plans and bids that can help the new entertainment area maximize economic opportunities while also building stronger communities and protecting quality of life. The company will reactivate numerous working groups established by RXR Realty to find local residents’ goals.

Another important point is that the project will provide thousands of quality union jobs in construction and operation. The company will also utilize Sands ECO360, an industry-leading environmental sustainability program. Finally, the plan is to create unique developments for the region through investment in existing community and cultural projects and organizations.

But in order to get hold of one of the licenses, the company must face serious competition. Currently, Resorts World NYC and Empire City casinos are barely nailed to get two of the licenses. Others who have expressed interest in joining the local industry include Thor Equitis, Stefan Soloviev, Wynn Resorts and Stephen Cohen.

The alliance of Caesars Entertainment, SL Green and Rock Nation has also expressed interest in hosting casinos in Times Square, New York. In December, their bid even received support from local theater workers, musicians, small business owners, hotel operators and construction unions. This is considered a major boost in competition and certainly enhances the opportunity for bidding.

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