Source link : https://newyork-news.info/way-forward-for-nassau-coliseum-web-site-in-limbo-after-sands-las-vegas-folds-on-on-line-casino-bid/
The way forward for the Nassau Coliseum web site is now in a state of uncertainty after Sands Las Vegas pulled out of its bid to safe a gaming license for the placement.
Sands, which had been one of the distinguished gamers within the push for a on line casino on the web site, formally dropped its plans on Wednesday, elevating questions concerning the subsequent steps for the enduring venue and its surrounding space.
Nassau County Govt Bruce Blakeman who has fought for the on line casino plan mentioned that Sands had hinted two months in the past they would wish to regulate its method.
“There are things happening in the marketplace that we have no control over,” Blakeman defined. “They’ve paid us $54 million already, so it’s been a financial boom to the county.”
A spokesperson for Sands Las Vegas supplied additional perception into the corporate’s resolution to halt its plans, citing issues concerning the potential legalization of iGaming, which might have an effect on the general marketplace for land-based gaming.
“We are in the process of attempting to secure an agreement with a third party,” the spokesperson acknowledged, hinting at potential new developments.
Whereas Sands pulls again, Nassau County continues to face vital authorized challenges associated to the on line casino mission.
The Village of Backyard Metropolis, a neighboring group, has filed a lawsuit towards the proposal, arguing that the presence of a 400,000-square-foot on line…
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Author : newyork-news
Publish date : 2025-04-25 05:51:00
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