New York mobile sports betting hits $2.28B in December 2024
New York State posted its second-highest mobile sports betting handle in December 2024, reaching $2.28 billion.This figure has gone up by 0.7% when compared to the...
Las Vegas Sands gains approval for Long Island casino
The Nassau County Legislature Rules Committee voted to authorize a 42-year lease for the Nassau Coliseum on Long Island to Las Vegas Sands (LVS).
Las Vegas Sands is competing for a casino license in New York and is seeking the green light from locals.
In Nassau County, in 2022, land was leased to LVS but Hofstra University protested it because there wasn’t an environmental evaluation. On July 22, however, the lease received a nod despite local dissent.
LVS would have to keep the Nassau Coliseum open for business for a minimum of two years as per the terms of the lease. But it gives the business 42 years overall to maintain control over the land.
Garden City resident Monica Kiely said at the meeting:
“You already know how bad it is: bad for people, bad for families, bad for communities, bad for small businesses, bad for our property values, and bad for our county economy. Tying up this property for 42 years means that you can’t put a good project there. And that’s what the operational lease is all about—42 years of control. It’s not about saving Coliseum workers’ jobs. Right in the lease, it says they can close it down in two years.”
Officials at Hofstra University remain strongly against the project.
Terry Coniglio, a spokeswoman for Hofstra University, expressed his opinion:
“A casino would pose an enormous risk to the public and to the over 30,000 students who go to school at Hofstra and other schools within the block of the hub. These risks include gambling addiction, crime, pollution, and traffic congestion.”
With its 72 acres, the proposed Sands New York is aiming to be a $4 billion casino resort. There will also be outdoor community spaces, opulent hotels, and an outstanding venue for live performances to celebrate the Nassau Veterans Memorial Coliseum’s legacy of live music.
UFT stands against Caesar’s NY casino project
One of New York's most influential unions, the United Federation of Teachers, has announced its opposition to Caesars Entertainment's NY casino project.
According to the...
