Las Vegas Sands has announced plans to build a new, multi-billion-dollar flagship land-based casino resort facility in the Long Island area of New York.
The operator has agreed to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum. While the deal remains subject to certain approvals, the transaction would grant Sands control of up to 80 acres.
Initial plans for the development state casino gaming would represent less than 10% of the total square footage of the location. The wider development would also include hospitality and entertainment facilities such as a hotel, live performance venue, outdoor community spaces, health club, spa, celebrity chef restaurants and convention space.
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