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Wednesday, April 26, 2023

NY CASINO:Bruce Blakeman, Las Vegas Sands strike Coliseum lease agreement


More and more companies making deals for land in NY to try to build a casino. I wonder how log of a shot this is to get done at the Nassau Mausoleum.


Nassau County Executive Bruce Blakeman on Wednesday is expected to announce a new lease agreement with Las Vegas Sands that would give the casino-resort company control over the Nassau Coliseum property. 

Administration officials with knowledge of the deal said they are expected to announce a “large, lump-sum payment not contingent on securing a state gaming license” along with annual revenues to the county and Town of Hempstead and surrounding communities that will exceed $100 million per year.

Read more here. 

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