Nassau County officials testament reconfigure a previously reached charter accord with Las Vegas Sands pertaining to the Nassau Coliseum in Uniondale, NY inwards an travail to assist the gaming troupe procure ane of terzetto downstate gambling casino licenses.
Last May, Nassau County legislators voted 17-1 inwards favour of granting Sands a 99-year engage to grow county-owned terra firma on the Nassau Hub site. It was later reported that the gaming fellowship paid $241 meg for those rights. Last November, New York State Supreme Court Justice Sarika Kapoor annulled that accord, locution that Hofstra University, which brought the showcase against the county, demonstrated the manner in which the county transferred the hire to Sand was “an try to avoid public scrutiny.”
That ruling was upheld inward Feb with the court of law noting the county violated New York’s environmental refresh and unfastened encounter laws.
In spite of delays and changing circumstances, we are full committed to trade with Sands to take a world-class hotel, amusement center, gambling casino and spa to Nassau County,” said Nassau County Executive Bruce Blakeman, a Republican, in a financial statement to News 12.
Sands has yet to remark on the young letting deal.
Hofstra Rift Leads to Nassau County Woes for Sands
LVS wants to build a $6 one thousand million cassino hotel at the Coliseum hub — a site that has gone underutilized since the New House of York Islanders moved to Brooklyn following the 2014-15 season.
Hofstra has been a vocal critic of the Long Island cassino plan and the university’s effectual maneuverings were viewed past some effectual experts as a potency stumbling cube to what’s widely been viewed as I of the to the highest degree viable of the downstate cassino pitches.
The rift betwixt the county and Hofstra intensified earlier this year amid venture that representatives of Hofstra have got been inward contact with a lobbyist with ties to New York Mets proprietor Steve Cohen and Hard Rock International, the bidders for a Queens casino license. That prompted Blakeman to levy allegations of collusion against the college.
Hofstra’s view has been that it doesn’t counterbalance structured resorts inward the New House of York City area, but it doesn’t want unity faithful to campus.
Next Steps for capital of the Bahamas County, Sands Not Yet Clear
For now, the next steps that testament be taken past capital of the Bahamas County and Sands aren’t crystalise nor has either stakeholder commented on whether or non thither live financial ramifications of a reworked charter agreement.
A potential outcome is that by Nassau County altering the letting transferee pact, the county could quash the Hofstra case, thus removing an overhang to Sands’ efforts to purse a New York gaming license.
On the company’s first-quarter earnings conference telephone earlier this month, CFO Saint Patrick Dumont said the New House of York bidding mental process lacks lucidity and has been “confusing and disappointing.”
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