The Las Vegas Sands Company has introduced its plans to construct a on line casino on Lengthy Island after the suggestion got here from David Paterson, its Senior Vice President.
Nassau Hub, the location of the Nassau Veterans Memorial Coliseum, is without doubt one of the many areas the playing company is contemplating for its newest venue. Paterson, a former New York governor, introduced this at a two-hour joint assembly with members of native chambers of commerce on the South Farmingdale Hearth Division constructing.
In April this 12 months, elected officers approved as much as three on line casino licenses for the downstate areas of New York Metropolis, Lengthy Island and Westchester County. Because it stands, two of the out there licenses will likely be awarded to MGM’s Empire Metropolis On line casino in Yonkers and Resorts World in Queens for them to transform to full-blown playing venues as an alternative of slots-only.
The race has now begun for the one out there license as main playing companies within the nation announce their plans. Caesars has made public its partnership with SL Inexperienced, Wynn has teamed with The Associated Firms, Exhausting Rock has paired up with billionaire Steve Cohen, and Bally’s can be within the combine. Nonetheless, a significant determinant of their win is the situation they select.
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Paterson, who understands the lay of the land as he had lived there for a part of his life, highlighted how Lengthy Island is the perfect location because of a bunch of causes. Main amongst these is the site visitors issues in Manhattan. New York Metropolis is understood for its site visitors congestion and that may discourage potential patrons who might need to pay $25 extra for the commute.
“I don’t know why persons are interested by placing a gaming facility in [Manhattan’s] central enterprise district, between thirty fourth Road and 59th Road, given all of the challenges that COVID-19 introduced us and making an attempt to get individuals again in workplace buildings,” he stated.
Paterson additionally spoke on how Lengthy Island’s proximity to each Kennedy and La Guardia airports is a significant boon for Sands.
“A very powerful factor concerning the location of a on line casino is proximity to the airports as a result of a really excessive proportion of gamblers fly world wide and go to those casinos. So, Lengthy Island, significantly proper on the edge [with Queens], you may get to the airport in quarter-hour generally,” he stated.
Sands additionally assured the executives within the assembly of the availability of employment alternatives and vacationer sights past the gaming flooring in its on line casino. Ron Reese and Norbert Riezler famous that the corporate usually spends about $3 billion to $4 billion on creating a on line casino and its gaming flooring solely takes up 10% of the ground area. In addition they assured the individuals current the corporate will let workers of the on line casino be a part of labour unions to guard their rights.
The corporate added that other than Nassau, it’s taking a look at Belmont Park in Elmont, Citi Subject in Queens, and Coney Island in Brooklyn as doable areas. In the meantime, the gaming fee is but to just accept purposes for the license and no license will likely be issued until late in 2023.