This isn’t over yet. Las Vegas Sands is in discussions with another company that could assume the bid for a downstate casino on the land surrounding Nassau Coliseum, sources close to the project told The Point.
An announcement is expected within the next few weeks, the sources confirmed.
That development came just hours after Las Vegas Sands announced on an investor call Wednesday that it would not be bidding for a New York casino license, even as it said it believed the Coliseum site “should be highly competitive in the New York casino licensing process.”
The unidentified third party would be the entity that would take over the Sands process, apply for a casino license, and navigate the state’s bidding process.