New York court upholds lease invalidation, creating uphill battle for Sands Long Island casino

New York court upholds lease invalidation, creating uphill battle for Sands Long Island casino

Article brief provided by PlayNY
  • Grant Lucas, PlayNY
December 16, 2023 12:31 PM

The road to a potential downstate New York casino license just got longer for Las Vegas Sands.

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Just over a month after a state court nullified the 99-year lease it secured with Nassau County to develop a casino resort at Nassau Veterans Memorial Coliseum – as well as another court granting a stay to delay that invalidation – Sands saw a New York appeals court uphold the initial ruling, blocking Nassau County from transferring the Nassau Coliseum lease to the gambling company.

As a result, Las Vegas Sands faces a lengthy uphill battle to land one of the three downstate retail licenses, much less NY online casino licensing should the state legalize the industry.