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Las Vegas Sands CEO questions New York resort investment amid online gambling growth

Licences & markets

Las Vegas Sands chairman and chief executive Rob Goldstein said the company remains interested in its proposed Long Island casino resort but is assessing online gambling’s potential effect on land-based revenue. He said licence applications were expected in spring and a decision might come in the first quarter of 2026, rather than by the end of 2025.

Sands is assessing online gambling’s potential effect on land-based revenue as it considers its proposed resort and licensing timeline.

End-of-day close Las Vegas Sands (LVS), USD, to 6 December 2024
Story date9 September 20246 December 2024

Latest reported results

Las Vegas Sands NYSE: LVS

Quarter ended 30 September 2026

Revenue
USD 3.22bn10-Q filing 0001300514-26-000103
Operating income
USD 618.0m10-Q filing 0001300514-26-000103

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