Las Vegas Sands CEO warns New York igaming could dilute proposed resort value
Las Vegas Sands CEO Rob Goldstein said online casino gaming could become a competitor during construction of the company’s proposed $6bn resort and casino on Long Island, New York. He said the prospect could dilute the value of the planned investment; a New York Senate bill introduced the previous week would legalise online casino gaming.
Potential online competition is a stated concern for Sands as it pursues a major New York casino investment.