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Las Vegas Sands CEO warns New York igaming could dilute proposed resort value

Business

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.

End-of-day close Las Vegas Sands (LVS), USD, to 14 March 2025
Story date16 December 202414 March 2025

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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