Las Vegas Sands withdraws $4bn Nassau Coliseum casino proposal
Las Vegas Sands said it has withdrawn its proposal for a casino and entertainment complex at Nassau Coliseum on Long Island and is no longer pursuing a New York gaming licence. It plans to retain its site entitlements while seeking a third party to bid for a casino licence; the company cited concern about the possible effect of iGaming legalisation.
The withdrawal leaves the Nassau Coliseum project dependent on a potential third-party bidder to remain in New York’s casino licensing process.