New York is seeking proposals for three casino licenses in the New York City area. Las Vegas Sands joins Caesars Entertainment, Wynn Resorts, Hard Rock International and Bally’s Corp., which have announced partnerships for New York casino resorts or expressed interest in the lucrative market.

Las Vegas Sands was unsuccessful in its attempts to speed up the New York City licensing process from the legislatively mandated 2023 timeframe. New York voters approved casino legalization in 2013, but the state legislature authorized just four casinos in upstate New York for the first seven years, giving the operators an opportunity to build their businesses before casinos were added to New York City. to build a $1.7 billion resort, leaving New York City the biggest market still looking to add casinos. It wants to create a resort on Long Island in a new market that analysts think will be the nation’s most expensive to build outside Las Vegas.

The company, which sold The Venetian, The Palazzo and The Venetian Expo a year ago for $6.25 billion, operates five resorts in Macau and Marina Bay Sands in Singapore but no longer operates a casino in Nevada. flagship resort for Las Vegas Sands Corp. The former home of the New York Islanders, where the professional hockey team won four straight Stanley Cup championships in the 1980s, may soon be transformed into the new U.S.

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