Las Vegas Sands aims to build a multi-billion-dollar casino and resort complex on the site of the recently renovated Nassau Veterans Memorial Coliseum at Uniondale, Long Island.
The 80-acre scheme would contain hotels, a live performance venue, a casino, spa and restaurants. Las Vegas Sands say that less than 10% of the total square footage would be used for gambling.
New York news outlet Newsday has reported that the plan represents a $4bn investment.
Las Vegas Sands has worked with RXR Realty to consult with the local community. RXR’s Chairman, Scott Rechler, says that people are strongly in favour of replacing the once prestigious but now somewhat limited Nassau Coliseum.
“The message has been overwhelmingly clear that Long Islanders want a global renowned entertainment destination,” Rechler said.
Las Vegas Sands’ Chief Executive, Robert G. Goldstein, says the resort will produce “tens of millions of dollars in tax revenue” for the community every year and boost local business.