Las Vegas Sands, one of the biggest names in gaming, has big plans for the area around Nassau Coliseum. GusoffTV reports.
-- A Las Vegas-based casino and resort giant wants to bring gambling and a multi-billion dollar entertainment complex to the undeveloped area around Nassau Coliseum. Las Vegas Sands, one of the biggest names in gaming, has big plans for the Nassau Hub to transform 72 acres around the Coliseum.
The company entered into an agreement with the site's developer to lease the county-owned land and applied for one of three downstateFormer Gov. David Paterson is on the team pitching the proposal. After years of doomed proposals - the Lighthouse Project deemed too big - this one has greater odds of winning approval in part because the $4 billion investment would be funded privately.
"Obviously, eventually lower taxes for people who live here, and it will create not only jobs, but careers," said Paterson.
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