Las Vegas Sands Drops Bid to Open a Casino on Long Island [The New York Times]
Las Vegas Sands Corp. (LVS)
Last las vegas sands corp. earnings: 4/22 04:05 pm
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Source: The New York Times
Las Vegas Sands, the casino and resort company that has aggressively maneuvered to build a casino on Long Island in recent years, said on Wednesday that it was dropping its campaign, citing the potential threat posed to its profit margins by online gambling.Casino companies and real estate developers have fiercely competed in recent years forthree casino licensesIts decision to drop that bid — over what it said were concerns about “the impact of the potential legalization of iGaming on the overall market opportunity and project returns” — was a major development in the cutthroat competition to bring full-fledged casinos to New York.Other developers who have vigorously pursued bids include Steve Cohen, the owner of the New York Mets, who wants to open a casino at Citi Field in Queens with Hard Rock Entertainment; the Hudson Yards developer Related Companies, which has proposed a casino onthe Far West Side of Manhattana casino in Times Squarethe Trump Golf Links at Ferry PointIn a state
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- Las Vegas Sands (NYSE:LVS) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
LVS
Earnings
- 10/22/25 - Beat
LVS
Sec Filings
- 12/12/25 - Form 144
- 12/12/25 - Form 4
- 12/5/25 - Form 4
- LVS's page on the SEC website