Sheldon Adelson interested in a NYC casino
While current laws bar the state from issuing casino licences until 2023, the casino mogul believes the timeline could be reduced.
US.- Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, is reportedly interested in a New York City casino. The casino mogul has started conversations with industry executives, but current laws prohibit the city from issuing casino licences until 2023.
A report from Politico has pointed out that Adelson is discussing the idea with New York business leaders: Howard Glaser, former operations chief of Governor Andrew Cuomo, is working as a consultant for the casino company and has arranged meetings between Las Vegas Sands and local executives. The operator also hired a lobbying firm where Cuomo’s campaign manager works, as well as his former communications director.
Las Vegas Sands has also reached an agreement with Peter Ward, who heads New York’s hotel workers union, which said that the deal guarantees that hotel and casino workers have the right to organise at any future Sands facility in the city.
“Sands has had the opportunity to meet with people representing the business community, civic organizations and organized labour. These discussions have given the company both important insights on New York as well as producing tangible results, such as the labour peace agreement the company reached with Peter Ward and the Hotel Trades Council,” said a spokesperson for the company.
However, state law indicates that it is prohibited to issue any licences in New York City until 2023 or seven years after the first upstate casino became operational, but it is believed among casino operators that this timeline could be reduced. The state has authorised seven non-Indian casinos in 2013.
