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Las Vegas Sands said to be rethinking Massachussetts casino market
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LAS VEGAS REVIEW-JOURNAL
Las Vegas Sands Corp. may be reconsidering its stance on the Massachusetts casino market.
The Boston Herald reported Wednesday the casino operator might want to bid on the single license for Boston, which is also being sought by rivals Wynn Resorts Ltd. and Caesars Entertainment Corp.
Massachusetts approved casino expansion in October and the state will license three full-scale casino-resorts and slot machine parlor.
"The company remains interested in developing an integrated resort property in Massachusetts, but has not made any final determinations," Las Vegas Sands spokesman Ron Reese told the newspaper.
Wynn is linked with New England Patriots owner Robert Kraft in Foxborough while Caesars is partners with the Suffolk Downs racetrack.
Las Vegas Sands Chairman Sheldon Adelson is a native of the Boston suburb of Dorchester.
"I think Sheldon Adelson will get involved once the other guys have laid their cards on the table," casino expert Richard McGowan of Boston College told the Herald. "He's the elephant in the room. He's been much more successful than (Steve) Wynn."
Contact reporter Howard Stutz at hstutz@reviewjournal.com or 702-477-3871. Follow @howardstutz on Twitter.
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"He's the elephant in the room. He's been much more successful than (Steve) Wynn."
What a joke. Some "expert" you are Mr McGowan!
All smart money is going else where, I believe There won`t be any major casino construction for yrs to come in Vegas. Macau is getting all the major new constructions. It was nice in Vegas `bout the time Chevy Chase made the movie Vacation in Vegas, was the kid`s name Mr Degiorgio. Vegas was great then.
Matty2: Who knows how or why things get done or licensed. Maybe you ar right- maybe not. One thing is true, the Las Vegas developers are doing 95% of their business and growth outside of Nevada.
HaHaHaHaHa.
Sheldon couldn't get a license in Massachusetts to operate a lemonade stand. Before you write such stuff, Howard, learn about politics. Sheldon is persona non grata in the Commonwealth.
"He's the elephant in the room. He's been much more successful than (Steve) Wynn."...Thems fighting words!
The Sands cannot affod NOT to be involved. Major gaming is expanding to to other world destinations, with expansive luxuries and incredible values and the money for the deveopers and operators is clearly there for the taking. Go Nathan...!