Las Vegas Sands, the big international casino-hotel company, issued a statement Wednesday that they are ending their plan to seek a license for a casino at Nassau Coliseum. The decision appears to secure another season for the Long Island Nets at the 50-year-old venue.
The Sands, which controls the Dallas Mavericks franchise, had planned to seek one of three downstate casino licenses by a June 27 deadline. If they had been awarded one of the licenses, expected in December, the Coliseum would’ve been demolished and the Nets G League affiliate would presumably have had to find a new home.