https://www.abouttanzanitejewelry.com/news/sands-buys-texas-land-before-adelson-mavericks-acquisition/ Latest Casino and Gaming News Thu, 28 Dec 2023 02:27:04 +0000 hourly 1 https://wordpress.org/?v=6.4 https://www.abouttanzanitejewelry.com/news/sands-buys-texas-land-before-adelson-mavericks-acquisition/#comment-350523 Thu, 28 Dec 2023 02:27:04 +0000 https://www.abouttanzanitejewelry.com/news/?p=302563#comment-350523 $240 million is what LVS paid to the private company that held the lease. LVS also paid $54 million to Nassau County and took out a 99 year lease with the County that has a net present value of $201 million. All in, LVS paid $495 million for 72 acres of land and a coliseum building it may or may not tear down. Insane purchase price plus the lease with the County has been voided by the court because the County violated laws when they rushed approval of the lease transfer agreement back in May.

]]> https://www.abouttanzanitejewelry.com/news/sands-buys-texas-land-before-adelson-mavericks-acquisition/#comment-348163 Sun, 10 Dec 2023 00:31:54 +0000 https://www.abouttanzanitejewelry.com/news/?p=302563#comment-348163 Todd, regarding that plan for Nassau County, I think you meant to say, “…it’s FAR from guaranteed a casino hotel will open there.”

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