American developer and operator of casino resorts Las Vegas Sands is still seeking a license in New York. This was revealed by CEO Rob Goldstein during a recent discussion of the company’s fresh financial results.
Earlier this year, New York lawmakers approved a plan that proposes toLVS, said that after the fulfillment of contractual obligations in Macau, the company will have surplus capital. The operator plans to aim for New York and capitalize on other growth opportunities in new jurisdictions. The timing of receipts and availability of cash, among other things, will facilitate this.
Dumont praised LVS’s operations in Singapore and Macau, explaining that the operator’s facilities in those regions have been consistently profitable. Given the current cash flow, he predicted that the company would be able to continue investing in the Macau business.
In the meantime, Las Vegas Sands will continue to fight for the
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