Sands CEO Sheldon Adelson has voiced his concerns about online gambling potentially hindering the success of a proposed casino on Long Island. Adelson, who heads Las Vegas Sands Corp., is a prominent figure in the casino industry and has been a vocal opponent of online gambling.
In an exclusive interview with The Action Network, Adelson shared his apprehensions about the potential impact of online gambling on the Long Island casino plan. He expressed his belief that the convenience and accessibility of online gambling could divert customers away from the physical casino.
Adelson emphasized the importance of physical casinos as a form of entertainment and social interaction, and voiced his worries that online gambling could detract from the unique experience that a brick-and-mortar casino offers. He also raised concerns about the potential for increased problem gambling with online platforms.
The Long Island casino plan, which has been in the works for months, aims to bring a world-class gaming destination to the region. The proposed casino is expected to generate significant revenue and create hundreds of jobs in the area.
However, Adelson’s concerns about online gambling have the potential to make waves in the industry and influence the decision-making process for the Long Island casino project. The CEO’s influential position and track record in the casino industry could carry significant weight in shaping the future of the proposed development.
As the debate over the impact of online gambling continues to evolve, stakeholders in the Long Island casino plan will need to carefully consider how to address the concerns raised by Adelson and other industry leaders. The balance between physical and online gambling options will be a key factor in determining the success of the proposed casino and its ability to attract customers in a competitive market.
Stay tuned to The Action Network for updates on the Long Island casino plan and the ongoing discussions around the future of online gambling in the casino industry.
