Long Island-based RXR Realty and Las Vegas Sands are joining forces on a bid to redevelop the Nassau Coliseum into a casino and hotel, the latest venture teaming a gaming giant with an NY real estate firm in the contest to win one of three NYC-area casino licenses.

Sands has agreed to buy a long-term lease for the 80-acre site in Uniondale, NY, which includes the 40-year-old arena that was the former home of the NY Islanders NHL franchise, for an undisclosed price. Last year, the Islanders moved into a new arena next to the Belmont Park racetrack.

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Jack Rogers

GlobeSt

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