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Old 05-02-2023, 09:10 PM
 
Location: Long Island
57,228 posts, read 26,172,300 times
Reputation: 15619
Quote:
Originally Posted by atypicalLIer View Post
Out of curiosity -- has Sands looked for tax incentives? Biotech would be ideal, but what biotech firm wants to gamble on paying taxes out the wazoo in NYS?
I don't see that they asked for tax incentives but this gives them control of the 70 acres for 99 years. They are paying large amounts of funding to the TOH and Nassau.
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Old 05-03-2023, 05:59 AM
 
Location: Nassau County
5,292 posts, read 4,766,425 times
Reputation: 3997
Quote:
Originally Posted by atypicalLIer View Post
Out of curiosity -- has Sands looked for tax incentives? Biotech would be ideal, but what biotech firm wants to gamble on paying taxes out the wazoo in NYS?
Nope no incentives that im aware of.
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Old 05-03-2023, 04:27 PM
 
2,512 posts, read 3,056,040 times
Reputation: 3982
Quote:
Originally Posted by sabbathunter View Post
The problem was that Wang did not grease the right palms. Sands did.
Sometimes success comes down to gifts developers may offer to get their proposal accepted. All potential developers may have tempted officials with Ferragamo or Prada shoes, but I hear that sometimes casino developers tend to become childish and spiteful in the face of possible rejection, and joke they'll give shoes made of cement if they don't get their way.
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Old 05-04-2023, 04:08 AM
 
5,803 posts, read 2,930,663 times
Reputation: 9077
Will our taxes go down due to this development ? No? Got it.

So a few degenerate gamblers, boozing, drunk driving and out of towners coming to where they don’t belong.

I don’t see this casino lasting too long. It will die off soon enough. People don’t have disposable cash no more. Inflation is here and it will stay here for a long time.
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Old 05-04-2023, 05:36 AM
 
Location: Nassau County
5,292 posts, read 4,766,425 times
Reputation: 3997
Quote:
Originally Posted by Dave 92 LSC View Post
Will our taxes go down due to this development ? No? Got it.

So a few degenerate gamblers, boozing, drunk driving and out of towners coming to where they don’t belong.

I don’t see this casino lasting too long. It will die off soon enough. People don’t have disposable cash no more. Inflation is here and it will stay here for a long time.
Only Uniondale would see a tax benefit if there is one (there never is)
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Old 05-04-2023, 08:23 AM
 
6,384 posts, read 13,152,502 times
Reputation: 4662
Quote:
Originally Posted by Dave 92 LSC View Post
Will our taxes go down due to this development ? No? Got it.

So a few degenerate gamblers, boozing, drunk driving and out of towners coming to where they don’t belong.

I don’t see this casino lasting too long. It will die off soon enough. People don’t have disposable cash no more. Inflation is here and it will stay here for a long time.
Take a ride to Jakes 58 over the weekend and you’ll change your mind real quick. The parking lot can not even handle the cars. They are parked on all the side streets. It’s raked in 250 million a month at the top months! So people def have $ to burn out here.
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Old 05-04-2023, 08:53 AM
 
2,685 posts, read 2,325,501 times
Reputation: 3051
Quote:
Originally Posted by rocafeller05 View Post
Take a ride to Jakes 58 over the weekend and you’ll change your mind real quick. The parking lot can not even handle the cars. They are parked on all the side streets. It’s raked in 250 million a month at the top months! So people def have $ to burn out here.
Restaurants are packed. Took my kid to mini golf 2 hour wait. Plenty of $$ here, if this casino is built it will be high end and most likely will end up being in the top 3 most profitable casinos in the country. I’m here for it I hop it happens as it will be hilarious. No islanders lighthouse yes casino!
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Old 05-04-2023, 09:16 AM
exm
 
3,720 posts, read 1,778,252 times
Reputation: 2849
Quote:
Originally Posted by peconic117 View Post
Only Uniondale would see a tax benefit if there is one (there never is)

Plus the Town of Hempstead.


My primary concern is traffic.
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Old 05-04-2023, 09:35 AM
 
Location: Nassau County
5,292 posts, read 4,766,425 times
Reputation: 3997
Quote:
Originally Posted by gx89 View Post
Restaurants are packed. Took my kid to mini golf 2 hour wait. Plenty of $$ here, if this casino is built it will be high end and most likely will end up being in the top 3 most profitable casinos in the country. I’m here for it I hop it happens as it will be hilarious. No islanders lighthouse yes casino!
For now, but that can change very quick if the economy goes south. I remember how empty Vegas was after 2008.
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Old 05-04-2023, 11:15 AM
 
1,261 posts, read 559,929 times
Reputation: 1175
Quote:
Originally Posted by rocafeller05 View Post
Take a ride to Jakes 58 over the weekend and you’ll change your mind real quick. The parking lot can not even handle the cars. They are parked on all the side streets. It’s raked in 250 million a month at the top months! So people def have $ to burn out here.
Pretty sure the revenue from that casino is almost entirely funding the operations of the Village of Islandia at this point
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