SANDS NEW YORK TITLE SPONSOR SPOTLIGHT

SANDS IS THE WORLD’S PREEMINENT DEVELOPER AND OPERATOR OF WORLD–CLASS INTEGRATED RESORTS. TELL US THE SANDS STORY.

Founded in 1989, Sands has a proven track record of driving significant positive impact in the regions where we operate and advancing the tourism industry with innovative developments and offerings. The opening of The Venetian Resort Las Vegas in 1999 introduced the MICE-driven Integrated Resort by combining The Venetian Hotel with luxury shopping, entertainment and massive meeting space at the Sands Expo and Convention Center, which Sands opened in 1990. The Integrated Resort helped transform Las Vegas into the meeting and convention capital of the world

Sands has also been a major catalyst in Macao’s expansion as an international travel and tourism destination. Our vision helped ignite construction of the Cotai Strip, where Sands would open its first Asian convention-based Integrated Resort in 2007 – The Venetian Macao, which helped triple the number of international visitors to the region. Today, we operate five major resorts in Macao, with some properties containing multiple hotel brands. We also opened the iconic Marina Bay Sands in Singapore in 2010, now one of the area’s most well-known architectural sights and a key property in Singapore’s image as a leading global meeting and resort destination.

Through each of our pioneering developments, Sands’ innovative convention-based Integrated Resort model has ignited the hospitality industry with new sources of growth. Our expansive offerings capitalize on the complementary travel patterns of weekday business and weekend leisure travelers to maintain a constant flow of visitors into our resorts and their host cities.

WHAT DOES THE PORTFOLIO OF PROPERTIES INCLUDE?

Our current portfolio includes 5 integrated resorts in Macao and 1 in Singapore. We also built The Venetian in Las Vegas as well as the Sands Resort in Bethlehem, Pennsylvania, which has been a great success for the local community. The Mayor of Bethlehem has become one of our great advocates because he’s seen the type of impact we have on the communities we build in.

WHAT CAUSED SANDS TO CHOOSE LONG ISLAND AS A DESTINATION FOR THIS PROJECT?

We explored several options before choosing Long Island, but in the end, we felt this region offered us the best opportunity to create a transformational development that would become a world-class destination resort for tourists and Long Islanders alike.

WHAT PROJECTED ECONOMIC BENEFITS WILL SANDS RESORT ON LONG ISLAND CREATE?

The resort will generate millions of dollars of reoccurring, annual tax revenue for New York. If we are granted the gaming license, the economic impact will multiply significantly. State statute calls for 20% of the gaming tax revenue received to go directly back to Nassau and Suffolk Counties. In addition, the lease agreement outlines revenue guarantees to Nassau County and the Town of Hempstead, as well as direct payments for a Community Benefits Agreement, public safety, and much more.

WHAT SMALL BUSINESS/SUPPLIER OPPORTUNITIES ARE THERE FOR LONG ISLAND BUSINESSES?

This will be a $4-5 billion investment, so the opportunities for local businesses are unprecedented. Our procurement academies have drawn record crowds and we’ve seen tremendous interest from companies across the region, and across industries in working with our project. Our model includes a strong commitment to source from and do business with Long Island-owned businesses - because we believe that our developments do best when the businesses and families surrounding them are prospering. We are also especially excited about working with the community of women, minority, and veteran-owned entities to help them grow and flourish here on Long Island.