Las Vegas Sands (NYSE: LVS) said should it be awarded a New York casino license, construction costs on the Nassau County locus could touch $6 billion.

The largest gaming troupe past securities industry capitalization also reiterated its interestingness inward Texas. Executives made remarks to those effects on the operator’s fourth-quarter earnings group discussion call up later(a) Wednesday. Shares of LVS rosebush modestly today on strength inwards the firm’s Macau and Singapore segments, but much was made of the operator’s efforts to reenter the US.

As you know, we’re bidding for a licence inward New York. We’re receiving strong local support. The cost of the building will follow inwards the $6 one million million range, which enables us to make grow a dead on target five-star resort,” said CEO Rob Goldstein on the call. “This is a massive opportunity. We are really enthused nigh the prospect. Our entreat is compelling. If we take in the license, we’d follow in the run aground as quickly as possible.”

Sands is among nearly a dozen companies vying for ternary downstate casino licenses New York regulators could laurels later this year. LVS wants to build a cassino hotel on the situation of capital of the Bahamas Coliseum inward Uniondale — an exertion that’s been met with opposition past Hoftstra University and some local organizations.

Despite a judicature late ruling that capital of the Bahamas County’s transpose of the Coliseum’s lease to Sands violated New House of York open get together laws, the manipulator is forging out front with its efforts to procure I of those permits. Goldstein added that it’s possible the nation testament get a decision on the winning bidders this year, but also noted “we don’t make any great perceptiveness if that will happen.”

Sands Talks Texas

Following the acquisition of majority curb of the Dallas Mavericks by Dr. Miriam Adelson — Sheldon Adelson’s widow woman — and the family line of LVS CFO St. Patrick Dumont –speculation intensified that the manipulator is eyeing Dallas as a spot for a potential cassino resort.

Adding to that conjecture are reports confirming that a special liability corp (LLC) tied to Las Vegas Sands shoemaker's last July acquired solid ground near TX Stadium in Irving, Texas. On the group discussion call, the operator reiterated its bullish panorama on the second-largest state.

“In terms of Texas, i reckon the most important thing is that Las Vegas Sands is actively trying to alleviate the evolution of structured resorts inwards the State of Lone-Star State and through and through the liberalization of gaming,” said Dumont. “And so we’re real excited well-nigh it. We opine it’s an unbelievable market. Over time, we trust that it happens. i can’t recite you when it’s sledding to be, but we’re rattling focussed on it as a company, and we the like the chance to make grow some rattling unique touristry assets, specifically inward Dallas.”

He’s at present the regulator of the Mavericks piece now minority proprietor Gospel According to Mark Cuban oversees basketball game operations.

Analysts Bullish on Sands’ Asia Exposure

Currently, Sands’ entire portfolio is comprised of cinque Macau integrated resorts and Marina Bay Sands inwards Singapore. Analysts are bullish on Macau where Sands Communist China is the largest operator.

“LVS’s market-leading elbow room provide is positioned to welfare from the later stages of post-pandemic retrieval and boilers suit marketplace growth,” wrote CBRE analyst John DeCree inwards a report to clients today.

Macquarie psychoanalyst Republic of Chad Beynon reiterated the eyeshot that Sands is one of the best Macau equities to own piece lauding the earnings delivered by Marina Bay Sands.

“LVS remains a teetotum Macau pickaxe precondition its strong management team, cap returns, leading attitude inwards mass and unrivaled mental ability (rooms, tables, non-gaming). Additionally, Singapore Island continues to follow an incredible source of strength and earning,” he wrote in a note.