Robert Goldstein, who replaced Adelson as CEO of Las Vegas Sands in 2021, said during the company’s second quarter earnings call that they “remain a believer” in the New York market. With no properties in the U.S.-the gaming giant currently has casinos in Macau and Singapore-winning a license in Manhattan would be big homecoming.

Las Vegas Sands, which is sitting on $6.25 billion from the recent sale of its Las Vegas properties, has been eyeing New York for years. MORE FROM FORBES How New York Became The Capital Of Mobile Betting By Will Yakowicz These numbers have attracted the likes of Las Vegas Sands, which was founded by the late billionaire Sheldon Adelson, and Wynn Resorts, controlled by billionaire Elaine Wynn. Resorts World New York, which is accessible from the subway and owned by billionaire Lim Kok Thay’s Resorts World Genting, generated $628 million in revenue last year, making it one of the best-performing casinos in the country.

A casino in the city is expected to generate more than a billion dollars in annual revenue.

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