The company cited the threat that online gambling posed to its profits in its decision to bow out of the competition for one of three casino licenses around New York City.

Plans for a potential casino in Nassau County took a hit on Wednesday after Las Vegas Sands announced it is no longer pursuing a New York gaming license.

Las Vegas casinos, historically known for their dimly lit interiors and strict no-photography rules, are shifting gears. As social media continues to shape the way people interact with the world, some casinos are rethinking their policies on photography and video recording.