Las Vegas Sands completed its $1.3 billion sale of its former Pennsylvania casino resort in Bethlehem to Wind Creek Hospitality last May. Fast forward to today, and the transaction is proving to be a sound decision by the casino giant. Few saw the coronavirus pandemic coming in 2019.
What happened to the Sands casino in Bethlehem?
Last updated on: July 17, 2019, 02:47h. Expertise: Crime, Regulation, Retail betting. The Sands Bethlehem is now the Wind Creek Bethlehem, this week officially adopting the name of its new owner, Wind Creek Hospitality.
How much did the Sands casino sell for?
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two Nevada properties in a $6.25 billion deal.
Is Wind Creek casino in Bethlehem open?
The Outlets at Wind Creek Bethlehem, however, will remain open, operating at no more than 50% capacity, per the state’s new order on in-person retail. It is the second time this year that Wind Creek and the state’s other casinos will be forced to close in an attempt to stem the virus’ spread.
Why did Sands casino change its name?
‘Sands’ casino being renamed ‘Wind Creek’ after Poarch Creek Indian purchase. … Wind Creek is the gaming arm of Alabama’s Poarch Band of Creek Indians. The sign change plan was approved by the Bethlehem Planning Commission Thursday. This rendering shows how the massive ore crane will look with Wind Creek’s name.
Did the Venetian get sold?
Las Vegas Sands Corp. has sold the Venetian and Palazzo casinos, along with the Sands Expo and Convention Center, for $6.25 billion. … The sale marks the end of Las Vegas Sands’ presence in Las Vegas. The company will now focus on its resorts in Macau and Singapore.