Wind Creek Hospitality to Acquire Sands Bethlehem for $1.3B - News : News
  • 2 minutes read
Published on
Update on

Last Thursday, Wind Creek Hospitality, which is owned by the Poarch Band of Creek Indians announced that it had entered into a definitive agreement that will see Wind Creek Hospitality acquire Pennsylvania’s Sands Bethlehem casino-resort for $1.3 billion. The deal is still yet to be closed mainly because it is subject to regulatory review as well as many other customary closing conditions.

Currently, Wind Creek Hospitality owns and operates nine gaming and entertainment facilities spread out across six different United States jurisdictions and the Caribbean three of which are leading casino resorts located in the Tribe’s Alabama reservation lands.

The Sands Bethlehem casino-resort, that is going to be integrated into Wind Creek Hospitality’s already neat and growing portfolio, is considered to be a best-in-class, Las Vegas-style resort. This is further affirmed by its location – it is based in the middle of Pennsylvania’s Lehigh Valley which is approximately 80 miles away from New York City. The casino resort’s amenities include a 282-room AAA four-diamond hotel, numerous food and beverage outlets, a multi-purpose event centre, a 150,000 square foot retail mall as well as a 183,000 square foot casino floor that features approximately 3,000 slots and electronic table games.

“Sands Bethlehem has become one of the leading regional entertainment and gaming destinations in the United States and we are extremely proud of the positive contributions the property has made for Bethlehem … and eastern Pennsylvania,” Sheldon Adelson, the billionaire mogul who leads Sands, said in a statement.

Sheldon Adelson has been opposing the legalization of online gaming and online poker. However, as it stands, online gaming is on the verge of being legalized both nationwide and in the state of Pennsylvania and this does not really favour the mogul’s business framework. The casino is among the most successful of the 12 Pennsylvanian casinos despite the fact that it is the smallest establishment in Las Vegas Sands Corp. extensive portfolio.

Customers of Sands Bethlehem casino-resort have been assured by the casino’s management that the sale will not affect the operations of the casino in any way. Players are therefore still assured of being able to enjoy their favourite casino games without any interruption.

Latest Headlines

Penn National in Advanced Talks to Acquire Barstool Sports

Over the past year or so, there have been several instances where gambling companies have joined forces with sports media companies. The goal of these partnerships has been to ensure that the stakeholders are able to grow their presence in the country’s sports betting market. These partnerships majorly foster the growth and retention of audiences […]

More Highlights of Pa.’s Gambling Industry

It has just been a little over a fortnight since the new year began and already a lot has happened in the Keystone State’s gambling industry. Needless to say, much of this was expected especially considering the meteoric growth of the sector over the past year and the big promises that gaming operators gave to […]

Evolution’s Live Games Coming to Parx Casino in Pa. and NJ

Greenwood Racing Inc.-owned Parx Casino has been very busy extending its portfolio as it kicks off the new year. Recently, it integrated exclusive gaming content from Everi. As it turns out, that was just the beginning. Last week, the gaming operator announced that it has partnered with Live Casino supplier Evolution Gaming. The two intend […]

Parx Casino Integrates Exclusive Gaming Content from Everi

Parx Online, Parx Casino’s online gambling operation has recently added five stepper titles for real money online gambling to its portfolio. The five titles which are meant to further improve the gaming operator’s standing in the Keystone State are from Everi Holdings. If you are not familiar with Everi Holdings it is one of the […]

FOX Bet Offering Free Bets for the NFL Playoffs

Sports bettors in Pennsylvania and New Jersey are in for a big treat this football season thanks to a new and exciting offering from FOX Bet. The sports betting app just recently went live in Pennsylvania and it has been live in New Jersey for a while. In the period since it launched, it has […]

Similar Stories in Gambling

Harrah’s Philadelphia Inks New Deal with the Philadelphia Eagles

As sports betting in the United States continues to expand, more sports teams continue to warm up to the activity. A number of lucrative partnerships have been inked in order to capitalize on the rapidly growing industry. Last Monday, Harrah’s Philadelphia Casino and Racetracks announced that it has entered into a partnership with the National […]

PGCB Levies $120,000 in Fines for Gambling Failures

The Pennsylvania Gaming Control Board has recently issued a whopping $120,000 in fines as part of its regulatory efforts. These fines were issued against two of the Keystone State’s licensed gambling operators who had let their guard down and allowed for some regulatory failures to occur at their facilities. Before issuing the fines, the gaming […]

Bigger Plans Unveiled as Wind Creek Bethlehem Begins Operation

Last Thursday, Wind Creek Bethlehem which was previously known as Sands Bethlehem officially begun operations. This was marked by a huge grand opening ceremony where the guests and the staff members of the property not only celebrated the launch of the new property but also its recent rebranding. The new gaming and entertainment facility is […]

SugarHouse Casino to Rebrand in the Fall

Philadelphia’s Sugar House Casino is soon set to rebrand as part of a series of upgrades that Rush Street Gaming, the property’s owner, has planned. This fall, the gaming and entertainment complex will officially change its name to Rivers Casino Philadelphia. As it turns out, these changes have been part of the company’s plans for […]