The Pennsylvania Gaming Control Board approves the sale of Sands Bethlehem
© Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board (PGCB) recently approved a transaction in which the PCI Gaming Authority (WindCH Hospitality, WCH), an instrument of the Poarch Band of Creek Indians, will acquire the Sands Casino Resort in Bethlehem, Penn.
The transaction will close after approximately 14 months of regulatory review and other customary closing conditions.
“We are pleased with PGCB’s decision and expect the transaction to be completed quickly,” said Jay Dorris, President and CEO of Wind Creek. “I look forward to welcoming all of Sands Bethlehem’s employees to the Wind Creek family.”
The Sands Casino Resort Bethlehem will be integrated into the WCH portfolio as Wind Creek Bethlehem. The resort includes a 282-room AAA Four Diamond hotel, a 183,000-square-foot casino floor with 3,000 slot machines and electronic table games, 200 table games, numerous food and beverage vendors, a 150,000-square-foot mall, and a multi-purpose event center.
“We are grateful for the strong foundation that Las Vegas Sands has given us over the past decade,” said Brian Carr, President and COO of Sands. “It is exciting to have our focus now on the future as we begin renaming the property Wind Creek Bethlehem.”
WCH plans to add a 300-room hotel to the property next to the casino. WCH is also planning to renovate the existing No. 2 location of the Bethlehem Steel machine shop.
“The purchase of Sands Casino Resort Bethlehem is a valuable addition to the tribe’s existing gaming portfolio,” said Stephanie Bryan, tribal chairman and CEO of the Poarch Band of Creek Indians. “This investment will expand and complement our already extensive Wind Creek Hospitality brand and bring additional economic growth to the Lehigh Valley.”