..

Sands Bethlehem May be Sold to MGM

Written by:
Guest
Published on:
Mar/03/2017

Pennsylvania’s biggest casino, Sands Bethlehem, may be sold to MGM, sources told the Morning Call late Thursday.

"We have been told today that Sands Bethlehem has a potential buyer; it is a sole buyer interested in purchasing the property," Mark Juliano, Sands Bethlehem president, said in the note. "The sale is not imminent, and there is a lot of work that still needs to be done before a sale is final."

The company is in the midst of a $90 million expansion that would add restaurants, slot machines and table games.

Parent company, Las Vegas Sands Corp, released the following statement: "Las Vegas Sands is regularly approached about potential interest in various assets. The company has no announcement to make at this time."

The casino is owned by casino billionaire and GOP mega donor Sheldon Adelson.

It is widely believed that Adelson’s disdain for unions could be the root cause for the acquisition rumors.

Just last week, 146 Sands security guards in Bethlehem made history by becoming the first in a casino empire of 50,000 workers to ratify a union contract, the Morning Call noted.

Adelson has worked hard to keep unions out of his Vegas properties, mostly by paying employees higher wages than the unionized casinos.

- Aaron Goldstein, Gambling911.com

 

Gambling News

US State Department Confirms Body of 5Dimes Owner Sean Creighton Found

Monday evening, ESPN.com sports betting reporter David Payne Purdum received official notice from the US State Department that the remains of Sean "Tony" Creighton of San Pedro, Costa Rica-based 5Dimes have been discovered.

More Than $8.5 million Wagered on Sports in Iowa First Month of Business

More Than $8.5 million Wagered on Sports in Iowa First Month of Business

More than $8.5 million was wagered at 13 participating casinos in Iowa’s first month of sports betting.

Gambling and Sports Betting News Wire - September 16, 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Monday September 16, 2019.

Is MyBookie Legal in New York State, NYC?

Is MyBookie Legal in New York State, NYC?

MyBookie is a popular online sportsbook that is accessible from New York, though the site is not licensed by the state.  MyBookie.ag also does not currently offer anonymous wagering accounts.

MyBookie.ag Sportsbook Review, Latest News

MyBookie.ag Sportsbook is one of the newest and fastest growing sites in the world of international/offshore sports betting.  The company does not currently offer anonymous sports wagering accounts (just a valid email or text needed). 

Syndicate