"Sands Bethlehem has become one of the leading regional entertainment and gaming destinations in the U.S., and we are extremely proud of the positive contributions the property has made for Bethlehem, the Lehigh Valley and Eastern Pennsylvania," said Sheldon G. Adelson, the company's chairman and chief executive officer.
"We are pleased to have built a strong foundation that can be the basis for the property's future success, and more importantly, we are proud to have delivered on our promise of bringing thousands of good-paying jobs, generating significant economic impact and revitalizing a site of sentimental and historical importance,” Adelson added.
"The quality of the property and dedication of the team members to genuinely engage with customers was evident from the first time we visited the property," said Stephanie Bryan, Tribal Chair and CEO of the Poarch Band of Creek Indians.
Las Vegas Sands Executive Vice President and Chief Financial Officer, Patrick Dumont, said that while many options exist for the use of the sale proceeds, the most likely use would be consistent with the company's long-held strategic direction when it comes to deploying capital.
Source: GMB
