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Company also says work likely to restart soon on site’s hotel
Las Vegas Sands Corp. has issued a statement denying recent published reports saying it is either seeking to sell its Sands Casino Resort Bethlehem complex in eastern Pennsylvania and/or is indefinitely delaying the completion of the hotel and other components of the development. Contrary to that, Sands says it has already mobilized its development team in the region and could restart construction on the 300-room hotel tower within the next several weeks, or as soon as subcontractors are lined up and activated.
"We are looking forward to reviewing our table games application with the Gaming Control Board, and at the same time we have undertaken efforts which will result in construction resuming on the hotel portion of the development in the very near future," said Sands chairman and ceo Sheldon Adelson. “With the addition of table games, Sands Bethlehem will become the most complete and convenient gaming destination for millions of New York City and northern New Jersey residents and, at the same time, enhance the profitability of the property starting in the foreseeable future."
Adelson also said the company would assess restarting construction on the remaining aspects of the development, including its retail space and multipurpose facilities, while it prepares for table games and the resumption of construction on the hotel tower.