Two Way Hard Three | Las Vegas Casino & Design Blog

December 20, 2006

Las Vegas Sands Wins Pennsylvania Project

Posted by Hunter

Las Vegas Sands, owners of the Venetian in Las Vegas, NV, have won the coveted concession in Bethlehem, PA. This was being sought by other operators, including Trump and Isle of Capri.

The project will be built on a 126-acre site - a former steel mill - near Philadelphia. It will be interesting to see what impact this and other Pennsylvania projects have on Atlantic City as Philly is a major feeder market for AC.

It doesn't seem like the Bethlehem project will have any major financial impact for LVS.

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B6579D9CC%2D8355%2D4AB2%2DB766%2DECB38490EF24%7D&source=blq%2Fyhoo&dist=yhoo&siteid=yhoo

and the LVS press release:

http://biz.yahoo.com/prnews/061220/law048.html?.v=80

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Comments

Read archived comments (1 so far)
December 24, 2006 11:48 AM Posted by detroit1051

Sheldon Adelson: Winner of the Year?

http://www.lasvegassun.com/sunbin/stories/consumer/2006/dec/24/566667107.html