Taxes were assessed on the value of the land under Sands Bethlehem, now the Wind Creek Bethlehem, and not on the physical structures.
Wind Creek Hospitality has been green-lighted to take over Sands Bethlehem after the Pennsylvania Gaming Control Board signed off on the deal this week.
The Pennsylvania Gaming Control Board (PGCB) have planned discussion on potential acquisition of Sands Bethlehem casino on May 15 in Harrisburg.
Pennsylvania casinos generate gaming revenue of $3.248b in 2018, a mere 0.007% improvement over 2017, extends annual growth streak to four years.
Las Vegas Sands sells Sands Bethlehem casino for $1.3b to Wind Creek Hospitality, an affiliate of Poarch Band of Creek Indians of Alabama.
Las Vegas Sands wins Pennsylvania's fourth auction for the new Category 4 satellite casino licenses, despite paying only $9.9m.
Las Vegas Sands' Pennsylvania casino Sands Bethlehem sets a new table games revenue record just as New York private equity firm mulls purchase offer.
Pennsylvania state troopers arrest a Chinese gambler for snorting cocaine at a Sands Bethlehem casino baccarat table, holding 74g of product.
Pennsylvania casinos report table game gains in fiscal 2016-17 but overall figure slips 1% from last year; iGaming legalization still a possibility.
Pennsylvania regulators fined Las Vegas Sands' Sands Bethlehem casino $150k for 10 incidents of underage patrons gambling and drinking.