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Poarch Creek Tribe Pays Sands $1.3B For Pa. Casino

Law360 (March 8, 2018, 1:30 PM EST) -- Las Vegas Sands has agreed to sell its Pennsylvania casino, Sands Bethlehem, to an affiliate of Poarch Band of Creek Indians of Alabama for $1.3 billion, the company said Thursday.

Las Vegas Sands Corp. will sell Sands Bethlehem to Poarch Creek’s hospitality and gaming entity, Wind Creek Hospitality. The acquisition will add to Wind Creek’s portfolio of six properties in Alabama and the Florida panhandle. The deal is subject to regulatory review and other customary closing conditions.

"Sands Bethlehem has become one of the leading regional...
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