On June 8th, 2009, Las Vegas Sands Corporation is seeking permission to add the games of blackjack and craps at their brand new casino facility in Bethlehem, Pennsylvania, according to Chairman Sheldon Adelson.
The company plans to spend $750 million on gaming expansion, Adelson stated that Sands plans to spend at least $750 million for the gaming expansion. He added that offering casino table games would make the project easier to finance. Adelson shelved the planned construction of a hotel, conference facility and mall in November to speed to the construction of the casino and produce cash.
Sands President Mike Leven said that construction on the projects will resume once the financial climate improves. Las Vegas Sands fell twenty-three cents to $9.73 at 1:34 p.m. in NYSE composite dealing. The shares improved sixty-eight percent this year before today as economic conditions in Las Vegas, affected by the worse gaming slump in history, showed some signs that conditions are improving.
Gaming Control Board Chairman Gregory Fajt said that talks on adding casino table games are currently being discuss in the Pennsylvania state Legislature. Fajt said that he expects a development before the Legislature breaks in summer.
Pennsylvania Governor Ed Rendell More than 60,000 players visited the Bethlehem casino in its first 3 days after opening. The casino's soft opening was on May 22nd, 2009.
Monday, June 29 , 2009
Thomas Johnson