BETHLEHEM, Pa., Nov. 14, 2016 — Sands Bethlehem, a leading regional casino and entertainment destination located in Bethlehem, PA, and owned and operated by global integrated operator Las Vegas Sands Corp. (NYSE: LVS), today announced plans for a $90 million casino expansion.
With construction expected to begin in the first quarter of 2017, the expansion is estimated to add a new gaming floor and more than 1,000 new gaming seats, along with additional restaurant space, public restrooms and additional back of house facilities. The footprint expansion is approximately 59,200 square feet and a total gross floor area expansion of almost 100,000 square feet.
"We are proud to continue with our commitment towards reinvestment in the property by making this significant addition," said Mark Juliano, president of Sands Bethlehem. "With our outstanding gaming, entertainment and dining options Sands Bethlehem will continue to be one of the Northeast's premiere gaming and entertainment destinations."
Sands Bethlehem has had several major changes in 2016; Buddy V's Ristorante and Emeril's Fish House opened in the spring, Infusion lounge was removed to make way for the nation's largest stadium-style electronic table games, and the hotel underwent an all-room renovation, including the addition of the Chairman's Lounge & Suites located on the 15th floor.
The casino expansion is proposed within the existing parking lot located to the north of the casino. The existing parking lot will be reduced in size, however parking will be provided within the casino property as well as the recently constructed parking lot near the Hoover Mason Trestle.
The expansion plan is subject to approval from the Pennsylvania Gaming Control Board.
For more information, visit www.PaSands.com.
Statements in this press release, which are not historical facts, are "forward-looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Las Vegas Sands Corp. assumes no obligation to update such information.
