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MGM Says "No Deal" on Sands Bethlehem • This Week in Gambling
The $1.3 billion deal to sell Sands Casino Resort Bethlehem to MGM Resorts International has collapsed, according to multiple sources. What would have been one of the largest property sales in the history of the Lehigh Valley faltered late last week and MGM ended its pursuit of the Bethlehem casino complex, sources with knowledge of the deal told The Morning Call. While city officials have called Sands a good corporate neighbor that has built arguably the most successful casino in Pennsylvania, some were quietly rooting for MGM to take over in the hopes that it would move more quickly to...
This Week in Gambling