SOURCE: Las Vegas Sands

Las Vegas Sands

February 19, 2010 09:05 ET

Sands Bethlehem Looks to Add Table Games as Early as This Summer; Submits Application to Gaming Control Board

BETHLEHEM, PA--(Marketwire - February 19, 2010) - Sands Casino Resort Bethlehem, a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS), submitted an application today to the Pennsylvania Gaming Control Board which, if approved, would allow the property to add approximately 80 table games to its existing casino floor.

"We look forward to working with the Pennsylvania Gaming Control Board on the approval of our application and being able to offer the excitement of table games to our guests as early as this summer," said Robert DeSalvio, president of Sands Bethlehem.

"When the first card is dealt, Sands Bethlehem instantly becomes the most convenient gaming location for millions of New York City and northern New Jersey residents," said Mr. DeSalvio. "The excitement of table games and slot machines, combined with great live entertainment and a wide range of dining options, including two Emeril Lagasse restaurants, will further Sands Bethlehem's reputation as one of the region's premier entertainment destinations."

Las Vegas Sands President Michael Leven said that along with new marketing initiatives currently being implemented, the addition of table games will enable the property to serve a broader customer set, enhance other revenues, such as food and beverage, and contribute to greater profitability at the property overall.

"The pending addition of table games has given us a chance to review our overall strategy as it relates to the Sands, and we are optimistic this opportunity will be a positive catalyst for both the balance sheet and the future development of the property," said Mr. Leven.

In its application, Sands Bethlehem said it plans to offer a variety of table games, including popular ones such as blackjack, craps, roulette, poker, and baccarat.

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.


Las Vegas Sands Corp. (NYSE: LVS) is the leading global developer of integrated resorts -- destination properties which feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.

The Venetian and The Palazzo, both Five-Star luxury resorts on the Las Vegas Strip, are among the company's properties in the United States. Marina Bay Sands, the company's iconic project currently under development in Singapore, will open in the second quarter of 2010.

Through its majority-owned subsidiary Sands China Ltd, the company also owns a portfolio of properties in Macau, including The Venetian Macao, Four Seasons Hotel Macao and the Four Seasons-branded serviced-apartments on the Cotai Strip™, as well as the Sands Macao Hotel on the Macau peninsula.

The Cotai Strip is a master-planned development of destination resort properties where the company is currently constructing a 6,400-room complex which will feature the Shangri-La, Traders, Sheraton, and St. Regis hotel brands and is scheduled to open in 2011.

For more information, please visit

Contact Information

  • Contacts:

    Investment Community:
    Daniel Briggs
    (702) 414-1221

    Ron Reese
    (702) 414-3607