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Wind Creek Pays $1.3B for Bethlehem Casino
Wind Creek Hospitality (WCH), an authority of the Poarch Band of Creek Indians, has finalized the purchase of the Sands Casino Resort in Bethlehem, PA, for a total enterprise value of $1.3 billion. The property, WCH’s largest acquisition to date, will be rebranded as Wind Creek Bethlehem.
“One of the things that drew us to this property is the quality and experience of the service-minded employees,” said WCH president/CEO James Dorris. “Each of the nine executives has accepted a multi-year contract with us, and we hope that all team members want to continue their work here as part of the Wind Creek family.”
WCH intends to invest $340 million in updating and expanding the property. Plans call for a 300-room hotel adjacent to the casino; a 300,000-square-foot adventure and water park at the existing No. 2 Machine Shop Bethlehem Steel site; and a 400-to-450-room hotel adjacent to the adventure park.
For comments, questions or concerns, please contact Paul Bubny
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