Officials with the Las Vegas Sands swatted down rumors that
they planned to sell their casino in Bethlehem, Pennsylvania, and added that
they want to make further investment in the property.
The company also said in a statement Friday that it planned
to appoint Mark Juliano as the new president of the casino. Juliano served as
senior vice president of the Marina Bay Sands resort in Singapore, and
officials say he has extensive East Coast ties and experience in Las Vegas and
Atlantic City casinos.
Sands officials say they are proud of the Bethlehem casino,
which is a small player compared with the company's wildly successful properties
in the Chinese gambling enclave of Macau.
First-quarter net revenues for the Bethlehem casino fell
about 5 percent year-over-year to $117 million.
Source: Newsworks
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