Las Vegas Sands Corp. is selling its Bethlehem casino to an American Indian tribe from Alabama.
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians, will acquire the Sands Bethlehem property for $1.3 billion under a deal announced last week, according to wfmz.com.
The Poarch Creek Indians are descendants of a segment of the original Creek Nation, which once covered almost all of Alabama and Georgia. Unlike many eastern Indian tribes, the Poarch Creeks were not removed from their tribal lands and have lived together for almost 200 years in and around the reservation in Poarch, Alabama. The reservation is located eight miles northwest of Atmore, Alabama in rural Escambia County, and 57 miles east of Mobile.
The Poarch Band of Creek Indians is the only federally recognized Indian Tribe in the state of Alabama, operating as a sovereign nation with its own system of government and bylaws.
The Bethlehem casino opened in 2009 on the site of Bethlehem Steel’s former headquarters plant, the wfmz.com story continues.
Sands spent more than $800 million on the casino as well as a shopping mall, performing arts venue and 300-room hotel. The casino giant is led by mogul Sheldon Adelson.
Sands Bethlehem President Brian Carr says the pending sale will not impact the work of its team members.
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