Sands Casino Hotel News

News Brief: The Sands Casino Hotel will be over $200,000 in cash on its final night of business.

News Brief: 2,100 Sands employees will get their walking papers and only one week’s pay as severance when the 26-year-old Atlantic City casino hotel closes its doors in preparation for a takeover by Pinnacle Entertainment on Nov. 17.

Casino Executive Search has been retained to provide outplacement seminars to the management staff of the Sands Hotel Casino in Atlantic City.

News Brief: Four Pinnacle Entertainment staffers have been approved by the New Jersey Casino Control Commission to act as liaison with the Sands as the acquisition of the 26-year-old casino hotel moves forward.

News Brief: When the Sands Casino Hotel closes its doors for the final time, its 2,100 employees won't be the only ones who feel the pain.

News Brief: New Jersey, local and union officials have outlined their plan to aid casino workers who will be forced into unemployment when the Sands Casino Hotel shuts down this fall.

Las Vegas-based Pinnacle Entertainment found entry into the Atlantic City casino market Tuesday, agreeing to buy the aging Sands and an adjacent 7.7-acre parcel for $270 million.

News Brief: The buyer of the Sands Casino Hotel likely will tear down the existing casino to make way for a $1 billion megaresort that would take about three years to build, according to a gaming analyst.

News Brief: Billionaire investor Carl C. Icahn is negotiating to sell the Sands Casino Hotel only three months after acquiring oceanfront property to transform the city's smallest gaming hall into a major resort, according to newly released court documents.

The Brighton Steakhouse at the Sands Casino Hotel continues to receive top rankings against new competition from the prestigious Zagat Restaurant Survey.