40 years ago today, The Sands opened in Atlantic City
Friday 14 de August 2020 / 08:14
2 minutos de lectura
(Atlantic City).- 40 years ago today — August 13, 1980 — the Sands Hotel and Casino opened its doors in Atlantic City. The actual “Sands” name didn’t grace the skyline of Atlantic City until 1981, but we’re using that name since that is what most people know that property as.
Anyway, The Brighton Hotel & Casino opened on August 3rd, 1980, as the first brand new building that was built as a casino in Atlantic City. Up until that point, other casinos in town were hotels that were transformed into casinos.
Within months of their doors opening, The Brighton faced some big financial problems.
In early 1981, Inns of the Americas gave The Brighton's owners $10 million in financing. Shortly thereafter, that group bought a 60 percent interest in The Brighton. Since Inns of the Americas had just purchased the Sands in Las Vegas, they decided to change the name of The Brighton to Sands Hotel and Casino.
The Sands, as one of the smaller casinos in town, was able to hold its own for a number of years, but as many people will tell you, it takes a lot of money to stay neck-and-neck with other (bigger) casinos in Atlantic City.
In 1998, the Sands filed for bankruptcy protection. In 2000, in an attempt to compete, the Sands took over the Madison Hotel under a lease agreement which allowed it to make its gaming floor bigger.
Fast forward to the end of the summer of 2006 when Pinnacle Entertainment agreed to buy the Sands and an adjacent property for $250 million. Their plans were to demolish the Sands so a new, larger casino could be built.
The Sands closed for good on November 11, 2006.
Categoría:Casino
Tags: Sin tags
País: United States
Event
Peru Gaming Show 2025
18 de June 2025
Strong return for Amatic Industries at Peru Gaming Show 2025
(Austria).-Amatic Industries has made a remarkable comeback at this year’s Peru Gaming show, which took place from 18 – 19 June. The company’s return to PGS was met with strong interest, positive feedback and promising new business opportunities.
Thursday 26 Jun 2025 / 12:00
Innovation, networking and opportunities: Belatra Games reviews its successful participation at Peru Gaming Show 2025
(Cyprus).- Belatra Games is satisfied with its participation PGS 2025. They achieved new connections, upgraded ideas, and left the show with even stronger intentions to provide quality entertainment on the highest level.
Monday 23 Jun 2025 / 12:00
Successful closing of Peru Gaming Show 2025
(Lima, SoloAzar Exclusive).- With a great attendance and an agenda full of innovation, the 2025 edition of Peru Gaming Show (PGS), one of the most relevant events of the gaming industry in Latin America, came to a successful conclusion.
Friday 20 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.