Sheldon Adelson’s Las Vegas Sands is reportedly seeking to offload its Pennsylvania casino.

Sands Sands

Bloomberg, citing people with knowledge of the situation, reported that the company is seeking as much as $1bn for the property.

However, company spokesman Ron Reese said the corporation wouldn’t respond to market speculation.

Pennsylvania has now overtaken Atlantic City in terms of gaming revenue. In 2012, the state’s casinos recorded revenue of £3.1bn.

Picture © Las Vegas Sands Corp