NYC private investment group eyes purchase of Sands Bethlehem
The company's Chief Strategist Alex Fredericks said, "We suspect in the next 30 days we'll tender a very serious offer."
Keating & Associates is a privately-held investment and holding company, that "strives to create value by investing in hospitality, gaming and food & beverage".
Fredericks told wfmz.com that the firm was "relatively new" but he would not reveal any of the group's current holdings. However, he did say that they do not own any other casinos.
Keating & Associates previously stated it had made a USD 225M offer to buy the closed Revel casino, now rebranded as TEN.
According to the Press of Atlantic City, TEN owner Glenn Straub said several times he had received no offer from Keating & Associates.
When asked about these events, Fredericks said the group is in the process of finalizing its offer to acquire TEN.
He also said the group is trying to build its portfolio on the East Coast with expansion planned for Las Vegas, Miami and abroad. "Our goal is to create opportunity."
Downtown Las Vegas' Plaza Hotel & Casino to open high-limit gaming room
US commercial gaming revenue grows 4.6% in February, but sports betting faces challenges
Aristocrat Gaming launches MONOPOLY Big Board Bucks in North America
Pragmatic Play expands popular slot franchise with Big Bass Trophy Catch
GR8 Tech upgrades casino platform ahead of World Cup traffic surge
Rapper Tyga joins 1win's VIP network as part of expanded crypto gaming strategy
Kalshi introduces parent access portal and AI-driven selfie verification to enhance security
The AI productivity stack: Tools that are replacing entire workflows in 2026
Hub Affiliations and TAG Media launch operator partnership framework to accelerate global growth of Punters Lounge
