Showing posts with label sands casino. Show all posts
Showing posts with label sands casino. Show all posts

Friday, January 18, 2013

Business News in the Lehigh Valley, 1/18/13

T.G.I.F., Lehigh Valley! We hope everyone has a great Friday.

Lehigh Valley home sales in 2012 were up 13.1% from 2011 figures. A total of 5,674 homes were sold last year, the highest number of sales seen in the past three years.First-time buyers were motivated by lower interest rates and prices as well as job market stability. The Lehigh Valley Association of Realtors has called 2012 a 'year of recovery,' implying the beginning of a housing market recovery.

Sources have alleged that the Sands Casino Resort Bethlehem could be for sale, as Las Vegas Sands Corp. is reportedly asking for up to $1 billion for the property. Sands is the second largest casino in the state in terms of gambling revenue.

Lehigh Valley Economic Development Corporation (LVEDC) will operate differently moving forward, said CEO Don Cunningham. Many of the organizational decisions were previously made by their executive committee during closed-door meetings, but now those decisions will be made by the full LVEDC board. Cunningham said the goal is to make board membership more appealing and to entice more local business leaders to join.

Join us for the Lehigh Valley Easy Pages Annual Distribution Party and Chamber Signature Networking Event on Thursday, January 24 from 5 - 8 p.m. This event is free and open to the public and will be held at Miller Symphony Hall. Enjoy "Business After Five" as you network with fellow Chamber members, enjoy complimentary hors d'oeuvres, and even get a chance to win gift certificate giveaways.



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Thursday, December 13, 2012

Today's Business News in the Lehigh Valley, 12/13/12

Good morning and happy Thursday, Lehigh Valley. There are 18 days left to finish up your 2012 resolutions!

Small businesses have found a new way to prosper during the holiday season, not by stiff competition but rather by a method of community cooperation. Business owners in Lehigh Valley have been able to boost their sales through special promotions and events, including Christmas City Village in Bethlehem, Men's Shopping Night in Easton, and other promotions throughout the region.

Easton City Council has approved their 2013 budget, wherein the property taxes will remain the same and drivers will see an increase on the city's parking meters, from 50 cents/hour to $1/hour, which is still relatively low compared to most cities. They will supplement their revenue through other means as well, including the increasing income from their cut of the table games in neighboring Sands Casino Resort Bethlehem.

Nationally, there has been little to no progress regarding the impending fiscal cliff. Vast differences still exist in the way the White House and the Republicans would like to handle the tax increases and budget cuts that once implemented could send the country back into a recession. "If a deal is not reached, taxes will go up for almost all working Americans at the start of the New Year and steep government spending cuts will kick in."

For users who bought the iPhone 5 and miss having the functionality of Google Maps, then worry no more. Google Maps has made its way back into the App Store, this time offering turn-by-turn navigation that was not available on iOS before now.

Have a great, productive Thursday!
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