Keating and Associates is ready to make an offer to acquire the Sands Bethlehem casino in the US state of Pennsylvania in the next month.

The company’s chief strategist, Alex Fredericks, said: “We suspect in the next 30 days we'll tender a very serious offer.” Keating and Associates is a privately-held investment and holding company, that “strives to create value by investing in hospitality, gaming and food and 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.