The Las Vegas Sands says it plans to appoint former Atlantic City casino executive Mark Juliano as the new president of its Sands Bethlehem property.

Officials with the company made the announcement while swatting down rumors that they planned to sell the Bethlehem casino. They said they want to make further investment in the property.

Juliano previously served as CEO for Trump Entertainment in Atlantic City and has been serving as senior vice president of the Marina Bay Sands resort in Singapore.

Sands officials say they are proud of the Bethlehem casino, which is a small player compared with the company's wildly successful properties in the Chinese gambling enclave of Macau.

First-quarter net revenues for the Bethlehem casino fell about 5 percent year-over-year to $117 million.