Sheldon Adelson’s Las Vegas Sands Corp Under Investigation for Corruption

Las Vegas Sands Corp said it “likely” violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
The filing marks the first disclosure by the casino operator, controlled by founder and billionaire Republican donor Sheldon Adelson, that it was under investigation.
The SEC subpoenaed company documents in February 2011 relating to its compliance with the antibribery act while the U.S. Department of Justice also advised Sands it was conducting an investigation, the company said in its annual report filing.
“There were likely violations of the books and records and internal controls provisions of the FCPA,” the company said.
Sands spokesman Ron Reese said on Saturday he had no additional comment beyond the SEC filing.
Reuters reported exclusively in August that Sands allowed a man identified by the U.S. Senate as an organized crime figure to move a $100,000 gambling credit from a Las Vegas casino to one of its Macau casinos.
The company’s findings are related to deals in mainland China led by executives no longer employed at Sands, the Wall Street Journal reported, sourcing a person familiar with the matter.
Sands, in the filing, said the issue would have no material impact on the company’s financial records and that it would not need to restate any past financial statements.
The Forward is free to read, but it isn’t free to produce

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Most Popular
- 1
Fast Forward Why the Antisemitism Awareness Act now has a religious liberty clause to protect ‘Jews killed Jesus’ statements
- 2
News School Israel trip turns ‘terrifying’ for LA students attacked by Israeli teens
- 3
Culture Cardinals are Catholic, not Jewish — so why do they all wear yarmulkes?
- 4
Music After decades of waiting, we’re finally getting a Bob Dylan-Barbra Streisand duet
In Case You Missed It
-
Opinion 80 years after Germany surrendered, we’re still learning the real lessons of World War II
-
News How a Holocaust denier turned antisemitism into a cryptocoin
-
Fast Forward Dozens of arrests reported as NYPD removes pro-Palestinian protesters who occupied Columbia library
-
Fast Forward Temple suspends second student involved in ‘F— the Jews’ sign
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.