Sheldon Adelson Graft Suit To Be Heard in U.S. Court
Image by Getty Images
A lawsuit against billionaire casino magnate Sheldon Adelson, which could lead to the revocation of his gambling license, will be heard in the United States.
A Las Vegas judge on Friday ruled that the lawsuit filed by Steven Jacobs, the former CEO of Adelson’s casinos in Chinese-administered Macau, will be heard in the U.S. and not in Macau, as the company had requested.
Jacobs’ lawsuit filed in 2010 claims he was fired for attempting to cut the casinos off of activities with organized crime, and to stop paying off Chinese officials for favorable conditions.
Adelson, a major contributor to Republican candidates seen as favorable to Israel, and the owner of the Israeli newspaper Israel Hayom, is chairman and CEO of Sands China, as well as the Las Vegas Sands conglomerate. He said during his testimony in Clark County District Court that during 2009 and 2010, the years covered in the lawsuit, he did not control day-to-day operations in China since he was based in the United States. Adelson also said that Jacobs was fired for incompetence.
The judge found that Adelson made all decisions for the Sands China and, therefore, the case could remain in Nevada, according to the Associated Press.
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.
If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.
— Rachel Fishman Feddersen, Publisher and CEO
