Wynn Resorts executives knew about and tried to hide allegations of sexual misconduct against Steve Wynn, the company’s founder, New York Daily News reported. The Massachusetts Gaming Commission released on Tuesday its investigation into whether the company was concealing information about Wynn when it applied for a license in 2014. Wynn, who is Jewish, resigned…
Steve Wynn, the billionaire casino magnate, resigned from his post as CEO of Wynn Resorts on Tuesday amid reports in multiple newspapers that he coerced women into sex and created a sexually abusive workplace culture for women. The move left his company in turmoil, with multiple pending lawsuits against the company and a half-finished, $2.4…
There are some things only billionaires can do. Like losing nearly $3 billion in one day. That’s exactly what happened to Jewish casino mogul Sheldon Adelson, who woke up Thursday morning to find that his net worth, initially estimated at $28.6 billion, had just dropped by 12.8%. Wait … What? The answer, surprisingly, has to…
Sheldon Adelson, the Republican super-donor and casino billionaire, hasn’t been as generous with Donald Trump as he once promised to be, giving the party standard-bearer a mere $5 million. But new campaign finance disclosures from Nevada show that he hasn’t pulled back in one area — trying to stop recreational pot from becoming legal in…
A billionaire Macau developer arrested for lying to U.S. customs officials about why he brought $4.5 million in cash into the United States was subpoenaed in 2014 as part of a separate foreign bribery investigation, a source familiar with the matter said on Friday. Ng Lap Seng, who was previously tied to a Clinton-era campaign…
(JTA) — At a recent event to launch a pro-Israel mentoring program at UCLA, the speaker introducing Michael Leven gushed, “He was willing to take his own plane and come here to speak to us.” When it was Leven’s turn to speak, he started with a clarification: “I didn’t take my plane, I took Sheldon Adelson’s….
Casino mogul Sheldon Adelson became a major player in Republican politics in the 2012 elections, when he spent more than $90 million in an unsuccessful effort to oust Democratic President Barack Obama. Now the 80-year-old billionaire wants something from Washington: a ban on internet gambling, a growing industry that Adelson says could hurt the casino…
Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can’t match. What remains to be seen is whether one of the world’s last great untapped gaming markets is willing to bet on him. For months,…
100% of profits support our journalism
