The Las Vegas Sands Corp agreed to return $47.4 million to the U.S. Treasury to end a probe into the casino’s failure to alert authorities to suspicious deposits by a high-rolling gambler, federal officials said on Tuesday. Sands, the operator of the Venetian and Palazzo hotel complex in Las Vegas, accepted wire transfers and cashier’s…
Casino magnate Sheldon Adelson’s reference to triad organised crime gangs in testimony in a lawsuit has hit a raw nerve in Macau, the Chinese boomtown that his Las Vegas Sands Corp helped transform from a gangland haven into a $38 billion gambling capital. The lawsuit against Sands was brought by Hong Kong businessman Richard Suen,…
Las Vegas Sands Chairman and CEO Sheldon Adelson said on Thursday a Hong Kong businessman claiming in a lawsuit that he is owed $328 million didn’t help the gaming company get permission from the Macau government to operate a casino there. Richard Suen alleges the Las Vegas company stiffed him on an agreed upon “success…
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….
Sheldon Adelson sued a Wall Street Journal reporter for libel for calling him “foul-mouthed.” The lawsuit filed on Feb. 22 seeks “damages, including aggravated, exemplary and special damages,” for a December article co-written by Kate O’Keeffe. Only O’Keefe is named in the suit, The Wall Street Journal reported Monday. “We will vigorously defend Ms. O’Keeffe…
Casino mogul Sheldon Adelson and his wife Miriam made a $50 million donation to the Adelson Education Campus in Las Vegas. The donation will benefit the campus’ three Jewish day schools, serving some 600 students ages preschool to high school. The gift was announced on Feb. 8, according to the Las Vegas Sun. The Adelson…
The president of a Las Vegas union that has clashed with casino billionaire Sheldon Adelson will now lead UNITE HERE, a national hospitality workers union. Culinary Workers Union secretary-treasurer D. Taylor was elected president of UNITE HERE by the union’s governing board on November 29, the union announced. Taylor replaces John Wilhelm, a longtime labor…
In Sheldon Adelson’s hometown, Jews are angry about the presidential election. That contrasts with Jews in the swing states of Florida and Ohio, who will vote despairingly in this year’s race. In Las Vegas, they’ll storm the polls. Audiences at community-sponsored political events here boo heartily. Partisan wars split synagogue listservs. Political lawn signs disappear…
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