Sheldon Adelson | South China Morning Post
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  • Jan 30, 2015
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Sheldon Adelson

US casino operators split over internet gambling

Casino mogul Sheldon Adelson, the chief executive of Las Vegas Sands, says he is willing to spend "whatever it takes" to stop the spread of internet wagering. Photo: Bloomberg

Many experts believe online wagering is the future of gambling, but the casino industry is increasingly divided on the issue.

Wednesday, 12 February, 2014, 3:02am 1 comment

Hong Kong businessman a step closer to US$70m jury award from Sands

Hong Kong businessman Richard Suen says he helped Sands win a gambling licence in Macau. Photo: AP

A Nevada judge on Tuesday denied Las Vegas Sands’ request to throw out a jury verdict awarding former consultant Richard Suen of Hong Kong US$70 million in a breach-of-contract case.

29 Aug 2013 - 4:13am

Adelson's Las Vegas Sands asks US court to scrap US$101.6m Suen verdict

A US jury last month ordered Las Vegas Sands to pay Hong Kong businessman Richard Suen US$70 million in damages. Photo: AP

Sands, in a filing on Friday in Nevada state court in Las Vegas, argued that the jury awarded the damages for services rendered to Round Square, Richard Suen's company, rather than to Suen himself.

12 Jun 2013 - 3:56am

Richard Suen wins US$70m from Las Vegas Sands in Macau dispute

Richard Suen wins US$70m from Las Vegas Sands in Macau dispute

Hong Kong businessman Richard Suen Chi-tat has been awarded US$70 million by a jury in the United States for his help in obtaining a Macau casino licence for Las Vegas Sands more than a decade ago.

29 Aug 2013 - 4:13am

Sands denies Beijing gave help on Macau casino license application

Sheldon Adelson

A lawyer for Las Vegas Sands Corporation said the Chinese government had no part in the awarding of gaming licences in Macau for the casino operator controlled by billionaire Sheldon Adelson more than 10 years ago.

12 May 2013 - 7:55am

Mogul back on stand to fight US$328m suit

Workers clean the glass roof of a shopping mall in front of the Las Vegas Sands-owned Four Seasons Hotel Macao. Photo: Bloomberg

Las Vegas Sands chairman Sheldon Adelson returned to the witness stand, saying if he didn't defend the lawsuit brought by a Hong Kong businessman, there would be a line around the block with people suing him.

10 Apr 2013 - 3:57am

Suen 'couldn't deliver' on Macau gaming licence

Las Vegas Sands' chairman Sheldon Adelson. Photo: Reuters

Las Vegas Sands' chairman Sheldon Adelson has told a jury a Hong Kong businessman who seeks US$328 million over claims he helped the casino operator get a Macau gaming licence could not deliver what he promised.

6 Apr 2013 - 5:53am

Time to repay debt for casino licence, court told

Las Vegas Sands chairman Sheldon Adelson. Photo: AP

Las Vegas Sands owes a middleman for its gaming licence in Macau, which the casino operator's founder and chairman Sheldon Adelson called the "brass ring in the merry-go-round", according to a lawyer for Hong Kong businessman Richard Suen.

5 Apr 2013 - 5:10am

Legal fight lets light in as 'fixer' remains in shadow

Sheldon Adelson

Some of Las Vegas casino magnate Sheldon Adelson's dealings in Macau would never have seen the light of day if his relationship with Richard Suen, a Hong Kong businessman, had not gone sour.

In 2008 Suen sued Adelson in Las Vegas over a "success fee" he says he earned for setting up meetings with top officials in Beijing for the purpose of obtaining a gaming licence in Macau.

4 Apr 2013 - 3:35am

Sands' luck tested as huge suit goes before US court

Gaming brought Macau US$38 billion last year. Photo: Dickson Lee

Las Vegas Sands, the casino operator controlled by US billionaire Sheldon Adelson, faces as much as US$328 million in damage claims at a trial over who helped it win its Macau gaming licence.

4 Apr 2013 - 3:35am

Trips to Israel help Chinese understand the Holocaust

Las Vegas Sands Chairman and CEO Sheldon Adelson. Photo: AP

Almost 70 years and a continent away, the memories of the second world war and the Holocaust are few and far between in China. An initiative funded by casino magnate Sheldon Adelson is trying to change that with trips to Israel.

27 Jan 2013 - 5:00am

Who said it?

Anti-doping chief Travis Tygart

The evidence is clear he was one of the ringleaders … that pulled off this grand heist

Anti-doping chief Travis Tygart on Lance Armstrong

 

[Islamist extremists] can threaten the region. And that's where the argument for American involvement comes in

27 Jan 2013 - 1:51am

Mitt Romney's money men lick their wounds in wake of election

Casino mogul Sheldon Adelson was the top spender. Photo: Reuters

At the private air terminal at Logan Airport in Boston early on Wednesday, men in unwrinkled suits sank into plush leather chairs as they waited to board Gulfstream jets, trading consolations over Mitt Romney's loss.

10 Nov 2012 - 3:00am

Casino union, moguls wage election fight in Nevada

Casino and entertainment tycoons (from left) Sheldon Adelson, Steve Wynn and Donald Trump are behind Mitt Romney. Photos: Reuters, AP

When Karl Marx predicted class struggle between capital and labour, he probably did not envisage Cheryl Lawrence, a casino pastry chef and single mother, cruising into battle down a Las Vegas freeway reciting a quote from the Disney film Finding Nemo: "Just keep swimming, just keep swimming."

16 Oct 2012 - 4:19am

Iconic Israeli newspaper on verge of collapse

Employees of the Israeli newspaper Maariv demonstrate against their dismissals in Tel Aviv. The iconic Israeli newspaper is on the verge of collapse. Photo: EPA

Throughout much of Israel’s history, the Maariv daily was known as the “country’s paper,” the newspaper with the highest circulation and a cornerstone of Israeli media. Now it is on its last legs - the victim, some say, of a Jewish-American billionaire who is a close friend of Prime Minister Benjamin Netanyahu.

26 Sep 2012 - 1:55pm

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