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Romney-backer and casino boss Sheldon Adelson unveils plans for new resort in China’s Macau
Las Vegas casino boss Sheldon Adelson on Thursday unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new $3 billion gambling resort in Macau. The Las Vegas Sands Corp. chief spoke publicly for the first time about the new development as he opened…
Justice Dept. probes Sheldon Adelson’s Las Vegas Sands Corp. on money laundering
The Justice Department has launched an investigation into whether Las Vegas Sands Corporation and several of its executives violated money-laundering laws, The Wall Street Journal reported. Citing unnamed lawyers and other people involved in the matter, the newspaper said the probe was being conducted by the US attorney’s office in…
Republican mega-donor’s firm accused of ‘directing’ prostitution at its casinos
A former executive at the Las Vegas Sands Corp. Steve Jacobs, has filed a wrongful termination suit in which he accuse the company of “controlling and directing” prostitution at its Macau casinos. The charges are politically significant because the company’s chairman, billionaire Sheldon Adelson, has been perhaps the most generous…
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