Home » Topics » Las Vegas Sands

U.S. firms rush special payouts to beat tax hike

US companies are rushing to make huge payouts to shareholders before year-end to beat a tax increase on dividends expected to emerge from deficit talks under way in Washington. Big-box discounter Costco became the latest firm Wednesday to set a dividend before December 31, promising a special cash payout of…

Maddow: Billionaire GOP donor Sheldon Adelson could face prosecution

In a lengthy explainer on Monday night, MSNBC host Rachel Maddow illustrated how a risky bet and some seemingly shady dealings in China helped earn casino mogul Sheldon Adelson tens of billions of dollars, and possibly even some criminal charges. Thanks to some internal documents from Adelson’s company that have…

$700,000 Adelson payment to Macau legislator could violate Foreign Corrupt Practices Act

By Matt Isaacs, Lowell Bergman and Stephen Engelberg This story was co-published with PBS’ “Frontline.” A decade ago gambling magnate and leading Republican donor Sheldon Adelson looked at a desolate spit of land in Macau and imagined a glittering strip of casinos, hotels and malls. Where competitors saw obstacles, including…