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Sheldon Adelson

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  • HONG KONG, Dec 18- As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world's biggest gambling centre cannot remain a one-industry town. China extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes Investigation Bureau access to...

  • Xi's visit to Macau deals cold deck to VIP gamblers Wednesday, 17 Dec 2014 | 4:00 PM ET

    HONG KONG, Dec 18- As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world's biggest gambling centre cannot remain a one-industry town. China extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes Investigation Bureau access to...

  • TOKYO/ SEOUL, Nov 24- South Korea looks like the consolation prize as Japan's $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp that envisioned a new gaming hub rivalling Las Vegas in 2020.. Japan is seen as the biggest unclaimed prize, a market that research firm Union Gaming estimated would generate $15 billion in annual...

  • HONG KONG, Nov 4- October was the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October was also the fifth consecutive month of declines after two years of rapid growth which saw Macau surpass Las...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • HONG KONG, July 11- A former Macau business partner of Las Vegas Sands Corp accused the casino operator of misappropriating trade secrets and is suing Sands for at least $5 billion in profits that it says are owed via their joint ownership of copyright related to a casino license bid.

  • Former Macau partner sues Las Vegas Sands for $5 bln Friday, 11 Jul 2014 | 4:17 PM ET

    HONG KONG, July 11- A former Macau business partner of Las Vegas Sands Corp accused the casino operator of misappropriating trade secrets and is suing Sands for at least $5 billion in profits that it says are owed via their joint ownership of copyright related to a casino license bid.

  • Casino group pulls support for online gambling Wednesday, 21 May 2014 | 11:21 AM ET

    Despite congressional testimony in favor of online gambling, the group representing U.S. casinos has withdrawn its support for the practice.

  • $,$$$,$$$,$$$: Billion-dollar political donor coming Friday, 16 May 2014 | 9:19 AM ET
    David and Charles Koch

    With nine digit political donations becoming more common, the $1 billion political donation, yes, $1 billion, is in the offing, say experts.

  • No bull, billionaires capture 7% of market's gains Friday, 7 Mar 2014 | 2:51 PM ET
    Ray Dalio speaks with CNBC at the 2014 WEF in Davos, Switzerland.

    Since the market bottom in 2009, America's billionaires have seen their fortunes and numbers soar to new records.

  • Online gambling fuels terrorism networks: Pataki Wednesday, 12 Feb 2014 | 1:10 PM ET

    George Pataki, the former governor of New York, has joined the fight against online gambling, claiming it could be used for money laundering.

  • Risky business: Caesars bets on online gaming Thursday, 21 Nov 2013 | 1:02 PM ET

    Mitch Garber wants investors to put their money on Web gambling.

  • Batista vies for biggest loser as $34 billion vanishes Monday, 28 Oct 2013 | 12:41 PM ET
    Eike Batista

    Eike Batista declared in 2011 that he would soon become the richest man in the world. Instead, he may become known for the largest personal-wealth loss.

  • The Sands Corp. sign in Las Vegas, Nevada.

    Las Vegas Sands 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.

  • *Some big-name Romney backers will be watching from Boston. Now, some heavyweights of the $2 trillion industry plan to break out the champagne and party in style Tuesday night as they cheer on their man at events in Boston, New York and even Las Vegas, according to people familiar with the Romney campaign and some of the big contributors.

  • FACTBOX-The wealthy behind U.S. presidential race Friday, 26 Oct 2012 | 9:48 PM ET

    Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.

  • WHY IT MATTERS: Campaign finance Tuesday, 23 Oct 2012 | 1:46 PM ET

    Both President Barack Obama and Republican Mitt Romney benefit from current campaign finance rules. Those groups can raise unlimited cash to help them win the White House this November.

  • TEL AVIV, Oct 4- Workers at Haaretz, a leading liberal Israeli newspaper, held a one-day strike to protest plans for layoffs and for the first time in nearly 30 years the daily was not distributed on Thursday.

  • HONG KONG, Oct 4- Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.