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Sheldon Adelson

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  • Las Vegas Sands 3Q revenue drops, profit grows Wednesday, 15 Oct 2014 | 4:54 PM ET

    LAS VEGAS— International gambling destination Macau continued to pose a challenge for casino giant Las Vegas Sands Corp. in the third quarter. Sheldon Adelson, the company's CEO and chairman, remained bullish on Macau and expansions into other Asian gambling markets during a conference call with investors and analysts Wednesday. But the win-rate at the Las...

  • 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.

  • HONG KONG, June 4- Global investors are paring their bets on stocks geared to Macau, the world's casino capital, after a raft of regulatory curbs sparked concerns about slowing revenue growth in the next few months.

  • TOKYO/ SINGAPORE May 30- Japanese Prime Minister Shinzo Abe said casino resorts could become a pillar of his country's future economic growth as he toured Singapore's two lavish gaming venues on Friday. Abe, who until now has remained silent on the issue of casinos, gave a strong endorsement to legislation that would legalise casino gambling in Japan.

  • TOKYO/ SINGAPORE May 30- Japanese Prime Minister Shinzo Abe toured Singapore's two lavish casino resorts on Friday as his country considers allowing casino gambling to boost tourism and attract investment.

  • Japan, home to 128 million people and the world's third largest economy, is widely seen as a prize market for casino operators due to its affluent population and close proximity to wealthy Asian gamblers in the region.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • HONG KONG, May 2- Macau, the world's casino capital, raked in 31.3 billion patacas in gambling revenue in April thanks to strong spending by Chinese visitors keen to place their bets in the country's only legal casino hub.

  • 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.