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Sheldon Adelson

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  • Las Vegas Sands 2Q profit rises 27 percent Wednesday, 16 Jul 2014 | 5:49 PM ET

    LAS VEGAS— Casino giant Las Vegas Sands Corp. said its second-quarter profit rose 27 percent due to continued growth in Macau, but earnings missed analysts' expectations and suffered in June as bettors focused more on their World Cup wagers than on the casino tables.

  • 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.

  • HONG KONG, April 1- Macau, the world's casino capital, raked in $4.4 billion in gambling revenues in March, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub. Growth in Macau, a special administrative region like neighbouring Hong Kong, was up 13 percent in March, at the top end of analyst estimates of 10-13 percent.

  • On Wednesday, some of Adelson's allies in Congress, including South Carolina Senator Lindsey Graham, plan to propose legislation that would do just that.

  • SEOUL, March 18- South Korea on Tuesday granted a preliminary casino licence to a Lippo Ltd and Caesars Entertainment Corp venture to build a resort on Yeongjong island, as the government tries to court wealthy Chinese punters with an array of gambling options.

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.

  • TOKYO, Feb 24- Las Vegas Sands Corp Chief Executive Sheldon Adelson said on Monday his company was willing to spend "whatever it takes" to set up a casino project in Japan, one of the largest untapped gaming markets in the world.

  • Feb 17- Las Vegas Sands Corp. brought its worldwide websites back online on Monday after a hacking attack forced the company to shut its home pages and other online operations last week, a spokesman said.

  • Stanley Ho's SJM makes fresh start with new Macau casino Thursday, 13 Feb 2014 | 11:25 PM ET

    MACAU, Feb 14- Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark- a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.

  • Feb 13- The websites of Las Vegas Sands' casinos around the world on Thursday remained down for a third straight day, as the company and U.S. federal investigators race to unravel a hacking attack that defaced home pages and also exposed sensitive employee information.