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Gambling Sheldon Adelson


  • Online gambling revenue is increasing in at least two of the three states that currently offer it— New Jersey and Delaware. The third, Nevada, doesn't report Internet revenue separately. "Internet gambling revenue in Delaware, Nevada and New Jersey badly missed initial forecasts, which themselves were overly aggressive," said Chris Krafcik, research director...

  • NEW YORK, Oct 6- U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, a former U.N. ambassador from Antigua and Barbuda who was general assembly president from 2013 to 2014, was accused in a complaint...

  • NEW YORK, Sept 29- A U.S. judge revoked bail on Tuesday for the aide to a billionaire real estate developer, after both men were arrested for lying about why they brought $4.5 million in cash into the United States while traveling from China. Jeff Yin, an assistant to Ng Lap Seng, had been set to be released on a $1 million bond and be placed under home confinement.

  • NEW YORK, Sept 29- A U.S. judge revoked bail on Tuesday for the aide to a billionaire Macau real estate developer who together are charged with lying about why they brought $4.5 million in cash into the United States over the last two years. Jeff Yin, an assistant to Ng Lap Seng, had been set to be released on a $1 million bond and be placed under home confinement at his...

  • NEW YORK, Sept 28- U.S. prosecutors will go to court on Tuesday to argue that a billionaire Macau developer's aide presents too much of a flight risk to be released on bail after he was arrested on charges of lying about why he and his boss brought $4.5 million into the United States. Jeff Yin, assistant to real estate developer Ng Lap Seng, was arrested with his boss on...

  • NEW YORK, Sept 25- A billionaire Macau developer arrested for lying to U.S. customs officials about why he brought $4.5 million in cash into the United States was subpoenaed in 2014 as part of a separate foreign bribery investigation, a source familiar with the matter said on Friday. But Ng's name has repeatedly surfaced in a private lawsuit against billionaire...

  • NEW YORK, June 1- Florida Senator Marco Rubio has one; Texas Senator Ted Cruz has one; even former Pennsylvania Senator Rick Santorum, considered a longshot for the Republican presidential nomination in 2016, has a billionaire in his corner. Wisconsin Governor Scott Walker has two. Some voters in Philadelphia, for example, were turned off by the billionaires...

  • Most billionaires share these three traits... Tuesday, 26 May 2015 | 1:44 PM ET
    Most billionaires share these 3 traits...

    CNBC's Robert Frank reports on what three things that billionaires have in common.

  • Sheldon Adelson fights 'foul-mouthed' label Thursday, 12 Feb 2015 | 10:20 AM ET
    Sheldon Adelson

    Billionaire Sheldon Adelson has been called many things, but there is one label that he has decided to fight in court: “foul-mouthed.”

  • Las Vegas Sands beats, still keen on Macau Thursday, 29 Jan 2015 | 10:47 AM ET
    Las Vegas Sands Corp, The Venetian.

    The casino empire's executives assured analysts Wednesday that tales of Macau's demise are unfounded.

  • 2014 was a boom for some execs, bust for others Friday, 2 Jan 2015 | 5:55 PM ET
    Stock market data

    Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.

  • Korea holds winning hand as Japan gambling bill dies Sunday, 23 Nov 2014 | 6:14 PM ET
    Hanging above the "Center Bar," a Pepsi-branded LED display with 2.1 million pixels.

    South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.

  • Ex-Macau partner suing Las Vegas Sands for $5B Friday, 11 Jul 2014 | 5:37 PM ET
    Las Vegas Sands casino sits behind the Fishermans Wharf in Macau, in this Feb. 7, 2006 file photo.

    A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.

  • 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.