Gambling Sheldon Adelson

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  • WASHINGTON— Marco Rubio, Jeb Bush, John Kasich and Chris Christie, the four Republican candidates in a showdown for their party's traditional supporters, closed last year with roughly as much money in the bank combined as Ted Cruz, the conservative insurgent they hope to topple. With voting beginning Monday in Iowa, and continuing next week in New Hampshire, Rubio,...

  • HONG KONG, Feb 1- Gambling revenues for the Chinese territory of Macau dropped 21.4 percent in January, ahead of a Lunar New Year week-long holiday which is expected to boost the number of visitors to the world's largest casino hub. Macau, which relies on the casinos for revenue, has been battered by a two-year-old anti-corruption campaign and slowing growth in...

  • LAS VEGAS— The Las Vegas Review-Journal has a new publisher recruited and hired by the family of billionaire casino mogul Sheldon Adelson, who secretly bought the newspaper last fall in a sale that has been heavily scrutinized over transparency concerns. The owners said Thursday in a statement that Craig A. Moon has been appointed publisher of Nevada's...

  • HONG KONG, Jan 1- Gambling revenue in the Chinese territory of Macau fell for the second year in a row in 2015 as a prolonged anti-corruption campaign and slowing economic growth battered the world's largest casino hub. Las Vegas magnates Steve Wynn and Sheldon Adelson are set to open resorts in 2016 catering to China's burgeoning middle class, with attractions...

  • MACAU, Dec 18- U.S. billionaire and major Republican Party donor Sheldon Adelson said on Friday he met presidential candidate Donald Trump earlier this week, describing the current front runner in the race for the Republican nomination as "very charming." He was very charming, "Adelson said in an interview in Macau, saying the pair had discussed Israel during their...

  • Macau, Dec 18- U.S. billionaire and major Republican Party donor Sheldon Adelson said on Friday he met Republican presidential candidate Donald Trump earlier this week, describing his fellow business tycoon as "very charming." Adelson hosted Tuesday's debate among Republican Party presidential candidates at his Venetian Hotel in Las Vegas.

  • MACAU, Dec 18- U.S. billionaire and major Republican Party donor Sheldon Adelson said on Friday he may wait until next February's primaries to decide who to back in the 2016 presidential election, describing the field of candidates as "all very good". Adelson, Chief Executive Officer of Las Vegas Sands Corp was speaking at a news conference in Macau, the world's...

  • NEW YORK, Dec 16- Putting to end a week-long guessing game that has obsessed media watchers and political pundits alike, billionaire Sheldon Adelson, the CEO of Las Vegas Sands Corp., was unmasked Wednesday as the new owner of the Las Vegas Review-Journal newspaper, according to Fortune magazine, which cited "multiple sources familiar with the situation."

  • The missing debate candidate (Hint: Not Biden) Wednesday, 14 Oct 2015 | 10:55 AM ET
    Democratic presidential candidate Lawrence Lessig.

    One democratic candidate has an important message and deserved to be on the podium, but he couldn't get a spot, says Kabir Sehgal.

  • 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...

  • 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.