Casino stocks are surging, but should investors look elsewhere if they want to hit the jackpot? » Read More
*Macau unit says parent reached confidential settlement. HONG KONG, June 1- Sands China Ltd, the Macau casino company controlled by U.S. billionaire and prominent Republican donor Sheldon Adelson, said its parent Las Vegas Sands Corp has settled with a former chief executive, bringing an end to a near six-year legal battle. Steve Jacobs, who led Sands' Macau...
HONG KONG, June 1- Sands China Ltd, the Macau casino company controlled by U.S. billionaire and prominent Republican donor Sheldon Adelson, said it has settled with a former chief executive, bringing an end to a near six-year legal battle. Steve Jacobs, who led Sands' Macau operations from 2009 to 2010, sued Sands' parent Las Vegas Sands Corp in 2010 for breach of...
Many Israelis view the U.S. presidential contest as a choice between a predictable option in Clinton and a volatile one in Trump.
The casino mogul is contemplating a $100 million contribution to Donald Trump's campaign.
Paul Ryan was convincing when he said he wouldn't accept the GOP nomination for president. But if you were listening, he hinted at what might be next.
The GOP convention may be a complete disaster but that's not a bad thing. Here's why, says Jake Novak.
The SEC said the consultant served as a middleman to conceal Las Vegas Sands' effort to buy a team in the Chinese Basketball Association, which forbade gaming companies from ownership, and part of a Beijing building despite China's casino gambling ban. Las Vegas Sands also failed to properly document some transactions involving its Macau operations, the SEC...
HONG KONG, April 3- A Macau court has ruled that a former business partner of Las Vegas Sands Corp, the world's biggest casino company, can proceed with a lawsuit seeking billions in damages for breaking the terms of their former partnership agreement. In a filing made on March 16, a court in the Chinese southern territory denied Las Vegas Sands a motion to dismiss...
March 14- Las Vegas Sands Corp persuaded Nevada's highest court to throw out a more than $100 million verdict in favor of a Hong Kong businessman for helping Sheldon Adelson's gaming company enter the fledgling Macau casino market more than a decade ago. In a decision on Friday, the Nevada Supreme Court found "insufficient evidence" to support a May 2013 jury...
CAPE CANAVERAL, Fla., Feb 24- Venture capital groups invested $1.8 billion in commercial space startups in 2015, more than in the last 15 years combined, a report by aerospace consultants the Tauri Group shows. The investors include Microsoft Corp's Bill Gates, Amazon.com Inc's Jeff Bezos, Alphabet Inc's Larry Page, Dish Network Corp's Charles Ergen, Microsoft...
Marco Rubio's biggest challenge in this presidential race may be to avoid biting the hands that feed him.
New York Attorney General Eric Schneiderman is taking your fantasy football away, and creating a winning election issue for the GOP.
One democratic candidate has an important message and deserved to be on the podium, but he couldn't get a spot, says Kabir Sehgal.
CNBC's Robert Frank reports on what three things that billionaires have in common.
Billionaire Sheldon Adelson has been called many things, but there is one label that he has decided to fight in court: “foul-mouthed.”
The casino empire's executives assured analysts Wednesday that tales of Macau's demise are unfounded.
Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.
South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.
A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.
Despite congressional testimony in favor of online gambling, the group representing U.S. casinos has withdrawn its support for the practice.