Sheldon Adelson

Billionaire entrepreneur Mark Cuban earlier this week offloaded his majority stake in the Dallas Mavericks to families associated with the late Las Vegas casino mogul Sheldon Adelson. What Happened: Cuban’s lack of knowledge in real estate prompted the sale...

NBA team owner and entrepreneur Mark Cuban surprised many people when it was announced in November that he would be selling majority control of the Dallas Mavericks. The NBA has approved the sale. Here's what things look like moving forward. What Happened: Cuban, who has owned the Mavericks since...

As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding. Twitter confirmed Monday it has agreed to be taken private by Musk for $54.20 per share, or $44 billion in...

Deviate To Win is an interview series featuring executives and investors who have won in business by taking chances and doing things a little bit differently. The podcast is hosted by Jason Ader, founder and CEO of SpringOwl Asset Management, and is produced by Benzinga.  On the latest...

The largest casino company in the United States is the only major U.S.-based player to not have a developed sports betting plan, but that could soon be changing. What Happened: Under new leadership, Las Vegas Sands Corp (NYSE: LVS) has held discussions with potential partners for a sports betting...

Sheldon Adelson died at his Las Vegas home Monday night at the age of 87. Best known for serving as CEO and chairman of the casino empire Las Vegas Sands Corp. (NYSE: LVS), Adelson was also known for his philanthropy, support of Israel and major contributions to Republican politicians.  The...

Further sports betting legalization and launches in additional states represents a major catalyst for a sector that has posted solid returns in 2020. The Next States To Launch: BofA Securities analyst Shaun Kelley shared takeaways in a note from a conversation with Chris Grove and...

Las Vegas Sands Corp (NYSE: LVS) and MGM Resorts International (NYSE: MGM) are two of the world’s largest casino operators. Each has taken a different route and growth strategy for its business. Here's a look at how the two stack up in a battle we call Stock Wars. About Las Vegas...

Notable short seller Jim Chanos, the founder and President of Kynikos Associates, told CNBC's Sara Eisen in an interview Thursday he has been short casino operators Las Vegas Sands Corp. (NYSE: LVS) and Wynn Resorts, Limited (NASDAQ: WYNN) since the summer. What Happened Speaking to CNBC's...

The Las Vegas NFL experiment is up in the air after potential partner of the proposed Las Vegas stadium, Las Vegas Sands Corp. (NYSE: LVS) CEO and chairman Sheldon Adelson pulled out of the project. Adelson was expected to contribute $650 million to the $1.9 billion stadium project, but was not...

Warren Buffett is still going strong at the tender age of 85. The same can be said for his trusted right-hand man and 92-year-old business partner Charlie Munger. Other well-known executives such as Las Vegas Sands Corp. (NYSE: LVS)'s CEO Sheldon Adelson and Invemed's CEO Ken Langone...

By: Alex Hillsberg Big income means big taxes. But not for some celebrities. Many of them know how to wiggle out of IRS’ tentacles to save money. And when you’re earning by the millions, your tax savings can also mean millions. The infographic below features some of the celebrities who were...

As Editor-in-Chief of one of the biggest poker media outlets in the world, PokerListings, Matt Showell gave Benzinga an exclusive look into how the internet has changed the industry. Showell began by explaining that online poker gives people the opportunity to play in a less threatening...