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Las Vegas Sands' Sheldon Adelson: Online Gambling is Cancer and Can be Equated to Heroin
Friday, June 21, 2013 - 9:06am | 439Chairman and CEO of Las Vegas Sands (NYSE: LVS), Sheldon Adelson, said some pretty surprising comments in an interview with Bloomberg. The video for this interview can be viewed here. Online Gambling Before explaining why online gambling is cancerous, Adelson clarified his position. “I bring...
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Wynn Resorts, Las Vegas Sands Hit by Macau Crackdown
Tuesday, December 4, 2012 - 11:58am | 809Wynn Resorts (Nasdaq: WYNN) and Las Vegas Sands (NYSE: LVS), which operate casino resorts in the Chinese city of Macau, are down in early trading Tuesday as Chinese authorities crack down on money laundering through Macau's casinos. No one is accusing the two companies of any wrongdoing....
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The Next Big Thing In Singapore: Gambling
Monday, October 25, 2010 - 2:16pm | 292When most people want to gamble, they go to Las Vegas; if they can't, they'll take the nearest alternative and wish they were in Vegas. That could change if Las Vegas Sands Corp. (NYSE: LVS) and Genting Singapore have anything to say about. The two companies are working hard to create new gambling...
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Adelson Sees Convention Booking Recovery In 2011 (LVS, MGM)
Wednesday, December 16, 2009 - 3:09pm | 136Billionaire Sheldon Adelson, the CEO of Las Vegas Sands Corporation (NYSE: LVS)(FREE stock trend analysis), has said that Las Vegas convention bookings would rebound in 2010 and recover in 2011. According to Adelson, conferences, conventions and corporate meetings booked by the “big markets”...
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Sheldon Adelson Goes From Rags To Riches
Monday, December 7, 2009 - 4:46pm | 300Sheldon Adelson’s rise to wealth can be made into a made for tv movie. Adelson grew up in tenement housing in Dorchester, Massachusetts. Adelson's father was a cab driver and his mother operated a knitting shop from their home. Adelson grew up sharing a bedroom with his three siblings and their...