Clark County

Clark County News

  • Las Vegas Sands Loses Trial Over Macau License Claims

    Billionaire Sheldon Adelson’s Las Vegas Sands Corp. must pay $70 million to a Hong Kong businessman for his help in obtaining a Macau casino license more than a decade ago, a Nevada jury said.

  • Las Vegas Sands Says Beijing Had No Macau Licensing Role

    A lawyer for Las Vegas Sands Corp. said the Chinese government had no part more than 10 years ago in the award of gaming licenses in Macau for the casino operator controlled by billionaire Sheldon Adelson.

  • Wynn Resorts' Okada Lawsuit Halted for Criminal Probe

    Wynn Resorts Ltd.’s lawsuit with former director Kazuo Okada was halted while U.S. authorities pursue a criminal investigation into possible bribery of Philippine officials by the Japanese billionaire.

  • Goldman Backs Mullen in Rentals After Subprime Short

    Donald R. Mullen Jr., who helped Goldman Sachs Group Inc. profit from the U.S. housing crash, is giving the firm and its clients a way to gain from the recovery.

  • Southern, Turner Renewable Buy Fifth U.S. Solar Project

    Southern Co., the second-largest U.S. power company by market value, acquired its fifth U.S. solar project in partnership with billionaire Ted Turner’s renewable-energy company.

  • Okada Review Finds Wynn Resorts Probe ‘Deeply Flawed’

    An independent review commissioned by Kazuo Okada’s lawyers found that Wynn Resorts Ltd.’s investigation that cost the Japanese billionaire his 20 percent stake in the casino operator was “deeply flawed.”

  • Ropes & Gray, Sidley, Cleary, Gibson Dunn:Business of Law

    Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.

  • Kazuo Okada Under Criminal Investigation, U.S. Says

    Universal Entertainment Corp. Chairman Kazuo Okada faces a U.S. criminal investigation related to his Philippine casino project, sending the gaming company’s shares down as much as 18 percent.

  • Adelson Returns to Stand in $328 Million Macau Deal Suit

    Las Vegas Sands Corp. Chairman Sheldon Adelson returned to the witness stand, saying if he didn’t defend the lawsuit brought by a Hong Kong businessman, there would be a line around the block with people suing him.

  • Adelson Says He Can’t Recall 2000 Macau Licensing Talk

    Las Vegas Sands Corp. Chairman Sheldon Adelson told a jury a Hong Kong businessman who seeks $328 million over claims he helped the casino operator get a Macau gaming license couldn’t deliver what he promised.

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