Sheldon Adelson

Adelson is the majority shareholder of Las Vegas Sands, the world's largest casino company. Gambling's richest man parlayed the $862 million sale of his Interface conference company -- which included the Comdex technology gathering -- into the Venetian resort in Las Vegas. Today he operates casinos and convention centers in the U.S., Macau and Singapore.

Sheldon Adelson News

Ikos, Las Vegas Sands, Ericsson: Intellectual Property

Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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.
Galaxy Says VIP Demand Improving as Profit Rises

Galaxy Entertainment Group Ltd., the Macau casino operator founded by billionaire Lui Che Woo, posted a 29 percent increase in first-quarter earnings and said it is seeing signs of improved demand from high-stake gamblers.
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.
Galaxy Buys Casino to Expand in Macau’s Cotai; Shares Climb

Galaxy Entertainment Group Ltd., the Macau casino owner that doubled profit last year, will buy a casino hotel on the city’s increasingly popular Cotai strip. The company’s stock rose to a record.
Las Vegas Sands Considers Apple-Style Bond Sale to Fund Payout

Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, is considering a bond sale like Apple Inc.’s to pay for a dividend or stock buyback.
Sands China Profit Rises 63 Percent on Record Visits

Sands China Ltd., the Macau casino operator controlled by billionaire Sheldon Adelson, posted a 63 percent jump in first-quarter profit as it drew a record number of visitors and pledged to increase its dividend.
Las Vegas Sands’ Earnings Top Estimates on Macau Gambling Pickup

Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, reported first-quarter earnings that exceeded analysts’ estimates as growth in Macau gambling accelerated.
Sands Adds Kung Fu Panda To Woo Families In Macau Casinos

Sands China Ltd. is giving Shrek and Kung Fu Panda a home at its Macau gambling resorts.
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.