Sands China Ltd. said Chief Operating Officer David Sisk, a veteran of the Las Vegas casino industry, quit after three years at the Macau gambling resort operator controlled by billionaire Sheldon Adelson.
Las Vegas Sands Corp., operator of the Venetian-Palazzo hotel complex in the largest U.S. gambling market, will pay $47.4 million to end a federal probe of its failure to report a high-stakes patron’s suspicious deposits.
Lawyers for Sheldon Adelson’s Las Vegas Sands Corp. disputed claims that they didn’t disclose evidence sought in a lawsuit filed by Steven Jacobs, the fired head of the casino operator’s China operations.
Las Vegas Sands Corp., embroiled in two U.S. investigations and a court battle with the former head of its Chinese casino business, said for the first time it probably violated the U.S. Foreign Corrupt Practices Act.
Las Vegas Sands Corp. said it received a subpoena from the U.S. Securities and Exchange Commission to produce documents relating to its Macau operations’ compliance with the Foreign Corrupt Practices Act.
If Apple Inc.’s patent litigation is the “thermonuclear war” over smartphone technology and design that co-founder Steve Jobs pledged to his biographer, Noreen Krall is its field marshal, Bloomberg News’s Susan Decker and Adam Satariano report.
Rajat Gupta, while on the Goldman Sachs Group Inc. board in 2008, told Galleon Group LLC co- founder Raj Rajaratnam of the board’s talks on whether to buy American International Group Inc. or Wachovia Corp., according to a wiretapped recording.
Sheldon Adelson told a jury he wasn’t involved in and didn’t authorize an offer that former Las Vegas Sands Corp. President William Weidner made to a Hong Kong businessman for a share of the company’s profit in Macau.