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Sheldon Adelson

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WORLD
May 28, 2013 | By Edmund Sanders
JERUSALEM -- Casino billionaire and Israel supporter Sheldon Adelson said Tuesday that U.S. efforts to restart Mideast peace talks are doomed until Palestinians accept Israel as a Jewish state. Speaking during a break at the Jerusalem International Tourism Summit, Adelson, 80, also said he would not be investing any of his fortune in Secretary of State John F. Kerry's new $4-billion private investment plan to develop the West Bank and Gaza Strip. What do you think about what Secretary Kerry is doing?
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OPINION
April 23, 2014
Re "Money won't buy you votes," Opinion, April 20 Law professor Peter H. Schuck makes the ridiculous suggestion that because the amount of money spent in the 2012 election was considerably less than what Americans spent on cosmetic surgery in 2011, we shouldn't worry about it. Then he notes that campaign spending as a share of the gross domestic product has not risen appreciably for more than a century. Why should campaign spending be related to economic output? Schuck cites a study finding that an extra $175,000 in campaign spending increases a candidate's vote tally by a third of a percentage point.
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NEWS
March 28, 2012 | By Kim Geiger
Casino titan Sheldon Adelson, who has almost single-handedly bankrolled a “super PAC” backing Newt Gingrich's presidential campaign, now believes Gingrich is “at the end of his line.” Speaking to a group outside his Las Vegas hotel and casino the Venetian, Adelson  this week criticized GOP front-runner Mitt Romney and Rick Santorum, but acknowledged that his preferred candidate had little hope of becoming the nominee. “It appears as though he's at the end of his - at the end of his line,” Adelson said in comments Monday that were reported by JewishJournal.com . “'Cause, I mean, mathematically, he can't get anywhere near the numbers, and there's not - unlikely there'll be a brokered convention.” Adelson, along with his wife and children, has donated $16.5 million to Winning Our Future, a super PAC that was instrumental in paying for advertising to boost Gingrich's cash-strapped campaign.
NATIONAL
March 29, 2014 | By Maeve Reston
LAS VEGAS - Long before voters begin paying attention to the 2016 presidential contest, the quiet race for the Republican Party's most elite donors was well under way in recent days as potential candidates made a pilgrimage west to court prolific spender Sheldon Adelson and other members of the Republican Jewish Coalition. During speeches Saturday, Wisconsin Gov. Scott Walker, Ohio Gov. John Kasich and New Jersey Gov. Chris Christie all addressed the key concerns of Adelson and many group members - the threat of a nuclear Iran, their desire to strengthen U.S. ties with Israel, and what they view as the waning prestige of the U.S. abroad.
NATIONAL
June 16, 2012 | By Robin Abcarian
It is only fitting that the Right Online conference, a project of the Americans for Prosperity Foundation, should hold its conference for political bloggers in the Sands Expo, a huge meeting and convention facility next to The Venetian hotel casino here on The Strip. After all, the corporation that owns both entities, Las Vegas Sands, is owned by billionaire Sheldon Adelson, a Republican who has turned the 2012 presidential campaign into something of a personal sandbox. “I know the left hates guys like Sheldon Adelson and David Koch,” Americans for Prosperity President Tim Phillips said as he welcomed the bloggers Friday to their two-day conference, which he said was designed as a counterpoint to the left's Netroots Nation gatherings.
NEWS
August 2, 2012 | By Mitchell Landsberg
This post has been corrected. See the note at the bottom for details. Apparently hoping to stave off a lawsuit, the Democratic Congressional Campaign Committee issued a sweeping apology Thursday to billionaire Republican donor Sheldon Adelson -- perhaps the last man to whom Democrats want to utter the words, "We're sorry. "   The DCCC said it was retracting statements "that attacked Sheldon Adelson, a supporter of the opposing party. " Those statements accused Adelson of personally approving of prostitution at his company's casinos in Macau, China, according to his lawyers and published reports.
NATIONAL
May 14, 2013 | By John M. Glionna, This post has been corrected and updated, as indicated below
LAS VEGAS - A Hong Kong businessman hit a $70-million court-awarded jackpot Tuesday when a jury agreed that he had helped the casino empire run by billionaire Sheldon Adelson get a gambling foothold in China. This is the second time in five years that jurors have awarded consultant Richard Suen a sizable sum in the bitter dispute. A jury's 2008 finding for Suen was thrown out on appeal. Adelson's lawyers vowed Tuesday to appeal the latest verdict. Suen claimed he was owed $328 million for lobbying mainland Chinese officials to grant the Las Vegas Sands Corp.
NATIONAL
April 6, 2013 | By John M. Glionna
LAS VEGAS - Billionaire casino mogul Sheldon Adelson looked relaxed. His arm was slung over the back of the courtroom witness chair with the cozy demeanor of a guest on an afternoon talk show. He was dressed impeccably in a gray business suit, blue shirt and red-and-white tie, but the look on his face was purely personal, a grandfather telling a story. He talked about his impoverished Boston childhood, his parents fresh off the latest immigrant boat. “I could have been a rags to riches story,” he said, smiling, congenially facing the jury.
NATIONAL
April 4, 2013 | By John M. Glionna, Los Angeles Times
LAS VEGAS - For years, he's been the Wizard of the Strip, an Oz-like character whose wealth and power have never been in doubt but who has stayed behind a curtain, away from public exposure. Sheldon Adelson, 79, who rose from impoverished roots in Boston to become one of the planet's richest men and chief executive of the Las Vegas Sands Corp. international gaming empire, has long kept his counsel exclusively to lawyers and other insiders, a trusted few. But on Thursday, the curtain parted.
NATIONAL
March 2, 2013 | By Rong-Gong Lin II and Maeve Reston, Los Angeles Times
The Las Vegas casino company headed by high-profile Republican donor and billionaire Sheldon Adelson said it probably violated a federal law that prohibits the bribery of foreign government officials. Las Vegas Sands Corp. said its auditors found that "there were likely violations" of the Foreign Corrupt Practices Act, which bars Americans from bribing foreign officials to secure an advantage. The disclosure was made in a filing Friday with the Securities and Exchange Commission.
BUSINESS
October 25, 2013 | By Michael Hiltzik
Thanks to the tenacity of the Fair Political Practices Commission, the names are now dribbling out of the campaign donors who secretly supported an anti-union measure and opposed a desperately needed tax increase on last year's California ballot. As one might expect, it's a disgraceful roster of billionaires intent on pulling up the ladder of advancement behind them. Charles Schwab. Eli Broad. B. Wayne Hughes (founder of Public Storage). The owners of the Gap. Sheldon Adelson of the Las Vegas Sands.
WORLD
May 28, 2013 | By Edmund Sanders
JERUSALEM -- Casino billionaire and Israel supporter Sheldon Adelson said Tuesday that U.S. efforts to restart Mideast peace talks are doomed until Palestinians accept Israel as a Jewish state. Speaking during a break at the Jerusalem International Tourism Summit, Adelson, 80, also said he would not be investing any of his fortune in Secretary of State John F. Kerry's new $4-billion private investment plan to develop the West Bank and Gaza Strip. What do you think about what Secretary Kerry is doing?
NATIONAL
May 15, 2013 | By Michael Muskal
A Texas paramedic arrested last week will plead not guilty to a federal charge of having bomb-making materials and will waive a formal arraignment on a new federal indictment, it was reported Wednesday. Bryce Reed, who was among the emergency crews that responded to a deadly fire and explosion at a fertilizer plant in West, Texas, was scheduled to appear at a detention hearing and arraignment Wednesday afternoon. Reed has not been linked to the April 17 disaster that killed 14 people and injured more than 160. Wednesday's federal proceeding was canceled, Jonathan Sibley, a lawyer for Reed, told reporters in Texas, according to media reports.
NATIONAL
May 14, 2013 | By John M. Glionna, This post has been corrected and updated, as indicated below
LAS VEGAS - A Hong Kong businessman hit a $70-million court-awarded jackpot Tuesday when a jury agreed that he had helped the casino empire run by billionaire Sheldon Adelson get a gambling foothold in China. This is the second time in five years that jurors have awarded consultant Richard Suen a sizable sum in the bitter dispute. A jury's 2008 finding for Suen was thrown out on appeal. Adelson's lawyers vowed Tuesday to appeal the latest verdict. Suen claimed he was owed $328 million for lobbying mainland Chinese officials to grant the Las Vegas Sands Corp.
NATIONAL
April 6, 2013 | By John M. Glionna
LAS VEGAS - Billionaire casino mogul Sheldon Adelson looked relaxed. His arm was slung over the back of the courtroom witness chair with the cozy demeanor of a guest on an afternoon talk show. He was dressed impeccably in a gray business suit, blue shirt and red-and-white tie, but the look on his face was purely personal, a grandfather telling a story. He talked about his impoverished Boston childhood, his parents fresh off the latest immigrant boat. “I could have been a rags to riches story,” he said, smiling, congenially facing the jury.
NATIONAL
April 4, 2013 | By John M. Glionna, Los Angeles Times
LAS VEGAS - For years, he's been the Wizard of the Strip, an Oz-like character whose wealth and power have never been in doubt but who has stayed behind a curtain, away from public exposure. Sheldon Adelson, 79, who rose from impoverished roots in Boston to become one of the planet's richest men and chief executive of the Las Vegas Sands Corp. international gaming empire, has long kept his counsel exclusively to lawyers and other insiders, a trusted few. But on Thursday, the curtain parted.
NATIONAL
February 2, 2012 | By Kim Geiger and Ashley Powers, Los Angeles Times
On a Strip packed with colorful, sometimes controversial gambling titans, Sheldon Adelson plays politics a little differently from the rest. The casino barons are a mostly pragmatic bunch, shifting campaign donations to favor the party in power. Not Adelson, the chief executive of Las Vegas Sands, whose family almost single-handedly funded the revival of Newt Gingrich's Republican presidential bid. Other executives may have sidestepped the risk of becoming campaign fodder. Adelson thrust himself into the race last month when he and his wife gave $10 million to a "super PAC" supporting Gingrich.
BUSINESS
March 5, 2013 | By Shan Li
Las Vegas Sands Corp., the casino behemoth run by Republican fundraiser and billionaire Sheldon Adelson, is facing criticism for its operations in Spain and Macau. The gambling company recently acknowledged it is likely that in Macau it violated the federal Foreign Corrupt Practices Act, an American law best known for banning bribery of foreign officials, according to Securities and Exchange Commission filing. It was the first time the company disclosed it was under investigation by the SEC. In Spain, advocacy groups are protesting Las Vegas Sands' plans to build a giant 1,850-acre casino outside Madrid.
NATIONAL
March 2, 2013 | By Rong-Gong Lin II and Maeve Reston, Los Angeles Times
The Las Vegas casino company headed by high-profile Republican donor and billionaire Sheldon Adelson said it probably violated a federal law that prohibits the bribery of foreign government officials. Las Vegas Sands Corp. said its auditors found that "there were likely violations" of the Foreign Corrupt Practices Act, which bars Americans from bribing foreign officials to secure an advantage. The disclosure was made in a filing Friday with the Securities and Exchange Commission.
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