May 2, 1999
The latest Las Vegas mega-fantasy resort promises to transplant Venice, Italy, to the desert this week. And this time, they say it's not a mirage. The $1.5-billion Venetian Resort-Hotel-Casino, which has glided past three announced opening dates, is scheduled to debut Tuesday on the site of the former Sands Hotel. At least most of it.
February 6, 2007 |
Las Vegas Sands Corp., the casino company run by billionaire Sheldon Adelson, said Monday that its fourth-quarter profit climbed 3.3% from a year earlier on increased revenue in Macao and Las Vegas. However, its share price fell after the company acknowledged much of the benefit came because it was more lucky than normal at table games for high rollers at the Venetian hotel-casino in Las Vegas. The company earned $113.6 million, or 32 cents a share, for the three months ended Dec.
June 17, 2012
Re "Mega-donor turns his focus to Romney," June 14 How ironic that in the same issue that we read about Barbra Streisand's startling inability to get a single female billionaire to contribute to research on heart disease among women, we also read about a lone billionaire (Sheldon Adelson) who has contributed millions to groups supporting Newt Gingrich and Mitt Romney. Perhaps if Gingrich and Romney were females with heart disease, their resident billionaire with his deep pockets might deign to contribute a few bucks to female heart disease research.
August 16, 2012 |
OXFORD, Ohio - He can rouse large crowds to giddiness, ascend private jets two steps at a time, and catch a baseball with one hand, sign it, and throw it back to an adoring fan. Can Paul D. Ryan leap tall buildings in a single bound? Not yet, though his swarms of adoring fans might find it plausible. It was only a week ago that Ryan was a congressman from a district of 700,000, known - if he was known at all - for his controversial budget plan. Now, he drives in motorcades that close down miles of highway and can't walk down a street in Iowa without being cheered.
December 9, 2012 |
Just as the devil's finest trick is persuading you that he doesn't exist (according to the poet Baudelaire), the best trick of big-money political donors may be persuading Americans that Citizens United doesn't matter. Citizens United, of course, is the infamous 2010 ruling by the Supreme Court that overturned limits on political spending via ostensibly independent groups, and thereby unleashed a torrent of donations from corporations and wealthy individuals in presidential and congressional election cycles.
October 10, 2008 |
Las Vegas Sands Corp. Chief Executive Sheldon Adelson's net worth declined $4 billion from Aug. 29 to Oct. 1, the steepest drop among Americans who lost $1 billion or more during the credit crisis, according to Forbes magazine. The magazine, in its Oct. 27 issue, recalculates the effect of September's financial news on the wealthiest Americans, those who make up its Forbes 400 list. That list was published Sept. 17. Berkshire Hathaway Inc. Chairman Warren Buffett overtook Microsoft Corp.
July 28, 2012 |
JERUSALEM -- Sheldon Adelson, the casino magnate who has committed more than $30 million to independent efforts to defeat President Obama, is expected to be among the donors mingling with Mitt Romney on Monday at a fundraiser in Jerusalem. But the Romney campaign has decided to bar reporters from that event -- breaking the protocol of an agreement developed with reporters and the campaign months ago. The presumed Republican nominee's campaign opened fundraisers to a small pool of reporters in May, as long as they were being held in public venues like hotels and restaurants.
November 14, 2006 |
Wynn Resorts Ltd., the owner of namesake casinos in Las Vegas and Macao, will pay shareholders a $609.3-million special cash dividend, almost a quarter of which will go to billionaire founder Steve Wynn. The dividend is worth $6 a share, Las Vegas-based Wynn Resorts said Monday, and follows the company's sale this year of rights to develop a separate casino in Macao. The shares rose $6.48 to $88.67, a record high.
November 18, 2008 |
Las Vegas Sands Corp. said Monday that doubts about its ability to continue as a going concern were removed after the completion of an offering of common stock, preferred stock and warrants provided about $2.1 billion of additional capital. The Las Vegas-based casino operator's independent accounting firm, PricewaterhouseCoopers, said in a filing with the Securities and Exchange Commission that the actions taken Friday helped to erase worries about the company's ability to continue to operate.
August 1, 2012
Re "Romney trip takes another detour," July 31 I, a registered Democrat for more than 40 years, felt a great sense of pride reading the comments Mitt Romney made in Jerusalem. His statements on culture being responsible for the economic disparity between Israelis and Palestinians were correct. How technologically advanced were the Palestinians prior to 1967? History proves that education and human welfare have always been a priority for Jews. My hat is off to Romney for having the courage to tell it like it is. I also give him credit for visiting only with the leaders of democracies.