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Sheldon Adelson
Global Economy
Briefs
This week: Tesla disappoints with first results as a blue chip company and more.
January 29, 2021
Company in the news
Sheldon Adelson's casino empire passes to widow, with longtime lieutenant in charge
Robert Goldstein, 65, a Sands employee since 1995, stepped up as interim CEO last week
January 13, 2021
Obituary
Sheldon Adelson, boss of Marina Bay Sands, dies at 87
His net worth was about $33 billion, according to the Bloomberg Billionaires Index.
January 12, 2021
Company in the news
MBS hires law firm to probe US$1 bil in transfers
“MBS continues to work closely with its regulators to monitor MBS’s compliance with all legal obligations,” the casino said.
September 17, 2020
Singapore economy
MBS settles lawsuit by former patron with $9.1 mil payment
Marina Bay Sands Pte. also agreed to allow Wang Xi back into the casino as long as he abides by its policies, said the person, who asked not be identified because the matter is confidential.
July 20, 2020
Company in the news
Marina Bay Sands probed over money-laundering controls
The Singapore casino of billionaire Sheldon Adelson’s Las Vegas Sands Corp. is being probed by the US Department of Justice over whether anti-money laundering regulations were breached in the way it handled the accounts of top gamblers.
June 05, 2020
Adelson says US$6 bil Marina Bay Sands investment a ‘warm-up’ to Japan’s casino race
SINGAPORE (Feb 22): Sheldon Adelson – one of the world’s richest men and notably among the biggest funders of Donald Trump’s US presidency campaign – has pledged to spend up to US$10 billion ($14.2 billion) on building a casino facility in Japan,
February 22, 2017
Macau casinos face growing bad debts as VIP punters step back
MACAU (May 18): Casinos in Macau face a growing volume of bad debt provisions, further hitting earnings in the world's largest gambling hub at a time when high-roller VIP punters are backing off.
May 18, 2016