Tag Archives: las vegas sands

Mark Frissora – US Betting is in-tune with Caesars comeback

Speaking to CNBC News, Mark Frissora Group President & CEO of Caesars Entertainment has stated that his firm is reviewing all options with regards to competing within a US state-licensed sports betting framework. Frissora and Caesars’ executive team welcomed ‘with excitement’, last week’s groundbreaking Supreme Court repeal of PASPA’s federal mandate, which will open US licensed sports betting. Caesars leader …

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Holy Grail! Adelson prepared to invest $10 billion in Japanese casino resort

US business news sources have reported that billionaire casino magnate Sheldon Adelson will potentially invest up to $10 billion should Las Vegas Sands Corporation be granted an ‘integrated resorts’ license by the Japanese government. “It would be at least what we paid in Singapore, $6 billion including the land, but it could be as much as $10 billion,” Sheldon Adelson …

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Sands hit with $7 million DOJ ‘Asian compliance misconduct’ fine

US casino operator Las Vegas Sands Corp (Sands) has confirmed that it will pay a $6.96 million penalty in order to resolve its ‘Foreign Corrupt Practices Act’ (FCPA) dispute in connection with business transactions carried out in China and Macao. The penalty charge imposed on Sands relates to the company failing to implement appropriate ‘internal accounting controls’ ensuring the legitimacy …

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Politics holding up PokerStars in New Jersey

PokerStars’ attempts to get licensed in New Jersey have seemingly come a cropper because of the political ambitions of Governor Chris Christie and the might of anti-online gambling campaigner Sheldon Adelson. Christie has designs on the Republican nomination for the White House and the general consensus is that major donor and Las Vegas Sands owner Adelson will have a huge …

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Las Vegas Sands appoints Robert. G. Goldstein as CEO

Las Vegas Sands has announced the appointment of Robert. G. Goldstein as Chief Executive Officer. Robert. G. Goldstein, will take over leadership of the casino operator in the new year for the retiring Michael A. Leven. Billionaire Sheldon Adelson weill still be the Group CEO, but Goldstein will be trusted with taking the operational reins of the world’s largest gambling company, according …

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States’ poker focus too blinkered

SBC affiliate correspondent Marc Pedersen reports from the iGaming North America show at Planet Hollywood in Las Vegas. I’ve only been out at the iGaming North America conference for one day, but already I’m getting a good feel for how the market is setting itself with regards to the opening up on online gaming. While there is lots of media …

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