Las Vegas Sands founder Sheldon Adelson and wife Dr Miriam Adelson (center) at the April 2012 opening of Sands Cotai Central in Macau, with then Macau Chief Executive Fernando Chui Sai-on (left) and then Las Vegas Sands president and chief operating officer Michael Leven.
Sheldon Adelson and Dr Miriam Adelson (center) at the April 2012 opening of Sands Cotai Central with then Macau Chief Executive Fernando Chui Sai-on (left) and then Las Vegas Sands president and COO Michael Leven.
My retrospective on Las Vegas Sands founder Sheldon Adelson, who died last month, has been published in the February issue of Inside Asian Gaming. It’s accompanied by a look at how Adelson and his wife, born Miriam Farbstein in Tel Aviv in 1945, used their billions to change the course of politics in Israel and the United States. Dr Miriam Adelson received the Presidential Medal of Freedom in 2018 from Donald Trump for her work combating substance abuse and support for Jewish causes, after the couple gave more than $100 million to support Trump and his agenda.
LVS founder Sheldon Adelson brought Paris, Venice and London to Macau, the world’s most admired urban integrated resort to Singapore and conventions to Las Vegas.
A 25 year LVS veteran who successfully ran the company during Adelson’s 2019 cancer treatment and took the reins again last week when Adelson went on medical leave, Goldstein has the trust of Adelson’s widow, LVS controlling shareholder Dr Miriam Adelson, and of Wall Street. Sands CFO Patrick Dumont, married to Dr Adelson’s daughter, looms as a potential favorite son-in-law candidate for leadership, but the Israeli-born physician and her offspring are believed more focused on their native country’s politics than boardroom intrigue. Of course, new circumstances may change that and more.
Adelson spoke out forcefully against online gambling, citing the difficulties of policing it and highlighting its potential to undermine the billions invested in integrated resorts, as online shopping has done to department stores and shopping malls. Adelson’s passing increases the likelihood that LVS will join the casino industry’s march toward online play.
Staunch opposition to drug abuse – one of Adelson’s sons died of a drug overdose and Dr Adelson’s research centers on drug addiction – likely means that LVS will continue to hold out against marijuana use in casinos, regardless of any eventual industry consensus, as long as the Adelson family controls the company.
Adelson’s wealth made him one of the largest and most important political donors in the US and Israel. Adelson and I had our disagreements, but he did far more good than most of the politicians he bankrolled, a largely odious lineup that includes Benjamin Netanyahu, Newt Gingrich and Donald Trump.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is editor at large for Inside Asian Gaming, a contributor to Forbes, columnist/correspondent for Asia Times, and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Casino giant Las Vegas Sands won a casino concession in Macau with founder, chairman and CEO Sheldon Adelson sidelined and can do it again in Japan. LVS says Adelson, age 85, remains engaged in the business while undergoing cancer treatment.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Totally globalized native New Yorker ahttps://www.forbes.com/sites/muhammadcohen/2018/06/25/china-trade-war-potential-casualties-include-u-s-casinos-in-asia/nd former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
As Japan considers casino legalization, Sheldon Adelson warns regulators could prevent “the best kind” of casino resort. Foreigners criticizing details of legislation not yet crafted could mean no casinos at all in Japan or no role in them for difficult gaijin.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Celebrating its tenth anniversary as the world’s largest casino resort, Venetian Macao transformed the landscape for Las Vegas Sands, its creator Sheldon Adelson and global gaming.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.
Muhammad Cohen 