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Found 12 results

  1. Those of you rooting for the demise of Las Vegas Sands CEO Sheldon Adelson (pictured) might have finally gotten your wish. On Friday, the Guardian published an articlesaying that Adelson will soon face graft accusations in a US court of law. If you have no idea what graft is, we'll let a dictionary fill you in: "practices, especially bribery, used to secure illicit gains in politics or business; corruption." According to the Guardian, the charges stem from allegedly nefarious actions at Adelson's all-important casinos in Macau and, if prosecutors are successful, could spell the end of hi
  2. In September of last year, New Jersey State Senator Raymond Lesniak hinted that PokerStars' approval to operate in the Garden State was imminent. But as the months pass by, many are wondering just what, exactly, is holding up the process. Speaking to Business Insider, several political insiders place the blame squarely on the shoulders of casino mogul Sheldon Adelson and New Jersey Governor Chris Christie (pictured). "Christie put a stop to it," said Lesniak. "With a high degree of confidence, it's apparent that's exactly what has happened." The entry of PokerStars into the market coul
  3. On Wednesday, Las Vegas Sands CEO Sheldon Adelson (pictured) spoke at the G2E gaming industry conference held his home casino, the Venetian in Las Vegas. Adelson, as you may know, said he'll spend "whatever it takes" to outlaw online gambling in the United States and has become public enemy #1 in our industry. The Poker Players Alliancefeatured a running commentary on Twitter during Adelson's keynote speech, which you can watch by clicking here. The organization started off by noting, "Adelson takes a direct swing at @PokerStars, says they are criminals trying to get a US license." PokerS
  4. You might recall that Las Vegas Sands CEO Sheldon Adelson (pictured) has pledged to spend "whatever it takes" to rid the United States of online gambling. In fact, he has corralled two lawmakers – Senator Lindsey Graham (R-SC) and Representative Jason Chaffetz (R-UT) – into introducing bills to do exactly that. How much money have Adelson and his Coalition to Stop Internet Gambling spent in 2014? --- PocketFives' news coverage is brought to you by Betsafe, one of the leading suppliers of online gaming products worldwide and a major sponsor of Gumball 3000. Sign up now for great bonus
  5. What started as a relatively mundane wrongful termination lawsuit against Las Vegas Sands Macau has spiraled into something much more serious after possible links to organized crime groupswere brought to light during trial. Now, a nonprofit arm of the Guardian news publication has filed a motionto unseal a document compiled by a former Hong Kong police chief that is believed to spell out illegal practices utilized by the Sheldon Adelson-run company. Adelson is pictured. Former Las Vegas Sands Macau President Steve Jacobs was hired in 2009 and later became its President. He claims that duri
  6. According to PennLive, Las Vegas Sands Chairman and CEO Sheldon Adelson (pictured), who has vowed to spend "whatever it takes" to crush the internet gambling and online poker industries in the United States, allegedly contributed nearly $1 million to the reelection campaign of Pennsylvania Governor Tom Corbett. The problem: the donation was reportedly illegal. --- PocketFives' news coverage is brought to you by Betsafe, one of the leading suppliers of online gaming products worldwide and a major sponsor of Gumball 3000. Sign up now for great bonuses, €3,000,000 guaranteed monthly, and pl
  7. While Sheldon Adelson is right in the thick of his anti-internet gambling crusade, one of his Las Vegas Sands Board members has been busy buying up a massive stake in an online gaming giant. Jason Ader, founder of the investment firm SpringOwl, has acquired a 6.1% share of bwin.party, giving him a controlling interest in the London Stock Exchange-traded business. "I gave him the heads-up," Ader said in an article in the Las Vegas Review-Journal, referring to Adelson. "He always agrees to disagree and that's why he likes having independent voices on his Board. I never would have made the
  8. In case you think that Las Vegas Sands head Sheldon Adelson (pictured) has a longstanding hatred for the internet gambling industry, you should check out an article from 2001 that appeared in the Las Vegas Sun. In it, Adelson charged that his company will "be in that ring," referring to the internet gambling arena, and praised lawmakers for pursuing pro-internet gambling legislation. Yes, that Sheldon Adelson. The same man who created the Coalition to Stop Internet Gamblingand said he'd spend "whatever it takes" to rid the US of internet gambling forever. As ESPN's "Monday Night Countdown
  9. The man trying to eradicate online poker and internet gambling from the US – Las Vegas Sands Chairman and CEO Sheldon Adelson (pictured) – claims he's "very socially sensitive," according to a Las Vegas Sun article published this week. Adelson gave his remarks during a talk at UNLV. After describing his tough roots in which "he and his three siblings slept on the floor in the same bedroom as their parents," the article noted that Adelson's father "spent his earnings as a taxi driver at racetracks." He told onlookers, "I see what exploitation of poor, vulnerable people does to a family. I
  10. We hope you enjoyed the break. For about four weeks, the online poker industry didn't have to hear about Las Vegas Sands CEO Sheldon Adelson's one-man crusade to rid the United States of internet gambling forever. However, according to TownHall, the ageless wonder is back, and the chalkboard-scratching is louder than ever. TownHall explained in an article published on Wednesday, "Adelson (pictured) received a private briefing with Republican members of the House Judiciary Committee in the second week of January. The meeting sends a strong signal that the billionaire, who is one of the most
  11. In February, PocketFives brought you a story about the websites of Sheldon Adelson's Las Vegas Sands Corporation being hacked due to remarks he made about nuclear weapons. Sorry poker players, you can't take credit for this one. Visitors to the websites of properties like the Venetian and Palazzo in Las Vegas were unable to do much of anything except view the fruits of the hackers' labor. Ten months later, BusinessWeekpublished an expose about the attack, which was far more extensive than just a few websites: "Numerous systems were felled, including those that run the loyalty rewards plans
  12. Sheldon Adelson, the man who hates online poker with every fiber of his body, is going after internet gambling sites yet again. But this time, he may have a point. The Las Vegas Sands Corp., the company of which Adelson is the CEO, filed a lawsuit in the United States District Court for the District of Nevada on Friday against 35 websites for trademark infringement. --- PocketFives' news coverage is brought to you by Betsson Poker, a leading global online gaming provider. Betsson Poker is available on Mobile and offers regular promotions to live events around the wo
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