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- Billionaire casino owner Sheldon Adelson has just told Forbes that he is up for spending an ungodly amount of cash in order to crush online gambling developments in the U.S. Adelson’s comments to Forbes were his first public remarks on the topic since The Washington Post reported that he will be kicking off the “Coalition To Stop Internet Gambling” in January.
www.cardplayer.com/poker-news/16482-sheldon-adelson-willing-to-spend-whatever-it-takes-to-thwart-online-poker-in-united-statesSheldon Adelson: 'Willing To Spend Whatever It Takes' To ...
Nov 20, 2013 · According to a report in The Washington Post, Adelson is planning a multi-front war to stop online betting, which is now legal in Nevada and Delaware, and will begin in New Jersey next week.
- Patricia Murphy
June 20 (Bloomberg) -- Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson on online gambling. (Source: Bloomberg)--Subscribe to Bloomberg on YouTube: htt...
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- Bloomberg Originals
The Justice Department offered a legal opinion that could further restrict online gambling — a move casino mogul Sheldon Adelson has been seeking, The Washington Post reported.
Jan 15, 2019 · That progress is now threatened by the DOJ’s Office of Legal Counsel, which is siding with Las Vegas Sands CEO Sheldon Adelson, whose Coalition To Stop Internet Gambling has poured millions...
- The Early Years and Rawa
- Why Was Adelson So Opposed to Online Poker?
- Final, Short-Lived (?) Victory
- The End of The Fight?
While 2011 is best remembered as the year online poker went to dust thanks to the events of Black Friday and the subsequent scandals at Full Tilt Poker and Absolute Poker, it's actually also the year in which a major legislative victory occurred. Five years after the first major legislative domino fell against online poker with the passage of the U...
Adelson famously said he would spend "whatever it takes" to fight online poker's legalization. But why was he so opposed to online poker, when he built his fortune on casino gambling and would presumably have the opportunity to profit from online gambling? Adelson claimed online gambling would have a detrimental effect on land-based casino revenue,...
Adelson had spent another $82.5M on that election cycle, per the Las Vegas Review-Journal, and his efforts had finally borne fruit after years of Democratic victories. The major effect of Trump's victory was felt in early January 2019. That's when the Trump Administration DOJ released its own interpretation of the Wire Act in a memorandum. In it, t...
To be sure, Adelson did some good things in his life. According to the Las Vegas Review-Journal — which he owned — Adelson contributed millions to causes that included the fight against drug addiction and aiding wounded military. His Las Vegas Sands was also the only U.S. casino company that didn't lay off employees during the COVID-19 pandemic, ac...
Jan 18, 2021 · Adelson’s opposition to online gaming, including his infamous Coalition to Stop Internet Gambling, made him a villain amongst the online poker community, and his highly-publicized...
Jan 20, 2021 · Sheldon Adelson wasn't just an anti-online poker crusader, fighting to ensure Americans can't play poker on the internet. In fact, those lobbying efforts aren't even what he's most known for outside the poker world.
