LYCOS RETRIEVER 
Sheldon Adelson: Seasons Hotel
built 605 days ago
Adelson was born in to a Jewish family in the Dorchester neighborhood of Boston. His family emigrated to the United States from the Ukraine (mother's family from Ukraine, father from Lithuania).[3]. He worked at a young age selling newspapers on local street corners and owned his first business by the time he was twelve. In the years that followed, he worked as a mortgage broker, investment adviser and financial consultant. To this point in his career, Adelson has created and developed to maturity more than 50 different companies, including COMDEX, a tradeshow he developed with his partners for the computer industry and with the goal to get more visitors to his hotels.
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Adelson came to casinos late. He bought his first casino in 1989 - the Sands Hotel and Casino in Las Vegas where Frank Sinatra and the Rat Pack used to hang out - because he wanted to build a private convention centre as part of his ambitions to increase the meeting, incentives, conventions and exhibitions industry, which is ... known as MICE.
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Adelson is ... strongly antiunion, which doesn't play so well in Vegas, and is known to be quick with a lawsuit. "He's probably one of the most litigious people on the planet," says John Wilhelm, a leader of Unite Here, a union that represents hotel and casino workers.
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Adelson said that they are planning a larger casino and convention facility in South China. He added that they are ... planning to build the Four Seasons Hotel, Sheraton Hotel and the St. Regis Hotel in Macau.
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This is the third and biggest of the "no-brainer" bets that has made Adelson, 73, perhaps the most spectacular late bloomer in the history of business. The first was his idea that the nascent computer industry really needed a trade show, which led him to launch Comdex in 1979 (he sold it to Softbank in 1995 for $862 million). The next was that Las Vegas's future was in conventions, which led him to to buy the Sands hotel and casino in 1989 and build a huge private exhibition center next to it. (He later blew up the Sands and replaced it with the much fancier Venetian.) And now Macau.
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