LYCOS RETRIEVER
Sheldon Adelson
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Sheldon Adelson, frequently dubbed "the world's richest Jew," is about to claim the title of biggest Jewish philanthropist. The Las Vegas-based global casino and resort owner is slated to announce creation of a foundation that will allocate $200 million a year, according to a rising tide of media leaks and speculation.
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Billionaire casino developer Sheldon Adelson is taking on his favorite targets again. "I will not be cowered by either the unions, Steve Wynn or any other competitor," Adelson told Las Vegas freelance writer Steve Friess in an interview for USA Today.
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Sheldon Adelson rose to the rank of Chair of Las Vegas Sands, Inc. in 1999. In 2004, he opened the Sands Macao in the former Portuguese colony that had become part of China five years prior. A second Sands Macao Hotel opened in October, 2007. That same year, he founded and published the first edition of Israel HaYom, an Israeli newspaper. He had previously co-founded Maariv, another free Israeli daily. In May 2006, the Sands won the bid for a license to construct a casino resort in Singapore's Marina Bay.
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Casino mogul and Freedom's Watch backer Sheldon Adelson, being sued in Israel, takes the stand tomorrow, Ha'aretz's Yossi Melman reports. Among the contentions unearthed in that and related law suits, Melman reports: that Adelson helped the Chinese government derail Congressional human rights legislation that would have called for Beijing not to get the 2008 Olympic games. In exchange, the law suits allege, Adelson received Beijing's nod to open a casino in Chinese-controlled Macau. Various businessmen along the way allege that Adelson cut them out of the deals. Adelson denies the charges. More at the link and here.
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It was a coup of sorts last February when Las Vegas casino mogul Sheldon Adelson was awarded one of three new licenses to open a casino on the peninsula of Macau. A dark horse candidate, Adelson was a long-shot bet to win a license. The other two winners were Steve Wynn and long-time Macau casino boss Stanley Ho.
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Sheldon Adelson of Las Vegas and his neocon marketing group, Freedom's Watch, must be worried now. How's Israel going to kick China's butt for getting oil they want when not even the USA would want to have a dog in such a fight? Financial Times And this $2 billion oil deal comes within mere days of Iran's announcement to stop trading oil in US dollars.
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