Allegations that he was promoting prostitutions at his Macau casino or that he violated the Foreign Corrupt Practices Act (FCPA) were vigorously denied by billionaire Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp. (LVS) in an interview with Steven Bertoni of Forbes.
The allegations were made by former Sands China executive Steve Jacobs in a lawsuit filed against his former employer.
“There isn’t a shred of evidence,” said Adelson. “I’ll bet anyone a thousand to one that there will be no fire under the smoke that he’s (Jacobs) blowing. I f someone wants to put up a million they can hope to win one billion – but that won’t happen because there isn’t a breach of FCPA. Not even a hint,” said Adelson defiantly.
In his latest court filing, Jacobs charges that the Sands is withholding thousands of documents from the court, including emails that outline a formal strategy to promote prostitution (which is legal in Macau) and loan sharks in its Macau casinos.
Adelson responds that Jacobs is using court documents to publicly embarrass and vilify both him and the company.
Wide receivers are not typically expected to make heavy contributions in their first year. That’s why the performance of Chargers wideout Keenan Allen quickly catapulted the third-round draft pick to the top of the list of candidates for NFL Offensive Rookie of the Year.
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Data released by the Ohio Casino Control Commission shows that Cleveland’s casino saw the most fluctuation, with a revenue increase from $19.5 million in October to $20.2 million in November. That’s an increase of 3.5 percent.
Following the announcement of the 2013-2014 College Football bowl schedule, Nevada Sports Books is launching a winner-take-all College Bowl Jackpot Parlay contest in which the winner is guaranteed $50,000*.
Pokin' Around | The poker push at LVH first began in late July with a temporary spot on the casino floor and then moved into a permanent location by mid-September – a cozy room across from the Tempo Lounge that’s full of Elvis pictures on the walls.
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