- Title: Las Vegas casino magnate, Republican donor Sheldon Adelson dies
- Date: 12th January 2021
- Summary: MACAU, CHINA (SEPTEMBER 13, 2016) (REUTERS) VARIOUS OF SANDS CHAIRMAN, SHELDON ADELSON, WITH WIFE MIRIAM ON RED CARPET WIDE OF ADELSON AND OTHERS SEATED ON STAGE ADELSON SPEAKING ADELSON ON STAGE AT MEDIA CONFERENCE SAYING: "(SOUNDBITE)(English) SANDS CHAIRMAN, SHELDON ADELSON, SAYING: We are optimistic that we have hit the bottom. Now is it sustainable for a long time to come, I can't answer that question. But based upon the pre-bookings and based upon the convention bookings we have, I think we have essentially hit the bottom."
- Embargoed: 26th January 2021 14:32
- Keywords: Republican donor Sheldon Adelson casino mogul
- Location: LAS VEGAS, NEVADA AND MACAU, CHINA
- City: LAS VEGAS, NEVADA AND MACAU, CHINA
- Country: USA
- Topics: Arts/Culture/Entertainment,United States
- Reuters ID: LVA001DUWCXFR
- Aspect Ratio: 16:9
- Story Text:American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world's richest men and became a potent supporter of U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, has died at age 87.
Adelson, who headed the world's largest casino company Las Vegas Sands, died on Monday (January 11) from complications related to treatment for non-Hodgkins lymphoma, Las Vegas Sands said in a statement on Tuesday (January 12).
"In Las Vegas, Macao and Singapore, Mr. Adelson's vision for integrated resorts transformed the industry, changed the trajectory of the company he founded, and reimagined tourism in each of those markets," the company said. "His impact on the industry will be everlasting."
A combative self-made man raised in a poor Jewish immigrant family in Boston, Adelson established hotels and casinos in Las Vegas, Macau and Singapore. His wealth made him a formidable figure in U.S. politics as he bankrolled Republicans including businessman-turned-politician Trump and fought Democrats. He also was a prominent supporter of Israel.
With a net worth of $33.4 billion as of this week, Adelson ranked as the world's 38th richest person on the Bloomberg Billionaires Index.
Adelson and his Israeli-born physician wife Miriam gave more than $218 million to Republican and conservative causes in the 2020 U.S. election cycle, according to the Center for Responsive Politics, which tracks political spending, more than anyone else.
(Production: Kia Johnson) - Copyright Holder: FILE REUTERS (CAN SELL)
- Copyright Notice: (c) Copyright Thomson Reuters 2021. Open For Restrictions - http://about.reuters.com/fulllegal.asp
- Usage Terms/Restrictions: None