More people and drug smuggling laundering, perhaps?Sands Casino[edit]
Las Vegas, Nevada[edit]
The Palazzo, Las Vegas
In 1988, Adelson purchased the Sands Hotel and Casino in Las Vegas for $110 million (approximately equivalent to $283,390,000 in 2023).[32] The next year, he and his partners built the Sands Expo and Convention Center, then the only privately owned and operated convention center in the U.S.[33]
In 1991, while honeymooning in Venice with his second wife, Miriam, Adelson came up with the idea for a mega-resort hotel. He razed the Sands and spent $1.5 billion to construct The Venetian, a Venice-themed resort hotel and casino, which opened on May 3, 1999.[34]
Bethlehem, Pennsylvania[edit]
In the late 2000s, Adelson and the company built a casino resort in Bethlehem, Pennsylvania. It is one of five stand-alone casinos that were awarded a slots license by the Pennsylvania Gaming Control Board in 2006. The casino opened May 22, 2009.[35]
In 2010, during the Great Recession, Adelson told The Wall Street Journal "If it were today, we probably wouldn't have started it."[36]
In 2019, the Las Vegas Sands Corp. sold the Bethlehem casino for $1.3 billion to Alabama-based Wind Creek Hospitality [37] so the Bethlehem casino is no longer owned by the Sands Corporation. The new owner, Wind Creek Hospitality, is owned by the Poarch Band of Creek Indians.[38] The casino's new name is The Wind Creek Bethlehem.
Macau[edit]
The Venetian Macau, the seventh-largest building in the world by floor space
Adelson led a project to bring Las Vegas Sands casinos to Macau. The 1,000,000 square feet (93,000 m2) Sands Macao became China's first Las Vegas-style casino when it opened in May 2004.[39][40] He recovered his initial $265-million investment in one year and, because he owned 69% of the stock, he increased his wealth when he took the stock public in December 2004. Following the opening of the Sands Macao, Adelson's personal wealth multiplied more than fourteen times.[29]
In August 2007, Adelson opened the $2.4 billion[41] Venetian Macao Resort Hotel on Cotai[42][43] and announced that he planned to create a massive, concentrated resort area he called the Cotai Strip, after its Las Vegas counterpart. Adelson said that he planned to open more hotels under brands such as Four Seasons, Sheraton, and St. Regis. His Las Vegas Sands planned to invest $12 billion and build 20,000 hotel rooms on the Cotai Strip by 2010.[44]
Adelson's company was reportedly under federal investigation over alleged violations of the Foreign Corrupt Practices Act relating to payments made to a Macau lawyer.[45][46] In 2015, Sands agreed to pay a $9 million settlement with the Securities and Exchange Commission,[47] which included no admission of wrongdoing.
Marina Bay, Singapore[edit]
Marina Bay Sands, Singapore, the twelfth-most expensive building in the world
In May 2006, Adelson's Las Vegas Sands was awarded a hotly contested license to construct a casino resort in Marina Bay, Singapore. The new casino, Marina Bay Sands, opened in 2010 at a rumored cost of $5.5 billion.
In 2010, when it opened, at a total cost of S$8 billion including land cost, the Marina Bay Sands (MBS) Complex of Singapore was the most expensive building in the world, ranking over the new development of World Trade Towers in Manhattan of New York and the Burj Khalifa of Dubai.[48]
MBS Singapore includes stores at "The Shoppes", an ultraluxury indoor Venetian canal-lined exclusive shopping belt with tenants such as Ferrari, Chanel, the Theatre of Marina Bay and Convention Center for Sands Live concert series, multiple swimming pools, a rooftop infinity pool, night clubs in Maison pavilions on newly constructed mini islands, and 2,500 luxury hotel rooms.[48][49][50]
Other activities[edit]
Israeli press[edit]
The Parisian Macao, a $2.5 billion project
In 2007, Adelson made an unsuccessful bid to purchase the Israeli newspaper Maariv. When this attempt failed, he proceeded with parallel plans to publish a free daily newspaper to compete with Israeli, a newspaper he had co-founded in 2006 but had left.[51] The first edition of the new newspaper, Israel Hayom, was published on July 30, 2007. On March 31, 2014, Adelson received the go-ahead from a Jerusalem court to purchase Maariv and the conservative newspaper Makor Rishon.[52] In 2016, Adelson's attorney announced that he does not own Israel Hayom, but that it is owned by a relative of his.[53]
According to a Target Group Index (TGI) survey published in July 2011, Israel Hayom, which unlike all other Israeli newspapers is distributed for free, became the number-one daily newspaper (on weekdays) four years after its inception.[54] This survey found that Israel Hayom had a 39.3% weekday readership exposure, Yedioth Ahronoth 37%, Maariv 12.1%, and Haaretz 5.8%. The Yedioth Ahronoth weekend edition was still leading with a 44.3% readership exposure, compared to 31% for the Israel Hayom weekend edition, 14.9% for Maariv, and 6.8% for Haaretz. This trend was already observed by a TGI survey in July 2010.[55]
In 2011, the Israeli press said that Adelson was unhappy with the coverage on Israeli Channel 10 alleging he had acquired a casino license in Las Vegas inappropriately through political connections.[56] The channel apologized after Adelson threatened a lawsuit. This led to the resignations of the news chief, Reudor Benziman; the news editor, Ruti Yuval; and the news anchor, Guy Zohar, who objected to the apology.[57] After two months of deliberations, the Israeli Second Authority for Television and Radio ruled that although there were some flaws in the manner in which the apology had been conducted, the decision to apologize had been correct and appropriate.[56]
Bring them to the border lol.
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