Sheldon Adelson has Cancer

Submitted by C Costigan on

Written by :

C Costigan

Published on :

LAS VEGAS (AP) — Casino magnate and GOP donor Sheldon Adelson has cancer and has not been at his company’s offices in Las Vegas since around Christmas Day.


START YOUR OWN SPORTSBOOK FOR JUST A SMALL FEE PER WEEK PER PLAYER HERE

Adelson’s poor health was revealed earlier this week by one of his company’s attorneys during a court hearing in a years-old case brought by a Hong Kong businessman. The founder and CEO of Las Vegas Sands Corp. did not participate in the casino operator’s conference call with analysts and investors following its earnings report in January.

Attorney James Jimmerson told the court Monday that he learned last month “of the dire nature of Mr. Adelson’s condition, health.” The comment from the attorney came when discussing whether Adelson could sit for a deposition in the case and was first reported by The Nevada Independent.

Las Vegas Sands Corp. on Thursday told The Associated Press that Adelson has cancer.

“Mr. Adelson is still dealing with certain side effects from medication he is taking for the treatment of non-Hodgkin’s lymphoma,” company spokesman Ron Reese said in an emailed statement Thursday night. “These side effects have restricted his availability to travel or keep regular office hours.”

The effects haven’t prevented Adelson, 85, from fulfilling his duties as chairman and CEO, Reese said. The company expects he’ll return after he completes treatment.

Adelson also suffers from peripheral neuropathy, a condition that affects the nervous system.

The billionaire and his wife, Miriam, gave President Donald Trump’s campaign $30 million in 2016. They followed that by contributing $100 million to the Republican Party for the 2018 midterm elections.

Adelson is Las Vegas Sands’ largest shareholder and regularly participates in the company’s earnings calls, but was absent when it reported results on Jan. 23. Sands President Robert Goldstein said at the time that Adelson was “a little bit under the weather.”

“We met with him yesterday,” Goldstein said of Adelson during the January call. “He’s taking some medications making him a bit drowsy, so he decided this morning to take a rain check on this one.”

Adelson was expected to testify in the case brought by Hong Kong businessman Richard Suen and his company, Round Square Co. He testified in 2013 and 2008 in the case’s two previous trials.

Suen has been seeking compensation because he said he helped Sands secure business in the Chinese gambling enclave of Macau. Sands has argued Suen didn’t help get crucial approval to build casinos in Macau and deserves nothing.

Related Content

Seminole Hard Rock Hotel & Casino Tampa Unveils New $2 Million Dragon Link™ Slot

Seminole Hard Rock Hotel & Casino Tampa Unveils New $2 Million Dragon Link™ Slot

The Dragon Link franchise continues to rank among the most popular slot brands on casino floors worldwide....and there's a good reason for that.
Rare Albino Alligator Sisters to Make This Marksville Louisiana Casino Their New Home

Rare Albino Alligator Sisters to Make This Marksville Louisiana Casino Their New Home

Native American tribes consider albino alligators extraordinary beings that are often associated with spirituality, renewal and the importance of respecting the natural world.
Thunder Valley Casino Resort in Lincoln, California Pays Out $605K and  $1.1 million Jackpots This Week

Thunder Valley Casino Resort in Lincoln, California Pays Out $605K and $1.1 million Jackpots This Week

One player won a $605K payout on a Monopoly slot machine on July 13. The jackpot was hit “on a single spin.”
slot machines in a row

From Point-and-Click to Spin-and-Win: How Storytelling Found Its Way Into Online Slots

If you play point-and-click games, you probably know the routine. You enter a room and start testing everything: the painting, the drawer, the scrap of paper on the desk. Most of it may lead nowhere, but you click anyway.