Verdict Reached in Las Vegas Sands Case

Submitted by Associated Press on

Written by :

Associated Press

Published on :

LAS VEGAS (Associated Press) — A Las Vegas jury has reached a verdict in a Hong Kong businessman's breach-of-contract lawsuit against the Las Vegas Sands, potentially bringing nine years of litigation to an end.

Richard Suen sued the casino giant run by multibillionaire Sheldon Adelson for $328 million in 2004. He says the company owed him for his help securing a lucrative gambling license in the Chinese territory of Macau, the only place in that country where casino gambling is legal.

Suen says he was hired by the Las Vegas Sands to curry favor with the Chinese government and was successful.

Las Vegas Sands attorneys argued Suen was owed nothing because he didn't make good on his promise to aid company executives in 2000 and 2001.

The Clark County District Court jury deliberated for about two days before reaching a consensus Tuesday. It is expected to be announced soon.

Gambling Companies
Business & Financial
Gambling News

betonline Ace Per Head BetMania 

Betus sportsbetting betphenix skybook 

Related Content

FBI

Maryland Man Under 24-Hour Home Confinement After Threatening PrizePicks Execs Over $50

"if my $50 doesn’t end up back in my bank account before 5pm today, I’m going to drive down to Atlanta, Georgia and kill everyone in the PrizePicks office,” Aaron John Sasser wrote
Evoke

William Hill UK Owner Evoke Weighs $304 Million Takeover Bid From Bally's Intralot

Betting group Evoke (EVOK.L), opens new tab, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally's ​Intralot (BYLOTr.AT), it said on Monday, valuing the debt-laden UK company at ​225.3 million pounds ($303.88 million).
FanDuel

Fanduel Begins Offering Injury Protection Insurance

FanDuel becomes first book to offer the full game injury insurance but some experts in the field suggest it is predatory.
Cha-ching

Sacramento Casino Pays Gambler $142,327 on a $5 Side Bet

German Rangel won the life-changing jackpot while playing Bonus Spin Xtreme Triple Diamond Progressive near the end of his visit to the Elk Grove casino on April 11, the casino said in a Friday news release.