Adelson Says ‘Zero’ Contributions Made by Suen to Get Macau License
Testifying for a third day Tuesday, billionaire casino mogul Sheldon Adelson, 79, insisted everything was on the up-and-up in obtaining a license in the gambling Mecca of Macau.
Richard Suen, a one-time business associate, claims that he is owed US$328 million for helping the company win a casino operating license from China back in 2002.
When asked what contributions Suen made in getting the Las Vegas Sands license, Adelson responded “Zero”.
"Everybody thought I was crazy," Adelson said about his plans to build the Venetian Macau, now the biggest casino resort in the world.
This is the second time Suen's claims have gone to trial.
Adelson insisted that Beijing has no involvement in awarding the gaming concessions in 2002. He said it was done through a tender process overseen by the Macau local government.
"There's no interference, there's no influence, there's nothing," Adelson said.
- Aaron Goldstein, Gambling911.com