Casino tycoon and American political mega-donor Sheldon Gary Adelson died last night following complications related to treatment for non-Hodgkin’s lymphoma. He was 87.
The Macao government said in a statement on Tuesday that it “expresses its deepest sorrow on the passing of Mr Adelson, and extends its most sincere condolences to his family.”
Sheldon Adelson has taken a medical leave of absence from his roles to receive further treatment for non-Hodgkin’s lymphoma.
Sheldon Adelson’s Las Vegas Sands is exploring the sale of its casinos in Las Vegas in a move that would mark the mogul’s exit – for now – from the US gambling industry, according to South China Morning Post (SCMP).
Sands China Ltd. reported a net loss of US$549 million for the fiscal second quarter, according to an announcement made on the Hong Kong Stock Exchange.
Sands Chairman and Chief Executive Officer Sheldon G. Adelson and his wife Miriam have been saddened by the passing of Macao gaming magnate Dr. Stanley Ho Hung Sun last week.
US gaming mogul Sheldon Adelson’s Las Vegas Sands has given up on its US$10 billion casino project in Japan, Fox Business reported on Tuesday.
