From Business Insider

Sheldon Adelson is the CEO of mega casino company Las Vegas Sands.

You might think that his business would feel threatened if online gambling became legal, and gamblers no longer had to enter his physical casinos.

Thus it’s no surprise that during an interview on BloombergTV, Adelson slammed online gambling as a toxic trainwreck.

Of course, he doesn’t say he’s against online gambling because it will hurt his business. He says it’s all about society and the possibility that gamblers will get too hooked.

“They are not getting wrong. I just had lunch with Steve Wynn. He is not totally against what I am saying. He discussed with me on his the potential impact on his property and my property in Las Vegas because we have two different markets. It really will not affect us one way or the other. I bring this up not because it is a business issue, but because I am citizen of the United States, a veteran of the Korean War, a father, a grandfather I am a patriot and I care about this country… I am not going to stand by knowing what I know, experienced what I experienced and not speak out.”