Tag: Sheldon Adelson online gambling
Sheldon Adelson’s futile war on online gambling
The Hill – Billionaire casino magnate Sheldon Adelson is not known for modesty. So it was fitting the recent announcement of his plans to push for a federal online gambling ban is making headlines. Adelson, who said his “moral standards” compelled him to act, is launching an advocacy group, the Coalition To Stop Internet Gambling, to portray the activity as a threat to vulnerable populations such as low-income players and minors. Not only is he wrong, but his proposed ban would cause harm to the very groups he claims to want to protect. Legalization of US online gambling is gaining…
Poker Players, Outraged, Target CEO Sheldon Adelson
From ABC News Online gambling isn’t just bad, it’s dangerous and immoral: So argues Sheldon Adelson, CEO of the biggest gaming company in the world. “Click your mouse and lose your house,” warns Adelson, Chairman and CEO of the Las Vegas Sands Corp. His views, expressed in an op-ed for Forbes, have not endeared him to fans of online poker, thousands of who now are trying to organize a boycott of the sumptuous poker room (59 tables, 14,000-sq. ft.) of Adelson’s The Venetian casino and resort. “As an industry leader, and more importantly as a father, grandfather, citizen and patriot…