Sheldon Adelson’s Sands Casino Resort Bethlehem has filed a petition to conduct casino-style online gambling in Pennsylvania — but they’re really just inquiring for a friend. Specifically, a cash-flush friend from Alabama in the process of buying the Bethlehem casino for $1.3 billion. As part of its agreement to sell the Sands Bethlehem casino to Wind Creek Hospitality, Las Vegas Sands Corp. is obligated to pursue “in good faith” a certificate to conduct online gambling in Pennsylvania, according to the footnotes of Sands’ petition filed with the state. “Sands submits this petition in the interest of Wind Creek so that,…

Sheldon Adelson is looking to expand his business with a North Korean casino, the mogul himself said during a recent event in Jerusalem. Mr. Adelson, whose net worth is believed to total $43.4 billion as of June 2018, is the founder, Chairman, and CEO of Las Vegas-based gaming and hospitality giant Las Vegas Sands Corp. The company operates multiple integrated resort properties in Las Vegas, Macau, and Singapore, and is eyeing expansion across new markets… perhaps even a North Korean casino property. The billionaire family were among the guests at Birthright’s event in Jerusalem. Sheldon Adelson began his speech before…

Las Vegas Sands Corp. has reached a definitive agreement to sell its Sands Bethlehem casino to an American Indian tribe from Alabama. It’s a move that would unload arguably Pennsylvania’s most successful casino — and one of the Lehigh Valley’s largest employment hubs — to a little-known, yet cash-flush, group looking to grow. Wind Creek Hospitality, a privately held affiliate of the Poarch Band of Creek Indians of Alabama, is acquiring the property for a total enterprise value — market capitalization plus debt — of $1.3 billion, representing one of the largest sales in the Lehigh Valley’s history. The 159,000-square-foot…

Las Vegas Sands Corp said in a statement issued on Monday evening that the group’s 84-year-old chairman Sheldon Adelson (pictured in a file photo) had been forced to miss the Venetian Macao’s 10th anniversary celebration that night following a fall. Ron Reese, senior vice president of global communications, said in a statement sent to GGRAsia: “Las Vegas Sands chairman Sheldon G. Adelson fractured three ribs during a ferry ride from Macau to Hong Kong.” It added: “Mr Adelson has been receiving treatment for the injury and is expected to make a full recovery. “He was not able to participate in…

This week in gambling, we’re looking at Sheldon Adelson’s failed crusade against online gambling. This includes states pursuing i-gaming regulations and his competition launching real money gambling websites. Plus, we’ve not even mentioned his hypocrisy and internal problems! This week’s special offer is from Casino City!

Vice President Mike Pence will sit down with Sheldon Adelson behind closed doors on Friday, a meeting that cements the Republican billionaire’s place as a key adviser to the new administration. Pence, who is speaking to the Republican Jewish Coalition that meets at Adelson’s hotel and casino in Las Vegas, The Venetian, will chat formally with Adelson just before he addresses the entire RJC on Friday evening, according to a source with knowledge of the meeting. Adelson, who disclosed nearly $80 million in donations to conservative groups in the 2016 cycle, is the country’s most prolific Republican donor, and he…