After three months of speculation that Sheldon Adelson might back out of the Raiders’ stadium deal in Las Vegas, the casino billionaire finally made the move Monday and officially cut all ties with the team. In a statement to the Las Vegas Review-Journal, Adelson said that his family “will no longer be involved in any facet of the stadium discussion.” In October, Adelson had threatened to pull out of the deal because he didn’t like the terms that the Raiders were offering. “They want so much,” Adelson said at the time. “So I told my people, ‘Tell them I could…

Billionaire Sheldon Adelson’s casino company is paying almost $7 million to U.S. authorities to end a more than five-year corrupt practices investigation of the firm’s former relationship with a consultant in Macao and China, company and federal officials said Thursday. With the agreement, Las Vegas Sands Corp. resolved twin probes of more than $60 million paid to an unnamed agent retained in 2006 to acquire a Chinese basketball team, plus other business dealings that include a Beijing real estate deal to promote casinos on the Cotai Strip of Macao, U.S. Justice Department and FBI officials said. The $6.96 million penalty…

This Week in Gambling: It will not be a very Merry Christmas for billionaire hypocrite Sheldon Adelson. He has literally spent millions of dollars in an effort to promote his Restoration of Americas Wire Act (RAWA), his self-serving agenda to ban online gambling thinly disguised as legislation. The Poker Players Alliance (PPA) is now reporting that the U.S.Senate has passed their final bill of 2016 without any RAWA verbiage included. The bill was a government spending bill, which will fund operations well into next year. The House of Representatives passed this bill earlier, also without the inclusion of RAWA, and…

The latest threat to online gambling in the United States have a familiar, bitter root: Sheldon Adelson. After the failure of his Restoration of America’s Wire Act (RAWA) failed, he has spend a lot of money to bring it back at Senate Bill 3376. This week’s special offer is from Go Wild Casino!

Sheldon Adelson is a Republican “mega donor” and hates online gambling. On the surface, there’s nothing necessarily unusual about his donation, made public this month, of $20 million to a GOP super PAC called the Senate Leadership Fund. His recent donation of $25 million to the Trump campaign makes him the biggest donor of either party of the 2016 election cycle, even if it was short of the $100 million he initially pledged. Over the years he has contributed well over nine figures to Republican causes. But eyebrows were raised at the Washington Post this week by the timing of…

The Restoration of America’s Wire Act (RAWA) is back, courtesy of United States Senator and failed presidential candidate Lindsey Graham. Since quitting the campaign, backing other failed candidates, and refusing to back the Republican’s presumptive nominee, Donald Trump, Graham is ready to return to the work of the people. Well, at least to the work of big-money political donor Sheldon Adelson. Numerous attempts to ban online gambling by way of a federal law have failed, but Adelson – errr, Graham – is not giving up yet. He has added some of the RAWA language to the most recent Senate Appropriations…