Adelson Mother Jones profile trial Macao Previews Of The Century - Live From Las Vegas

Sands China demand deposed president, Steve Jacobs for unfair dismissal against the parent company of Las Vegas Sands and its founder Sheldon Adelson promises to air a pile of dirty clothes Macao. Pretrial revelations have already caused US probes on LVS transactions in the world capital of gambling. Investigative journalist Matt Isaacs preview the trial, which will begin in Las Vegas in June, as a framework for Sheldon Adelson article Betting it all in the March / April Mother Jones. I have had run-ins with both Adelson and Isaacs.

At the press conference Sands Cotai Central Opening in April 2012, I asked executives met LVS if lamenting withdrawing the project due to the global economic crisis of 2008 while construction continues Singapore Marina Bay Sands. In Macao, continuing Marina Bay Sands, while the suspension of the Cotai project $ 4.4 billion, just as the city faced its first tough economic times since the liberalization of the game, generated persistent ill will. Moreover, while Marina Bay Sands opened in 2010, it became almost instantly most profitable casino in the world, was already clear by 2012 that the gaming potential of Singapore growth was limited, while Macao was booming .

LVS then President Michael Leven said Sands Marina Bay had been financed in advance while the project was funded by Macao stages and when credit markets dried up, there was no money to continue. As I was taking notes, Adelson spoke.

"I've read what you've written, Muhammad, and it is not true," he said. "We do not take money from Macau to Singapore. Not one pataca, not a single penny went from here to Las Vegas, or from here to Singapore."

Fair enough, except that I have never written that. No hard feelings I report on Macau by the suspension of Sands Cotai Central, but I never said anything about LVS channel cents or Macao patacas to other projects. In any case, the language of Adelson mooring generated15 minutes of fame among those gathered. Edward Tracy, president of Sands China at that time, gave me a fist-bump, adding. "At least he knows your name"

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