Las Vegas Sands founder and CEO Adelson dies

Las Vegas Sands founder and CEO Adelson dies

SeattlePI.com

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LAS VEGAS (AP) — Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, has passed away at the age of 87 from complications related to treatment for non-Hodgkin’s Lymphoma , the casino company announced Tuesday.

At one point the third richest man in the world, Adelson brought singing gondoliers to the Las Vegas Strip and went all-in betting Asia would be a bigger jackpot than Sin City.

He was the son of Jewish immigrants, raised with two siblings in a Boston tenement, who over the second half of his life became one of the world’s richest men. The chairman and CEO of the Las Vegas Sands Corporation brought singing gondoliers to the Las Vegas Strip and foresaw correctly that Asia would be an even bigger market. In 2018, Forbes ranked him No. 15 in the U.S., worth an estimated $35.5 billion.

“If you do things differently, success will follow you like a shadow,” he said during a 2014 talk to the gambling industry in Las Vegas.

Blunt yet secretive, the squatly-built Adelson resembled an old-fashioned political boss and stood apart from most American Jews, who for decades have supported Democrats by wide margins. Adelson was considered the nation’s most influential GOP donor over the final years of his life, at times setting records for individual contributions during a given election cycle.

In 2012, Politico called him “the dominant pioneer of the super PAC era.”

Adelson regularly hosted the party’s top strategists and most ambitious candidates at his modest office, wedged among the casinos on the Strip. Throughout, he helped ensure that uncritical support of Israel became a pillar of the GOP platform, never more visibly demonstrated than when the Trump administration relocated the U.S. embassy from Tel Aviv to Jerusalem in 2018.

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