Investing.com investing.com 12 Jan, 2021 14:30 am

Sheldon Adelson, casino mogul who made big bets on Trump and Netanyahu, dies at 87 By Reuters

Sheldon Adelson, casino mogul who made big bets on Trump and Netanyahu, dies at 87 By Reuters
Sheldon Adelson, casino mogul who made big bets on Trump and Netanyahu, dies at 87

FILE PHOTO: Las Vegas Sands Corp Chairman and Chief Executive Sheldon Adelson attends a news conference on the opening of Parisian Macao in Macau p (Reuters) - American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world's richest men and became a potent supporter of U.Adelson, who headed the world's largest casino company, Las Vegas Sands (NYSE: LVS ), died Monday night from complications related to treatment for non-Hodgkins lymphoma, Las Vegas Sands said in a statement on Tuesday.A combative self-made man raised in a poor Jewish immigrant family in Boston, Adelson established hotels and casinos in Las Vegas, Macau and Singapore."I know that a lot of people think that guys like me succeed by stepping on the broken backs of employees and other people, but they don't understand that we, too, have philosophies and ideals that we adhere to very scrupulously," he said at a Las Vegas event in 2008, according to the New Yorker magazine.

His empire in the United States, Macau and Singapore was exemplified by the Venetian resort casino in Las Vegas, which boasted replicas of landmarks from Venice, Italy, like canals, the Rialto Bridge and the bell tower of St.Trump won his first major newspaper endorsement of the 2016 general election when the Adelson-owned Las Vegas Review Journal supported him.

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