Republican Mega Donor Sheldon Adelson Caught Up in ‘Bribe’ Scandal

Written by:
Aaron Goldstein
Published on:
Mar/04/2013
Republican Mega Donor Sheldon Adelson Caught Up in ‘Bribe’ Scandal

Auditors at Las Vegas Sands Corp. admitted Friday "there were likely violations" of the Foreign Corrupt Practices Act barring Americans from bribing foreign officials to secure an advantage.

This disclosure was made in a late afternoon filing with the Securities and Exchange Commission Friday that ultimately leaked out to the media Sunday.

Heading up Las Vegas Sands Corp. is none other than powerful casino magnate and mega Republican donor Sheldon Adelson. 

The allegations are nothing new.  Both the SEC and FBI have been probing the company’s dealings in the world’s largest gambling destination, Macau, for some time.  What is new is the company’s admission to any wrongdoing.

Rachel Maddow of MSNBC writes in her blog:

The impact on the Republican Party, which relied heavily on Adelson's generosity last year, is unclear, but it can't be helpful to have the party's biggest donor caught up in this kind of controversy.

Adelson was just named the 15th richest individual in the world Monday by Forbes Magazine with a net worth of $26.5 million. 

Shares in his company are up 20 percent since the summer despite the ongoing investigation. 

- Aaron Goldstein, Gambling911.com

Lock-Poker-012913.jpg

Business/Financial News

Tricks for Picking The Right Pay Per Head Software

Tricks for Picking The Right Pay Per Head Software

Today there is need to beware of many other counterfeit software in the name of pay per head.

 3 Important Ways Serious Pay Per Head Online Bookie Agents Use Hold Percentage Feature

3 Important Ways Serious Pay Per Head Online Bookie Agents Use Hold Percentage Feature

Are you any online bookie agent? Have you exhausted all pay per head features and can you say with certainty that you know how each works?

Pay Per Head Bookie Outsourcing in Cleveland

Pay Per Head Bookie Outsourcing in Cleveland

It is easy to find a Pay Per Head bookie outsourcing company willing to support the Cleveland area bookie.

Own an Online Sportsbook in Kansas

Own an Online Sportsbook in Kansas

Between these two teams – the Chiefs and the Jayhawks – there is no shortage of Kansas state bettors. 

Free Bookie Software

Free Bookie Software

You can find bookie software for no cost at all courtesy of AcePerHead.com.

Syndicate