The Health of One of GOP's Biggest Donors Is 'Dire'

Casino magnate and Netanyahu backer Adelson has cancer, in 'dire' health

Casino magnate and Netanyahu backer Adelson has cancer, in 'dire' health

Las Vegas Sands Corporation has confirmed media reports regarding the ill-health of casino mogul Sheldon Adelson, which have appeared across a number of news outlets. Las Vegas Sands' current Macau gaming rights are due to expire in 2022.

Bloomberg reported that Mr Adelson had for some time suffered from a condition called peripheral neuropathy, that makes it hard for him to walk.

"These side effects have restricted his availability to travel or keep regular office hours", Reese was quoted by Bloomberg.

Adelson, typically a regular on company conference calls, missed one on January 23. Sands President Robert Goldstein said at the time that Adelson was "a little bit under the weather".

According to statements by Reese to Bloomberg, Mr. Adelson is expected to return to his regular schedule when he has completed his treatment.

Las Vegas Sands runs casinos in the United States, Macau and Singapore.

Adelson is also known for his liberal political donations.

In apparent first, North Korea's Kim responds to question from foreign media
The response marked the first time the 35-year-old dictator has ever been known to reply to a question from a foreign journalist. Kim said they had overcome obstacles to meet a second time and praised Trump for his "courageous decision" to begin a dialogue.

In the 2016 campaign, the Adelsons emerged as major financial supporters of Donald Trump's presidential ambitions, donating $20 million to a pro-Trump super PAC. He was the No. 1 contributor to outside spending groups in the last US election, with all of his $122.3 million going to conservatives, according to OpenSecrets.org. His father was a Boston cab driver. Adelson's casino enterprise had a special focus on the convention business.

Adelson's health update was also provided at a court where he had to make a personal appearance.

The judge said Mr Adelson would be exempted from testifying if his doctor gave sworn testimony that his patient was too ill.

Adelson, his wife, Miriam, and trusts for the benefit of their children own 55 percent of Sands shares.

Adelson, 85, is still dealing with side effects from the medication he's taking for non-Hodgkin's lymphoma, said Ron Reese, the company's spokesman. But Adelson rejects Suen's claim saying that he has not procured any crucial approval to warrant any payment.

Mr Suen's lawyers have pressed for Mr Adelson to testify.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.