Who is ‘Sheldon Adelson’?
Sheldon Adelson is an American businessman with interests in the casino industry – most notably, he is the owner of the Las Vegas Sands Corporation and The Venetian Resort Hotel Casino. His company owns casinos around the world and he has played a prominent role in the gambling industry in America since the 1980s – most notably through his political campaigning.
‘Sheldon Adelson’ Explained
Sheldon Adelson was born in Boston in 1933 and he entered the world of business aged just 12, after receiving a small loan from his uncle. Adelson went on to purchase the famed Sands Hotel and Casino, which was eventually remodelled as the Venetian Resort Hotel Casino – under which name it still operates today. The Sands Expo and Convention Center was soon established to support the casino’s existing services and broaden its appeal by attracting business executives. The Sands Expo and Convention Center is still listed as the world’s largest privately owned convention centre today.
Adelson has also established a number of casinos and resorts worldwide, under the Sands and Venetian brands. This includes casino venues in Macau and Singapore. These businesses have partner resorts which attract large numbers of tourists, and which have amassed a $32.2 billion total fortune for Adelson. In the United States, Adelson’s brand is responsible for The Palazzo in Vegas and also the Sands Casino Resort Bethlehem in Pennsylvania.
Away from his life as a casino operator, Adelson is also an outspoken political commentator and campaigner who has made many large contributions to the Republican party and who supported Donald Trump as a candidate in the recent presidential election. Adelson has spoken out about the online gambling industry, claiming it is damaging to the land based casino and cutting out a big part of casino culture – the venues and the entertainment.