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More details emerge from the Macau investigation of Las Vegas Sands (LVS -1.5%): At the center...

More details emerge from the Macau investigation of Las Vegas Sands (LVS -1.5%): At the center of the controversy is businessman Yang Saizin and the tens of millions of dollars that flowed through him to mainland China. Interspliced into the story is missing money and accusations of an overly cozy relationship with organized crime. Though the "business as usual" argument is being thrown around by Las Vegas Sands defenders, personal animosity toward CEO Sandy Adelson from Macau government officials could be stoking the fire.
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Comments (6)
  • FrankRichie
    , contributor
    Comments (12) | Send Message
     
    I tend to think that much of these investigations of LVS are being stoked by the Obama administration in retribution for Mr. Adelson's support for the GOP. This is not the first time for this type of treatment for large GOP donors under Obama's Chicago style politics. We'll see how this type of dirty politics pans out. I agree with others with respect to LVS's treatment - that it won't pan out for the DEM's dirty political machine.

     

    I own some LVS stock and support the Romney, Ryan ticket.
    13 Aug 2012, 01:49 PM Reply Like
  • DOK12
    , contributor
    Comments (14) | Send Message
     
    I agree FrankRichie. Another example of Obama being the bully and throwing his weight around. This was the guy of "Hope and Change". What happened to that person? Still waiting to see him on C-Span!!!! Sold LVS last month before this BS came out. Was in Las Vegas 6 weeks ago and the town was pretty quiet.... Will wait out the election and then when Romney/Ryan win I will be back in with LVS.
    13 Aug 2012, 03:29 PM Reply Like
  • nuatthis
    , contributor
    Comments (57) | Send Message
     
    Where did the article's "personal animosity" angle come from? That's a first, and it appears to be far-fetched, based on the hstory of LVS in Macau. Adelson is not lovable and his screaming political involvement is ill advised. Given how political gaming is, especially if LVS wants to be in Japan and Korea, LVS should sideline Adelson immediately, since he is more of a liability than an asset in this silly poilitical season.
    13 Aug 2012, 03:34 PM Reply Like
  • Hendershott
    , contributor
    Comments (1619) | Send Message
     
    I tend to think Edelson is trying to buy political influence.
    13 Aug 2012, 04:27 PM Reply Like
  • eschweinsb
    , contributor
    Comments (11) | Send Message
     
    Mr. Adelson is the majority stockholder, owning over 51% of the company, I believe. I don't think he is going anywhere. BUT, I am tired of hearing about investigations by the US Justice Dept. and others that always seem to involve him. He either needs to take the company private, or act in a manor that respects the investment of other stock holders, who always lose value with each investigation announcement. Yes, he should be able to support whichever presidential candidate he wants, however, this "out there" support of Mitt Romney has hurt the stock, and therefore the bottom line of outsiders holding his company's stock.
    I'm not sure who Steve Wynn is supporting in this election year, are you. That is my point. Wynn stock hit a low of about $15/$16 in the financial crisis. It went from there to $139, I believe, and has hit up there again. LVS has gone to $62. Wynn stock, and the company, seems to get a lot more respect. Why is that?
    13 Aug 2012, 05:31 PM Reply Like
  • sailor27
    , contributor
    Comments (6) | Send Message
     
    Adelson has the guts to openly back the Party that can save us from total disaster. This is pure & simple retribution from the Demo's.
    13 Aug 2012, 05:33 PM Reply Like
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