The Nevada Gaming Control Board jumps onto the Las Vegas Sands (LVS) investigation bandwagon,...

The Nevada Gaming Control Board jumps onto the Las Vegas Sands (LVS) investigation bandwagon, Reuters reports, with the regulator looking at whether the company broke bribery laws in its dealings in mainland China. Nevada, which joins the SEC and DOJ in probing LVS, could theoretically revoke the company's casino license, although matters rarely get that far.

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Comments (6)
  • nuatthis
    , contributor
    Comments (60) | Send Message
    Adelson has got to go. The Board needs to remove him and send him out to pasture untul after the elections or forever. He can keep his stock and watch the company's progress from some distant perch, like Jerusalem.
    14 Aug 2012, 07:55 AM Reply Like
  • lazzybum
    , contributor
    Comments (99) | Send Message
    It is his company. If you can handle the heat, get out of the kitchen.
    14 Aug 2012, 10:08 AM Reply Like
  • No. 1 Trader
    , contributor
    Comments (69) | Send Message
    Exactly! It is his company. We share in the ups and downs. Although I wonder on the timing of all these investigations after he contributed so much cash to the Romney campaign. My other concern is that China is a Communist Country. They gladly allowed LVS and other gaming companies to build in Macau. What if now that they are built the Chinese decide they have paid bribes (customary for doing business there) and the penalty is the loss of their gaming license? You know the Chinese like to take in the money and play with their currency valuations and hate to see outflows especially in the BILLIONS!
    14 Aug 2012, 11:28 AM Reply Like
    , contributor
    Comments (80) | Send Message
    This is why we need to be careful doing business in China. That said, it is repulsive that the administration is all of the sudden investigating after the Chairman promises to donate $100 million to the Romney camp. Why don't they investigate Soros or Buffett???
    14 Aug 2012, 02:01 PM Reply Like
  • sailor27
    , contributor
    Comments (6) | Send Message
    Do you think Harry Reid just might have something to do with this?
    14 Aug 2012, 02:14 PM Reply Like
    , contributor
    Comments (80) | Send Message
    Great point! His area!!! Why are you the first to ever bring this out???
    14 Aug 2012, 03:53 PM Reply Like
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