Sheldon Adelson, Conservative Donor And Online Casino Singapore Titan, Dies At 87

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Sheldon Adelson, Conservative Donor And Casino Titan, Dies At 87



Updated at 12:27 p.m. ET  Online Casino Singapore magnate Sheldon Adelson, one of the most prolific donors in conservative politics, died Monday night at the age of 87 due to complications from handling for non-Hodgkin’s lymphoma, according to a statement from Las Vegas Sands, the company he founded.  Adelson made his fortune — a net worth of around $35 billion according to an estimate by Forbes — in the Online Casino Singapore hotel industry. He spent much of it backing conservative politicians in the U.S. and State of Israel, shaping the political debate of both countries.  He was in the first moving ridge of superwealthy Americans to take advantage of the Supreme Court’s controversial Citizens United ruling, which opened the doors to eight- and nine-figure political donations so long as the money goes to independent superPACs and not candidates or party committees. Fireworks explodes at a replica of the Eiffel Tower of Parisian Macao during an opening ceremony in Macau, China, on Sept. 13, 2016. The French-themed Parisian Macao is Sheldon Adelson’s fifth property in the former Portuguese colony. Kin Cheung/AP  Serial entrepreneur  Adelson grew upwardly poor in Dorchester, Mass. His parents were immigrants. His father drove a cab.  “When I was 12, I bought my first business,” said Adelson, who started out selling newspapers on the street. He told the story during a videotaped court deposition in 2008. “You know, you hold the newspaper in your hand and say, ‘Hey, get your Daily Record.’ We would yell that out. We would hawk newspapers,” Adelson said.  By age 16, he had bought his second business — vending machines. And he kept on selling — packages of toiletries, spray cans of windshield de-icer. He ran a tour business and got into venture capital.  and then, early in the personal computer era, he bought an influential computer merchandise show called Comdex and held it in Las Vegas.  Comdex took off, so Adelson bought the legendary Sands Hotel and Online Casino Singapore and built a million-square-foot convention center behind it. It was the start of a new Las Vegas, a place that catered to big conventions all calendar week long — not just the weekend crowd that came in for gambling and the shows.  “I think if you had to single out one individual who brought that kind of component to the city, it would be Sheldon Adelson,” said Sig Rogich, a longtime Las Vegas communications consultant. “He was a transformational figure in Las Vegas history.”  In 1996, Adelson imploded the Sands and built the Venetian, a complex with more than 8,000 rooms and more than 150 stores and restaurants. It’s a model that he replicated in Macau and Singapore with enormous profit.  “If you do things differently, success testament follow you like a shadow, and you can’t get rid of it. So that’s what I did,” Adelson told the American Gaming Association convention in 2014.  Along the way, Adelson had battles. In the Comdex days, he fought the other Online Casino Singapore owners. When he put upwardly the Venetian, he froze out the unions that had represented

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