Casino mogul Sheldon Adelson to face crime accusations in court
A judge in Las Vegas has decided that a lawsuit involving accusations of graft and organized crime ties to Sheldon Adelson, casino mogul and Republican Party funder, would stay in the US state of Nevada.
Clark County District Court Judge Elizabeth Gonzalez ruled Friday afternoon that a wrongful termination case against Adelson, filed by a former chief executive of his lucrative casinos in the Chinese enclave of Macau, would be heard in Nevada largely because of the influence the tycoon wielded on the company.
“Adelson and (Las Vegas Sands') control over (Sands China) goes far beyond the ordinary relationship of parent and subsidiary,” Gonzalez wrote. “Ultimately, Adelson made all the decisions, big and little, when it came to Sands China,” she said.
Steven Jacobs alleges in his lawsuit that Sands China wrongfully fired him in 2010 as the CEO of the company.
Jacobs accuses Sands China, Las Vegas Sands Corp., Adelson and other executives of a number of wrongdoings, including the use of a well-known crime figure to bring in wealthy gamblers peddling with Chinese officials.
Adelson, the current CEO of China Sands, tried to distance himself from the company at the time in question, saying he was several thousand miles away.
The lawsuit could potentially have significant implications for Adelson and his casinos because evidence of ties to organized crime could cost them their gaming licenses.
The multibillionaire casino magnate donated close to $100 million to GOP to conservative groups supporting GOP candidates in the 2012 election cycle.
HRJ/HRJ
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