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Sheldon Adelson, Founder of Las Vegas Sands Corporation, Dies at The Age of 87

2021-01-14
Sheldon Adelson, the billionaire founder of Las Vegas Sands Corporation, has died at the age of 87.
 
There were reports last week that he would take time off to resume cancer treatment for non-Hodgkin’s lymphoma.
 
However, in a statement issued by Las Vegas Sands Corporation, they announced his death "due to treatment-related complications."
 
"He is completely irreplaceable"
Sheldon Adelson
 
Adelson has 6 children, 11 grandchildren, and his wife, Dr. Miriam Adelson, who married in 1991.
 
"I announced with unbearable pain that my husband Sheldon Adelson had passed away due to complications from a long-term illness," his wife said in a brief statement.
 
"For me, he is completely irreplaceable for his children, grandsons, and his army of friends and admirers, employees and colleagues."
 
Adelson was born in Boston in 1933. Raised by immigrant parents Sarah and Arthur Adelson. Adelson has shown commercial talent since he was a child. He has sold newspapers, candy vending machines and cosmetics. Finally found the way into gambling.
 
He bought the Sands Hotel and Casino in the 1980s. After getting inspiration during his honeymoon in 1999, he opened the Venetian Hotel in the same area. In 2004, he listed Sands on the market. According to Forbes, in March 2019, his net worth increased to $35.1 billion.
 
League to Stop online Gambling
 
Adelson's views on online poker have always been clear. He once called online poker "a threat to our society. A toxin that all kind people should resist." He dismissed online gambling and called it "a fool's gold."
 
Proposed anti-poker legislation in 2014. Attempts to ban all forms of online gambling were praised by the "Alliance to Stop Internet Gambling" supported by Adelson.
 
Although the "Restoration of American Electricity Act" (RAWA) died in the committee. But his close ties with South Carolina Senator Lindsey Graham (whether through donations or fundraising activities) led to this legislation being submitted to both houses of the US Senate.

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