Sheldon Adelson Does Not Support Online Gambling
Thursday, December 22nd, 2011In somewhat surprising news, Las Vegas Sands Chairman Sheldon Adelson has given his opinion on online casino gambling, and it’s not a good one. He has publicly stated that he completely opposes online poker. Adelson, the richest casino executive in the world, heads the largest publicly traded company in the casino industry (the Sands). Because of his status in the industry, his opinion has a lot of weight.
This isn’t a formal stance by Adelson, but it is rather interesting considering that he has been a supporter of the Republican Party for quite some time. This includes Arizona Senator Jon Kyl who has been a major opponent of online casinos for USA players for a while. Proof of this is in his support of the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006.
A lot of the surprise stems from the fact that Adelson’s personal view is far removed from many others in the casino industry who believe that licensed and regulated online poker should be available in the United States. This is in addition to the fact that earlier in the year, Adelson was said to be in support of online poker at the federal level…

