News: Sheldon Adelson passes away
The casino mogul and long time opponent of online poker passed away yesterday aged 87.
Las Vegas Sands Corp founder Sheldon Adelson has died aged 87. It was reported last week that he was taking a leave of absence from his work to resume treatment for non-Hodgkin’s Lymphoma, but passed away this week from complications related to that treatment.
The billionaire was an entrepreneur from an early age and purchased the Sands Hotel and Casino in the 1980s. He opened the Venetian in 1999 which has one of the most popular poker rooms in the world.
You won’t see a great deal of sympathy this week from the poker community upon hearing this news. Despite being in the casino industry Adelson was one of online poker’s biggest opponents.
Via his Coalition to Stop Internet Gambling he lobbied congress to restore the Wire Act that would make gambling over a phone line (which in this context online poker is an example of). He was unsuccessful and his critics felt that this attempt to ban online poker was simply a rouze to get poker players in his bricks and mortar venues instead.
Adelson also divided opinion politically being one of the Republican parties biggest donors as well as donating money to the Trump campaign.