{"id":702,"date":"2019-03-04T03:55:39","date_gmt":"2019-03-04T08:55:39","guid":{"rendered":"https:\/\/www.pennsylvaniacasinos.com\/news\/?p=702"},"modified":"2019-03-04T03:55:39","modified_gmt":"2019-03-04T08:55:39","slug":"sheldon-adelsons-health-deteriorates-reports-confirm","status":"publish","type":"post","link":"https:\/\/www.pennsylvaniacasinos.com\/news\/sheldon-adelsons-health-deteriorates-reports-confirm\/","title":{"rendered":"Sheldon Adelson&#8217;s Health Deteriorates Reports Confirm"},"content":{"rendered":"\n<p>One of the most controversial figures of the casino\nindustry, <strong>Sheldon Adelson<\/strong>, has been\nadmitted for cancer treatment, a publication forwarded by <strong>Nevada Independent<\/strong> revealed on <strong>Thursday<\/strong>.\nMr. Adelson&#8217;s deteriorating health has been reason of concern both for his\nclosest allies as well as investors looking into the Las Vegas Sands casino\nfacilities.<\/p>\n\n\n\n<p>Mr. Adelson is certainly one of the most hated people in the\nindustry. He is the man behind the latest <a href=\"https:\/\/www.pennsylvaniacasinos.com\/news\/news\/doj-decision-can-be-fought-in-pa\/\">Wire\nAct Opinion<\/a> issued by the Department of Justice at the beginning of\nthis year. And yes, while Mr. Adelson&#8217;s out-of-the-picture would benefit many\npeople in the pro-gaming lobby, he is still a noteworthy entrepreneur who has\nremained faithful to his ideals.<\/p>\n\n\n\n<p>Based on <a href=\"https:\/\/thenevadaindependent.com\/article\/sheldon-adelsons-health-in-question-ahead-of-court-hearing\">the\npublication in the Nevada Independent<\/a>, Mr. Adelson&#8217;s health has been\nrapidly declining. The statement was made during a court hearing <strong>at the Clark County District<\/strong> <strong>Court<\/strong>. Mr. Adelson is summoned as a\ndefendant in the case against <strong>Richard\nSuen<\/strong>. <\/p>\n\n\n\n<p>The saga between the Sands, owned by Mr. Adelson, and Mr.\nSuen has been going for 15 years now. Back in the day, Mr. Suen helped Mr.\nAdelson&#8217;s to expand in one of the now hottest hubs of gambling, Macau, but he\nwas not remunerated adequately for his efforts, he alleged. Addressing the\ncourt, Mr. Adelson&#8217; attorney had to excuse his client for not attending,\nspecifying that he was undergoing cancer treatment.<\/p>\n\n\n\n<p>Mr. Adelson missed another important development of the\nrecent past, failing to preside over the Sands&#8217; Q4 earnings call. Mr. Adelson\nhas not been attending company business in person since at least December, his\nlegal team specified. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"adelsons-worsening-health\">Adelson&#8217;s Worsening Health <\/h2>\n\n\n\n<p>Mr. Adelson&#8217;s health problems were also <a href=\"http:\/\/fortune.com\/2019\/03\/01\/sheldon-adelson-cancer-treatment\/\">confirmed by Ron Reese<\/a> who addressed third-parties in an official statement, explaining that Mr. Adelson&#8217;s drugs have caused a number of sides effects, which have in turn made him unavailable:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>These side effects have restricted his availability to travel or keep regular office hours. They have not, however, prevented him from fulfilling his duties as chairman and CEO. <\/p><\/blockquote>\n\n\n\n<p>Mr. Suen&#8217;s lawyers didn&#8217;t back done in the face of this new\nevidence, explaining that Mr. Adelson was obliged to attend. They further\nexplained that should Mr. Adelson be as sick as already specified, then the\ncompany will have to notify the U.S. Securities and Exchange Commission (SEC). <\/p>\n\n\n\n<p>Even before his latest health problems, though, Mr. Adelson\nhas long been avoiding court proceedings, which has landed him in hot water\nwith certain members of the judiciary. Nevertheless, the latest problems Mr.\nAdelson&#8217;s facing are of more serious nature.<\/p>\n\n\n\n<p>Despite his gunk-ho approach towards online gaming and his\nlobbyism, we wish that Mr. Adelson would be able to recuperate well.<\/p>\n","protected":false},"excerpt":{"rendered":"One of the most controversial figures of the casino industry, Sheldon Adelson, has been admitted for cancer treatment, a publication forwarded by Nevada Independent revealed on Thursday. Mr. Adelson&#8217;s deteriorating health has been reason of concern both for his closest allies as well as investors looking into the Las Vegas Sands casino facilities. Mr. Adelson [&hellip;]","protected":false},"author":2,"featured_media":703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[20,104],"class_list":["post-702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-casino","tag-sheldon-adelson"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sheldon Adelson&#039;s Health Deteriorates Reports Confirm - PennsylvaniaCasinos.com News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pennsylvaniacasinos.com\/news\/sheldon-adelsons-health-deteriorates-reports-confirm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sheldon Adelson&#039;s Health Deteriorates Reports Confirm - PennsylvaniaCasinos.com News\" \/>\n<meta property=\"og:description\" content=\"One of the most controversial figures of the casino industry, Sheldon Adelson, has been admitted for cancer treatment, a publication forwarded by Nevada Independent revealed on Thursday. 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