Sheldon Adelson has been against the legalization of online poker in the US. He said that he is doing it to protect minors. However, most sportsbook reviews and news sites know that Adelson was doing it to protect his interests. At present, there are rumors that he will sell Las Vegas Sands and will retire soon after.
Adelson is a major supporter of Donald Trump’s presidential run in 2016. His political donations dated back to UIGEA 2006, when poker in the US started its disintegration. His company, Las Vegas Sands Corporation, owns Palazzo and Venetian. They also own Sands Expo Convention Center on the Vegas Strip. Their assets are worth around $6 billion.
However, the sale is just a rumor. It would be an exit of the most hated man by the poker community when that happens. According to a sports betting blog, Adelson’s crusade against online poker angered the community. Although most land-based casinos don’t like online gambling, they haven’t lobbied against web-based platforms as much as Adelson.
