Tag Archives: richard suen
- Las Vegas Sands Q2 profit falls 32%, but posts first mass gain in two years
July 26, 2016
Casino operator Las Vegas Sands had a mixed Q2, as its profit fell nearly one-third while posting its first Macau mass market gains in nearly two years. Figures released Monday showed revenue falling 9.3% to $2.65b, operating income off 25% to $518.7m and net income slumping 32.2% to $394.4m in...
- Ex-Macau partner pushes through with $5B lawsuit against Las Vegas Sands
April 4, 2016
Las Vegas Sands is prepping for another round of court battle, this time courtesy of a former Macau joint venture partner. Two years ago, Taiwanese businessman Shi Sheng Hao aka Marshall Hao and his company Asian American Entertainment (AAE) filed a lawsuit in the U.S. District Court in Nevada accusing...
- Nevada’s high court throws out $70M verdict over Sands’ Macau permit
March 14, 2016
Sands Corp. is getting a new trial in the case filed by Hong Kong businessman Richard Suen. This was after the Las Vegas-based casino operator persuaded the Nevada Supreme Court to overturn a 2013 jury verdict that ordered Sands to pay $70 million to Suen, who claimed to have helped...
- Adelson loses libel suit against Jewish Dems; EuroVegas may get a (smoke) break
October 2, 2013
Casino boss Sheldon Adelson has lost the $60m libel lawsuit he filed against a political organization for repeating allegations that he condoned a prostitution ring at Las Vegas Sands’ Macau casinos. In August 2012, noted Republican party backer Adelson sued the National Jewish Democratic Council (NJDC) for reprinting the allegations,...
- Richard Suen scores another victory over Sands in Vegas court
August 2, 2013
Las Vegas Sands keeps swinging at a chance to belt its Richard Suen problem out of the park and yet it just keeps on striking out. The Vegas-based casino operator once again found itself on the short end of the stick after Clark County District Judge Rob Bare denied its...
- Las Vegas Sands asks Nevada state court to cancel Suen payment
June 11, 2013
Las Vegas Sands Corp. seems to be hell bent on not giving a penny to Hong Kong businessman Richard Suen. That much was made evident after the casino operator asked a Nevada state court to cancel the $101.6 million Sands was obligated by a Las Vegas judge to pay Suen....
8 Chinese Gambling Superstitions
March 12, 2014
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Sheldon Adelson loses $622m, likely under the sofa cushions
March 22, 2017
Macau night spots to hit when you’re not gambling
April 2, 2014