trending / - - - - - - - - -

trending / playstation 4 - ni no kuni - halo - wii u - bungie interview - ces top picks - radeon hd 7850 - woods pga tour

Sands CEO Blasts Online Gaming

/ Jun 25th, 2013 No Comments


In what has to be one of the most controversial things said in a long time in the gaming industry, Las Vegas Sands Corporation CEO Sheldon Adelson laid out a whopper on last week. In the article, he presented opinions regarding online gaming in the United States, calling the activity “Fool’s Gold” and expressed his wishes that the US Congress kill the activity immediately. Attacking the growing momentum of legalizing online poker in the USA, Adelman called for an update of the Federal Wire Act to including online gaming.

From the category of “Do as I Say Not as I Do” the casino mogul called gambling online a “societal train-wreck waiting to happen” even though, in Adelson’s opinion, the activity would have no effect on his company at all. Decidedly altruistic, he stated that he’s just looking out for the little guys in the industry, like Native American and racetrack casinos. His take is that when gambling is available in the internet, it becomes available in every bedroom, dorm-room and office in the world with no way to regulate it or deter underage would-be gamers.

Needless to say the outrage in the poker community has been understandably considerable. Calling Adelson out as a “1%er” has been the norm with many pointing out the obvious hypocrisy of gambling corporation CEO calling out another form of gambling as a societal train-wreck. What makes Adelson’s comments all the more interesting is that the billionaire is widely rumored to have donated over $100 million in campaign contributions to various GOP candidates, including Mitt Romney (who didn’t win).

Many in the industry are organizing boycotts of any Sands owned poker rooms, such as The Venetian, or even going so far as to refuse any of those properties any of their business, be it for lodging, food, or shopping.

The Venetian, one of the most popular destinations for poker players in Las Vegas, has been getting shredded on Facebook and Twitter. Normally the social media outlets are there to announce promotions and instead have had to deal with a PR disaster.

Will Fairway

Will Fairway

Will Fairway is literally the most exciting and electric person to have ever lived, period.

tags: ,

Related Posts


The Current Climate for Real Money Poker in the USA

Jun 26th, 2013No Comments

Real Money Poker in 2013

Options for Real Money Poker in 2013

Feb 2nd, 2013No Comments

WSOP 2011 Main Event

Retrospective: A Year Since Poker’s Black Friday

Apr 30th, 2012No Comments

Interview with Tiffany Michelle

Mar 7th, 2010No Comments

Top Articles

More Free Content Coming to Rory McIlroy PGA Tour Oct 13th, 2015 at 10:00

Bloodborne Game of the Year Edition Coming November Oct 13th, 2015 at 9:15

New Releases: Week of 10/11 Oct 11th, 2015 at 10:00

2K Announces WWE 2K16 DLC Details Oct 7th, 2015 at 12:00

Ubisoft Announces Far Cry Primal Oct 6th, 2015 at 11:31

New Releases: Week of 10/4 Oct 4th, 2015 at 10:00

Square Enix Reveals Hitman Release Plan Sep 29th, 2015 at 12:18

New Releases: Week of 9/27 Sep 27th, 2015 at 10:00

New Releases: Week of 9/20 Sep 20th, 2015 at 5:30

Every Wrestler Announced for WWE 2K16 Sep 15th, 2015 at 9:30