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Adelson Will Face Accuser’s Lawyers

Gambling billionaire Sheldon Adelson will face the music this week in a pre-trial hearing regarding a former executive of Adelson's Sands Macau resort, who sued because he felt he was illegally fired for reporting money-laundering activity.

A judge ruled that Adelson will have to face questioning by the lawyers of Steven Jacobs, who served as the CEO of the Macau branch of the Las Vegas Sands group. The billionaire will have to face questions for up to 49 hours to answer questions directly related to the case.

While the judge has ordered the testimony, Adelson's team is not going quietly, as they are appealing the ruling to the Nevada Supreme Court in an attempt to get the man off the hook.

Jacobs is suing Adelson and Sands for wrongful termination, after he declined several large transactions that were suspicious because of money-laundering concerns. Adelson claims that Jacobs was fired for incompetency.

Casino Listings will update this story as more developments arise.

1 reply • Last post


Fortune HunterFortune Hunter
sharpe's picture
Location: Sofia, Bulgaria
Joined: 4 Nov 2014
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23 February 2016 - 11:13pm

There's a lot of scandals around Sheldon Anderson name in the last years and it's quite strange for me that he isn't all ready in jail, maybe he won't be so lucky this time. The acquisitions sounds seriously so I'm curious what is going to happen in the court.

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