The company revealed the sale of $2 billion in stock in a filing with the Securities and Exchange Commission. Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands, died in 2021 at 87. This publicly traded Las Vegas company built the Venetian and Palazzo resorts but now only has casino operations in Macau and Singapore.
Miriam Adelson is the controlling shareholder of Las Vegas Sands Corp. The casino company, controlled by Miriam Adelson, widow of casino magnate Sheldon Adelson, announced earlier Tuesday it was selling $2 billion of her shares to buy an unspecified professional sports team.
He has been a proponent of legalizing gambling in Texas, an issue that didn't make it out of the state Legislature in a biennial session that ended earlier this year. NBC 5's Candace Sweat was there as fans got word of the blockbuster deal.Ĭuban said almost a year ago, he was interested in partnering with Sands. News of Mark Cuban's plans to sell a majority stake in the Dallas Mavericks broke just before tonight's game at the American Airlines Center.
