CEO of Las Vegas Sands Opposes Online PokerPublished on December 8th, 2011 3:10 am EST
A number of big names, including Gary Loveman (CEO of Caesars Entertainment Corp.), the Fertitta Brothers (Station Casinos, UFC) and Donald Trump, have been vocal in their support for legalized and regulated online poker in the United States.
Unfortunately for online poker players in the United States, a very big name has revealed that he is opposed to online poker in the United States. That name is Sheldon Adelson.
Sheldon Adelson is, according to the Washington Post, the “world’s richest casino executive and chief of the industry’s largest publicly traded company”, which is the Las Vegas Sands. Las Vegas Sands owns a number of different casino properties including the Venetian and the Palazzo.
Adelson is certainly an influential name, and certainly somebody that the online poker industry would want to be backing an online poker bill in the United States.
So why is Adelson opposed to online poker?
According to the Washington Post, Adelson doesn’t believe that the technology is in place to properly prevent underage people from playing with real money. This is apparently a “personal observation”, but one that hurts the movement to secure an online poker bill in the United States nonetheless.
Source: Washington Post
Filed Under: Poker Legal Issues