Is Sheldon Adelson on His Way Out?

sheldon adelson 44Those of you rooting for the demise of Las Vegas Sands CEO Sheldon Adelson might have finally gotten your wish. On Friday, the Guardian published an article saying that Adelson will soon face graft accusations in a US court of law.

If you have no idea what graft is, we’ll let a dictionary fill you in: “practices, especially bribery, used to secure illicit gains in politics or business; corruption.”

According to the Guardian, the charges stem from allegedly nefarious actions at Adelson’s all-important casinos in Macau and, if prosecutors are successful, could spell the end of his gaming licenses in the US.

The paper explained that the Republican mega-donor could face “difficult questions about his business practices following allegations by a former chief executive of his highly profitable casinos in the Chinese enclave of Macau that a well-known triad crime figure was used to bring in high-rolling gamblers and of influence-peddling with Chinese officials.”

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