Sheldon Adelson to Expand Global Empire

Sheldon Adelson, the billionaire head of the Las Vegas Sands Corporation, made an appearance in Asia recently to ask the government of Singapore for additional land in order to expand his casino resort there by roughly 60%, the Jewish Business News has reported. The plans Mr. Adelson laid out include making space for an additional 1,500 rooms at the Marina Bay Sands, which currently has about 2,500 rooms. Extra space was also requested for meeting rooms, exhibitions and ballrooms.

According to the Jewish Business News, Sheldon Adelson said “we need more rooms,” and added that the hotel is “running at 100% occupancy; on a very bad day it’s 98%. No other hotel in the world runs like this except some in Vegas.” The Marina Bay Sands resort, valued at $6 billion, opened four years ago when the Singapore government first permitted gambling in the region. Adelson reportedly noted out the resort “has been a catalyst for enormous tourism growth.”

As it stands, the Marina Bay Sands has became a favorite among the Asian gambling market, as the hotel currently features more than one million square feet of meeting and convention space, along with two theaters for Broadway shows. This hotel, along with the two Sheldon Adelson owned operations in Macau have placed Adelson at the top of the Asian casino market. Las Vegas Sands had previously announced it’s willingness to spend $10 billion in Japan as well, provided the nation would open up to gambling, which it currently does not welcome.

Also recently, the Poker Players Alliance, which the Jewish Business News explained is an American national organization of poker players, is strongly in favor of online gambling. The alliance recently announced that as the United States will soon see the “ introduction of renewed federal anti-online gambling legislation in the United States.”

This story originally appeared on the Jewish Voice website.