David Fickling, Columnist

Sheldon Adelson’s Last Roll of the Dice May Be His Boldest

Selling his Nevada casinos would mean doubling down on an uncertain future in Asia.

October 27, 2020 at 4:45 AM UTC

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

P-p-p-poker face, p-p-poker face.
Photographer: Anthony Kwan/Bloomberg

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No one ever said that the casino industry didn’t involve risky bets.

Sheldon Adelson, the billionaire founder of Las Vegas Sands Corp., is considering a $6 billion sale of the Nevada casinos that made his fortune, people familiar with the matter told Gillian Tan and Christopher Palmeri of Bloomberg News.