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Las Vegas Sands Chairman Sheldon Adelson Opposes Legalized Online Poker

Casino Chairman Believes Technology Can't Prevent Underage Gambling

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Sheldon AdelsonAccording to the Las Vegas Review Journal, Las Vegas Sands Chairman Sheldon Adelson is morally opposed to the federal legislation of online poker, and doesn’t believe the proper technology is in place to prevent underage gambling.

Adelson’s personal viewpoint is a stark contrast from that of his fellow casino industry colleagues, who feel that online poker should be licensed and regulated in the United States.

The billionaire casino mogul has been a long-time supporter of the Republican party having made sizable contributions to Republican candidates in the past, including Arizona Senator Jon Kyl, who was a major supporter of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006.

The 78-year-old’s now defunct lobbying group Freedom’s Watch spent a reported $30 million on the 2007-2008 election cycle for Republican candidates.

In August, the New York Post reported that Adelson was on board with federal legislation,.

The LVRJ also states that Adelson visited the offices of the American Gaming Association recently to discuss his concerns.

The lobbying organization confirmed the visit, but also countered by saying that it wants Congress to revisit the Wire Act of 1961 in an effort to amend the UIGEA.

“Such action would preserve the right of states to allow or disallow online companies to offer online poker to their residents and, at the same time, ensure a consistent national regulatory and legal framework,” said AGA President Frank Fahrenkopf Jr. “It would protect millions of U.S. consumers already playing poker online, keep children from gambling on the internet, and provide the tools law enforcement needs to shut down illegal online operators.”

Las Vegas Sands President Mike Leven currently serves as a member of the AGA’s board of directors. Las Vegas Sands owns properties in Pennsylvania, Singapore and the booming gambling destination of Macau, as well as the Las Vegas-based properties Palazzo and the Venetian Resort and Casino.

While other Strip casino properties have already formed potential partnerships with online poker operators should web poker become regulated, Las Vegas Sands has not.

A company spokesman has stated that the casino’s board of directors has not yet addressed the issue.

 
 
 
 

Comments

dirtydirty00
almost 3 years ago

CAN YOU SAY "ULTERIOR MOTIVE?" get this guy outta here and stop him from wasting my time...

 
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TandG21
almost 3 years ago

Yea He is really concern about underage gambling
Give me a break

 
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AlanT
almost 3 years ago

‎"... Sheldon Adelson is morally opposed to the federal legislation of online poker, and doesn’t believe the proper technology is in place to prevent underage gambling..."

In other words - it's OK to regulate my land based casino - but allowing online poker which might take live players from my casinos is morally offensive. The decisive factor in whether or not these gambling executives and their political friends - SUPPORT or OPPOSE online poker - is almost exclusively related to whether or not they think they will PROFIT therefrom at some point. The issue about children gambling is ridiculous and a smokescreen.

HOW are children going to ESTABLISH and get FUNDS into online poker accounts - as that would require either credit/debit cards, links to checking accounts, Western Union deposits, identity checks, social security verification, DOB verification, address information, etc? And any adult (or PARENT) has to use passwords and other security checks before logging into online poker rooms that the adult/parent could/should keep secret from their child.

This is like saying you're morally opposed to alcohol because anyone who drinks alcohol can't ensure their children - IF they have children - may not drink it sometime, somehow. Well - you can keep liquor in a locked or combination lock protected cabinet if you needed to - and that same type of protection is already required for online poker. Adelson's objections are based on his own GREED and have nothing to do with moral objections.

Not too mention that POKER is arguably NOT gambling in the first place - but rather a game of skill. Would we worry if children could somehow secretly enter a golf tournament or tennis tournament which required payment for entries and for which they might win money should they do well? Is that morally objectionable enough to be absolute bar for everyone OR should we just allow parents to control the activities of children and keep out of it ourselves?

 
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TandG21
almost 3 years ago

Very well stated AlanT

 
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Mike2
almost 3 years ago

Dude, really? Poker arguably NOT gambling? It's a multi-BILLION dollar industry where people lose REAL money every single day. How can you say it isn't gambling but a "game of skill"? Random cards with fortunate "catches" and "suck outs" is not pure skill and in fact a lot of people win @ poker who have no clue. As far is everything else, it's obvious he wants to keep poker "in house" rather than on line. He is part of the Casino industry for God's sake.

 
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