Las Vegas Sands Chairman Sheldon Adelson Opposes Legalized Online Poker
Casino Chairman Believes Technology Can't Prevent Underage Gambling
According 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.
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.
|1||Ignition Casino Offering Online Poker To US Players|
|2||Merciers Both Cash First Big Event After Marriage|
|3||Hellmuth, Michigan Coach Friends Over Poker|
|4||Online Poker Black Friday Defendant Avoids Prison|
|5||Doug Polk: How Much Should You Bluff?|
|6||Caesars To Begin Charging For Self-Park At Casinos|
|7||Phil Ivey Responds To The Borgata's $15.5M Claim|
|8||Mahoney Wins 2016 SHR Rock 'N' Roll Poker Open|
|9||Poker Strategy With Gavin Griffin: Homogeny|
|10||Oakland Makes Play To Keep Raiders From Vegas|
|1||Mike Sexton Wins 2016 WPT Montreal Main Event|
|2||Has The Borgata Casino Felted Phil Ivey?|
|3||Ignition Casino Offering Online Poker To US Players|
|4||A Statistical Look at the WSOP Main Event Final Table|
|5||Merciers Both Cash First Big Event After Marriage|
|6||Paddy Power's $1M Clinton Payout Backfires|
|7||British Gambler Paid Out $900K On Trump Wager|
|8||Bellagio Dealer Gets Prison In Cheating Scheme|
|9||Mike Sexton Leads 2016 WPT Montreal Final Table|
|10||Man Accused Of Leaving Casino To Rob A Bank, Then Returning|