Adelson suffers record losses due to online gambling battle and Macau slump

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  US casino billionaire magnate Sheldon Adelson reportedly lost an estimated $8.9 billion of his own wealth during 2014 according to media reports. Adelson, 81, CEO of the Las Vegas Sands Corporation, has spent the year campaigning against online gambling and it appears that this opposition to the online industry has had a severe impact… Read more »