• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 6 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Republican Party mega-donor Adelson pressures Trump over US-China trade war

Newsdesk by Newsdesk
Tue 24 Sep 2019 at 04:59
44
SHARES
1k
VIEWS
Print Friendly, PDF & Email

Las Vegas Sands Chairman and CEO Sheldon Adelson warned US President Donald Trump about the potential negative impact the US-China trade war could have on the US economy during a phone call last month, according to a report in the Wall Street Journal.

Citing sources familiar with the call, the WSJ said that Adelson made the call a few days after President Trump had fired off a series of tweets on 23 August in which he revealed plans to increase all tariffs on Chinese goods by 5%. The tweets were in response to Beijing’s own retaliatory tariffs on US goods.

Las Vegas Sands owns and operates five casino-resorts in Macau under its local subsidiary Sands China, from which around 63% of its 2018 revenue was derived. The licenses of all six of Macau’s casino operators are also set to expire in 2022, with renewal subject to a re-tender process over which Beijing is expected to hold significant sway.

However, according to the WSJ, Adelson’s phone call to President Trump was a general warning about the broader impacts of a trade war on the US economy and unrelated to LVS’s Macau casino interests. Adelson has traditionally been a strong supporter of the Republican Party, including President Trump, with around US$123 million donated by he and wife Miriam to conservative candidates and causes during the 2018 midterm elections.

The President has since delayed the 5% tariff increase by two weeks until 15 October pending talks between the two nations.

RelatedPosts

Dr Wilfred Wong

The Londoner Macao shows benefits of multi-billion-dollar revamp as 2Q25 performance pushes Sands China revenues to US$1.79 billion

Thu 24 Jul 2025 at 05:17
GLI set to be acquired by private equity firm CVC Capital Partners

GLI set to be acquired by private equity firm CVC Capital Partners

Wed 23 Jul 2025 at 11:35
Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

Seaport raises Macau GGR forecast for second half of 2025, increases target price for almost all Macau-linked stocks

Tue 22 Jul 2025 at 06:49
Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Tue 22 Jul 2025 at 05:21
Load More
Tags: Donald TrumpLas Vegas SandsNorth AmericaSheldon AdelsonWall Street Journal
Share19Share3
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Vietnam gaming

Vietnam to introduce casino entry fee in place of financial capacity requirement under revamped pilot program for locals

by Ben Blaschke
Tue 5 Aug 2025 at 19:02

A revamped pilot program allowing locals to gamble in some Vietnam casinos under certain conditions will introduce an entry fee in place of a requirement to prove financial capacity as part of a plan put forward by the Ministry of...

MGTO to launch 10-day market in Macau’s NAPE to help area transform ahead of pending satellite casino closures

MGTO to launch 10-day market in Macau’s NAPE to help area transform ahead of pending satellite casino closures

by Pierce Chan
Tue 5 Aug 2025 at 14:59

The Macau Government Tourism Offic e(MGTO) plans to hold a food and cultural market in Zona Nova de Aterros do Porto Exterior (NAPE) in mid-August, aimed at promoting the transformation of an area that has expressed concern over the impact...

Delta Corp to acquire 45% stake in shipyard that built “Casino Royale” floating casino

Gaming sector shows strength as India’s Delta Corp reports income of US$22 million in June 2025 quarter

by Newsdesk
Tue 5 Aug 2025 at 05:58

India’s leading casino and online gaming operator Delta Corp has reported gross income from operations of Rs 195.84 crores (US$22.3 million) for the three months to 30 June 2025, up 2.6% year-on-year and down by less than 1% compared with...

First auction of Imperial Pacific gaming equipment postponed

IPI’s abandoned Saipan hotel and casino building shows signs of wear and tear but no immediate danger ahead of planned sale

by Newsdesk
Tue 5 Aug 2025 at 05:34

The Department of Public Works of the CNMI has found that Imperial Pacific International’s unfinished hotel and casino building in Garapan, Saipan, is showing signs of wear and tear some five years after construction was halted but does not pose...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語