Published On: Thu, Jan 7th, 2021

Adelson Steps Away From Company For Cancer Treatment

Share This
Tags

Sheldon Adelson boss of Las Vegas Sands

The chairman and CEO of Las Vegas Sands, Sheldon Adelson is taking a leave of absence from day to day running of the casino business as he receives medical treatment for cancer.

While away president and chief operating officer Robert Goldstein will assume all responsibilities for the company, back in March 2019 Adelson was diagnosed with non-Hodgkin’s lymphoma and it is understood that this treatment will commence again.

The company said in a statement that they do not have a timeframe for when their Chairman & CEO will return.

It was only last week reports emerged that Adelson and James Packer had met over the New Years to possibly discuss Las Vegas Sands involvement in Crown Resorts, however those rumours have not been confirmed by either party.

Sheldon Adelson is a strong figure within the casino industry and at the age of 87 years old it would not be surprising if he took a step back from general operations and let his trusted lieutenant Robert Goldstein, he has been with the company since 1995 and assumed the role of president and COO in 2015.

About the Author

- iGaming & land based specialist reporter for the global gaming market