Gaming firm run by major GOP donor to pay $47M settlement

Wednesday, August 28, 2013  

Las Vegas Sands Corporation has agreed to pay $47 million to settle a federal money-laundering case.

Sands is run by Sheldon Adelson, a major donor to Republican campaigns. The firm was being investigated for laundering money for a high-rolling gambler.

Sands agreed to turn over the gambler's money that was deposited with the casino.

Get the Story:
Las Vegas Casino Settles in Money-Laundering Inquiry (The New York Times 8/28)
Las Vegas Sands to Pay $47.4 Million in U.S. Agreement (Bloomberg News 8/28)
Las Vegas Sands resolves laundering case with $47 million deal (CNN 8/27)

Major Republican donor opposes legalization of Internet poker (10/3)