Adelson's Singapore Casino Paid a Price for Courting China's 'Whales'
Adelsonâs Singapore Casino Paid a Price for Courting Chinaâs âWhalesâ Dec 24 2020, 1:55 PM December 22 2020, 3:52 AM December 24 2020, 1:55 PM (Bloomberg Businessweek) -- When Chinese businessman Wang Xi first gambled at Sheldon Adelsonâs Marina Bay Sands casino in Singapore, he hit the jackpot, winning $3.7 million. After more wins in later trips, his luck turned sour and he racked up millions in losses. After one particularly tough day in the high-roller room, he threw a water glass at a staff member, and brought his father in to review his accounts, according to do...
Source: bloombergquint.com