No Dividends, No Problem: Trump Megadonor Sheldon Adelson Has Given At Least $180 Million This Year, Despite Troubles At His Company

illionaire Las Vegas Sands chairman and chief executive Sheldon Adelson has a catchphrase he likes to say during his company’s quarterly earnings calls: “Yay, dividends!” However, Adelson hasn’t been able to use that favorite phrase since January, weeks before the Covid-19 pandemic brought his gaming and resort empire to a grinding halt.

At the Las Vegas Sands properties on the Strip, revenue declined 63% in the third quarter compared to a 92% decrease the quarter prior.Adelson has come a long way, from sleeping on the floor of a Boston tenement as a child to running a newspaper stand to starting the Comdex technology conference to becoming the biggest casino magnate in the world.

Since then, Adelson has continued to rake in enormous amounts of cash from Las Vegas Sands, of which he owns a majority stake. Like clockwork, he collected between $90 million and $260 million in dividends four times a year for eight years. Adelson also received a special dividend payment in December 2012 of $1.2 billion, before taxes.

they disclosed spending about $82 million. The Adelsons, who were not early supporters of Donald Trump, eventually ponied up $20 million toward the pro-Trump super-PAC Future45 in September and October 2016.

Well that is the seed money 💰

Why pay employees? Give the $$ to Donald. SMH.

BRAVOO TO HIM

Yup sound about right! Billionaire wanting trump to win.

The maximum contribution to a presidential campaign as an individual is $2,800...Bad headline 😂🤷🏽‍♂️ fakenews

Let’s call him as he is: A rabid right wing Zionist with only one loyalty, the rogue, racist and apartheid state of Israel.

You seem jealous. Was Bloomberg's million dollar donations not enough?

That's the guy to contact when you need a lesson on ideology of conservatism and tea party activity. And then you do the exact opposite yourself.

The parasites are all in it together.

If you want to highlight donors, highlight them all. You give the impression that only Republicans have donors. What about Biden's tech giant donors? Their control of social media is much more insidious.

How many poor people could have been fed with 180 million?

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