Tag: gambling

Is Investing in the Stock Market Gambling?

Dear Carrie: My boyfriend is on his phone all the time trading stocks. Sometimes, he makes a lot of money quickly, and other times, he gets upset because he loses. Overall, though, he says it’s fun and that I should invest too (right now, all of my money is in savings). To me, it all…


Las Vegas Sands Shuts Door on US Gambling Hub With $6.25 Billion Asset Sale

Las Vegas Sands Corp, founded by late casino mogul Sheldon Adelson, will sell its Vegas properties for $6.25 billion, exiting the U.S. gambling hot spot after three decades to focus on Asia, home to the world’s largest gambling hub, Macau. The sale comes nearly two months after the death of Adelson—widely credited with helping transform…


China Insider: Defense Bill Orders U.S. Treasury to Probe Chinese Money Laundering

The U.S. Treasury Department will investigate the risks posed by China’s money laundering and develop a strategy to defend against it, as required by the National Defense Authorization Act of 2021.


Sheldon Adelson, Casino Mogul and GOP Power Broker, Dies

LAS VEGAS—Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness. Adelson died at 87 from complications related to treatment for non-Hodgkin’s lymphoma, Las Vegas Sands announced Tuesday. He was…