Sheldon Adelson at it again

Billionaire and casino tycoon Sheldon Adelson seems to be at it again. The 79 year old is now outlining a plan for a new anti-online-gaming campaign, just a few months after his initial public criticism of the industry.

Back in June, Adelson wrote an article for Forbes Magazine where he criticised and condemned the online gaming industry including online casino, poker and other forms of gambling, describing the activity as “fool’s gold” and warning of the dangers of problem gambling in online environments. He also made an appeal to the US government to ban all forms of online gaming throughout the nation as it was, according to his views, “a societal train wreck waiting to happen.”

At that point there was massive outcry and opposition by the online gaming community, especially the online poker industry, many of whom decided to boycott Adelson’s properties. He was branded as narrow-minded, selfish, self-serving and inaccurate. This opposition doesn’t seem to have had any effect on Adelson since he now is re-enforcing his anti-online-gambling campaign.

Many are taking his newest initiative lightly, but the online gambling community should be wary for his influence and money can go a long way. Both his numerous and quantious donations to the Republican Party and his network of influential politicians can be used as assets in Adelson’s quest to ban online gaming.

Recent Posts

UK Gambling Commission issues a £6m fine to online operator Casumo

The UK Gambling Commission has issued a £6m (EUR 7.0m / USD 8.2m) penalty to online operator Casumo for severe…

3 weeks ago

Dutch Remote Gambling Act comes into force April 1

The Dutch Gambling Authority (Kansspelautoriteit/Ksa) expects that by October 1 this year, roughly 6 months from the enactment of the…

3 weeks ago

888 Holdings report a staggering 52% increase in revenue during 2020

Amidst a global pandemic, 888 Holdings has reported a staggering 52% increase in revenue during full-year 2020 to $849.7 million…

4 weeks ago

Playtech and Flutter shake hands on another 5 years

Playtech, a leading global gambling technology company, have announced the extension of their partnership with Flutter Entertainment for its Paddy…

4 weeks ago

Will FUN Token be on solid ground in iGaming?

FreeBitco.in, a large online (crypto) casino is ambitious and is looking to turn the FunFair (FUN)Token into the token of…

1 month ago

Has Swedish regulation failed?

Gustaf Hagman strongly believes so. In a recent interview with Gambling Insider, the LeoVegas Chief Executive Officer expressed his concern…

2 months ago