Adelson Supports China Regime



Casino tycoon Sheldon Adelson, one of America’s wealthiest people, dismissed critics of China on Thursday, saying the Chinese are living a good life and the United States shouldn’t try to police the entire world.The capitalist from Las Vegas defended the communist regime as he checked on the progress of a $2.3 billion casino resort he is building in Macau on China’s southeastern coast. The tiny city is the only place in China where casino gambling is legal.

Adelson, ranked No. 3 of Forbes magazine’s list of the richest Americans, noted that many people, especially Congress members, like to criticize China for its human rights record and other problems. But he said he liked the way the Chinese run their country.

“People seem to be living a good life in China,” he said, adding that he hasn’t spent much time in impoverished rural areas. “Look at the incredible progress China has made. How can someone say they’re doing the wrong thing?”

Adelson, chairman and chief executive officer of Las Vegas Sands Corp., said those who don’t like the way China is being ruled just shouldn’t go to the country.

“I don’t think the U.S. should be the policeman of the whole world,” he said.

Human rights groups and other critics of China say the country is ruled by a brutal leadership that blocks democratic reforms, jails dissidents, denies religious freedom and heavily censors the media.

Adelson has enjoyed great success in Macau since 2004 when he opened the 740-table Sands Macau, the world’s biggest casino by tables. The casino _ the first Las Vegas-style casino in the city _ earned back all of the $240 million in invested capital within a year, the company said. Most of the gamblers were from mainland China.

Adelson’s next project is The Venetian Macao Resort Hotel, with 3,000 suites and a casino with 6,000 slot machines and 700 tables. The complex, due to open in July or August, also includes a massive convention center and shopping mall. It aims to be the center for trade shows and conventions in Asia.

The U.S. tycoon is seeking China’s permission to build a $13 billion development with golf courses and hotels on Hengqin Island, near Macau. It was not known when the government would make a decision.

Source | Associated Press

Related Posts Related Websites
  • Macau General News December 2007 Packer gets Crowned Fitch Ratings will lower the credit rating for James Packer's gambling concern - Crown Limited - after its decoupling from the PBL...
  • The Biggest Polluter on the Planet: SEX Thomas Friedman's follow-up to "The World is Flat" is currently slowly integrating it's message into my brain.  "Hot, Flat, and Crowded" preaches the message of...
  • U.S. Casinos' Bet On Macau Pays Off MACAU — When U.S. casino giants Las Vegas Sands  and Wynn Resorts  first set foot on these islands in the South China Sea a few...

Leave a reply

You must be logged in to post a comment.

Subscribe to Macau Updates!

Macau Talk

Macau Views

Macau Official Flag Hengqin Island Theme Park Macau at Nightfall Sofitel Ponte 16. Macau View of Zhuhai from Macau Lord Stows Bakery. Macau Fishermans Wharf. China Pavilion. Macau Guia Lighthouse. Macau A-Ma Temple. Macau

Old Topics