LAS VEGAS (AP) – Casinomagnat and GOP donor Sheldon Adelson has cancer and is no longer based in Las Vegas since Christmas.
Adelson's poor health was discovered earlier this week by one of his companies lawyers during a year-long case trial filed by a Hong Kong businessman. Founder and CEO of Las Vegas Sands Corp. did not participate in the conference call of the casino operator with analysts and investors after its earnings report in January.
Lawyer James Jimmerson said on Monday in court that he had learned of the terrible nature of Mr. Adelson's condition, health, last month. The lawyer's comment came when he discussed whether Adelson was eligible for a deposition on the case and was first reported by The Nevada Independent.
Las Vegas Sands Corp. told The Associated Press Thursday that Adelson's cancer
"Mr. Adelson is still struggling with certain side effects of the drugs he uses to treat non-Hodgkin's lymphoma," company spokesman Ron Reese said in an e-mailed Thursday Availability limited to travel or regular office hours. "
The impact did not prevent Adelson, 85, from fulfilling his responsibilities as Chairman and CEO, Reese said, expecting the company to come back after treatment is completed
Adelson also suffers from peripheral neuropathy, a condition that affects the nervous system.
The billionaire and his wife Miriam gave en President Donald Trump's 201
Adelson is the largest shareholder in Las Vegas Sands and regularly participates in the company's earnings solicitation, but was absent when he announced results on January 23. Sands president Robert Goldstein said at the time that Adelson was "a bit under the weather".
"We met with him yesterday," Goldstein told Adelson during the January call. "He's taking some medications that make him a bit drowsy, so he decided to check this this morning."
Adelson is expected to testify in the case filed by Hong Kong businessman Richard Suen and his company Round Square. He testified in 2013 and 2008 in the case's two previous lawsuits.
Suen has applied for compensation for helping Sands to secure business in Macau's Chinese gambling enclave. Sands has argued that Suen did not help get the crucial permission to build casinos in Macau and deserves nothing.