{"id":29069,"date":"2021-01-07T06:05:55","date_gmt":"2021-01-07T14:05:55","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=29069"},"modified":"2023-09-18T13:17:41","modified_gmt":"2023-09-18T21:17:41","slug":"twilight-of-the-god","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/twilight-of-the-god\/","title":{"rendered":"Twilight of the God"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2010\/07\/Sheldon-pasha.gif?w=980&#038;ssl=1\" alt=\"\" class=\"wp-image-4019\"\/><\/figure><\/div>\n\n\n\n<p style=\"font-size:18px\" class=\"has-drop-cap\"><strong>Sheldon Adelson<\/strong> hasn&#8217;t left the building at <strong>Las Vegas Sands<\/strong> but the exit door has opened. Moments ago the company announced that the 87-year-old plutocrat would be taking a leave of absence for treatment of lymphoma. Adelson has been battling the disease since March 2019. COO <strong>Rob Goldstein<\/strong> ascends to the post of acting chairman\/CEO. Goldstein knows the industry like the back of his hand and Sands isn&#8217;t expected to miss a step. As <strong>JP Morgan<\/strong> analyst <strong>Joseph Greff<\/strong> puts it, &#8220;Mr. Goldstein, 65, has been at LVS for ~25 years in a number of executive positions and is universally respected\u2013and liked\u2013by investors, casino operator peers, employees and, importantly, the Adelson family, which owns a majority\/controlling stake in LVS.&#8221; Yes, Sheldon, like his pal <strong>Donald Trump<\/strong>, values personal loyalty above all else (keeping then-President <strong>William Weidner<\/strong> on even after, according to Adelson&#8217;s sworn testimony, he breached his fiduciary duties). Goldstein also adds the duties of acting chairman\/CEO of <strong>Sands China<\/strong> to his portfolio, meaning his desk will be very full for some time to come. We wish Adelson a speedy recovery, as do the many politicians whose careers depend on his largesse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheldon Adelson hasn&#8217;t left the building at Las Vegas Sands but the exit door has opened. Moments ago the company announced that the 87-year-old plutocrat would be taking a leave of absence for treatment of lymphoma. Adelson has been battling the disease since March 2019. COO Rob Goldstein ascends to the post of acting chairman\/CEO. [&hellip;]<\/p>\n","protected":false},"author":83928,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1728],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/29069"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/83928"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=29069"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/29069\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=29069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=29069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=29069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}