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And now, as Trump continues to fill out the upper echelons of his transition and administration, some key donors appear to be in the fray. Chris Wright, the Liberty Energy CEO tapped to be Trump’s energy secretary, gave the campaign and affiliated committees more than $235,000. Marc Rowan, the billionaire CEO of Apollo Global Management, gave $1 million to Right for America, a pro-Trump super PAC. The super PAC also ran a controversial program that gave away $1 million checks to swing-state voters who signed Musk's petition. (His father, Charles Kushner, who was pardoned by Trump, gave that same amount, plus another $1.2 million to a pro-Trump super PAC).
Persons: megadonors, Donald Trump's, Trump, Linda McMahon, McMahon's, Howard Lutnick, Lutnick, Chris Wright, Scott Bessent, Marc Rowan, Elon Musk, Musk, Ike Perlmutter, Jared Kushner, Trump's, Charles Kushner, Tim Mellon, Miriam Adelson, megadonor Sheldon Adelson Organizations: Trump's Small Business Administration, Trump, Inc, MAGA Inc, Commerce Department, Liberty Energy, NBC, Treasury Department, Apollo Global Management, Street, Treasury, America PAC, PAC, Marvel Entertainment, America, Dallas Mavericks Locations: America
Miriam Adelson, 79, is the widow of casino magnate Sheldon Adelson. Miriam Adelson is one of Donald Trump's top donors in 2024. Go to newsletter preferences Thanks for signing up! After Sheldon Adelson's death in 2021, Miriam Adelson has continued to channel her fortune into reelecting Donald Trump as one of his wealthiest donors. Here's a closer look at Miriam Adelson's background, wealth, and political leanings.
Persons: Miriam Adelson, Sheldon Adelson, Donald Trump's, , Sheldon Adelson's, Donald Trump, Here's, Miriam Adelson's Organizations: GOP, Service, Vegas Sands Corporation, Forbes, Adelson Foundation
Roughly $130 million of Harris’ campaign spending went toward media expenses. Thursday’s filings show that Musk’s super PAC drew other donors in October. He had previously donated to a super PAC supporting Nikki Haley’s failed bid for the Republican presidential nomination. Legal feesEven as Trump raises money for his presidential campaign, his political operation continues to underwrite the former president’s legal bills. Between October 1 and 16, Save America, the former president’s leadership PAC, spent $3.9 million on “legal consulting,” records show.
Persons: CNN — Elon, Donald Trump, Kamala Harris, Harris, Harris ’, Trump, Joe Biden, Musk, Nelson Peltz, Betsy DeVos, Richard Uihlein, Uihlein, Elizabeth, Miriam Adelson, Sheldon Adelson, Ronald Cameron, WhatsApp, Jan Koum, Nikki Haley’s, MAGA, Warren Stephens, Woody Johnson, Dustin Moskovitz, Liz Cheney, isn’t, , Robert, Clifford Robert Organizations: CNN, Democratic, Trump, Federal, Commission, US Justice Department, America PAC, Republicans, Republican, Billionaire, Trump’s, PAC, Schlitz Brewing, Preserve, Preserve America, Inc, New York Jets, Facebook, Harris, American, president’s Locations: AdImpact, Michigan, Arkansas, United Kingdom, Wyoming, New York
The Trump campaign put nearly $14 million behind the ad in the first two weeks of the month. The Trump campaign disputed the report. As pro-Trump advertisers have put more money behind ads attacking transgender policies, economic messaging has also been a consistent, though shifting, point of emphasis. Harris’ campaign did not respond to a request for comment. President Trump is for you.”Democrats in the presidential race have offered no defensive response.
Persons: Donald Trump, Kamala Harris, It’s, CNN’s KFile, Harris, , , Bret Baier, Trump, , ” Trump, Kamala, Harris ’, Wednesday’s Fox, Terry Schilling, Andy Beshear, Beshear, Glenn Youngkin, Rodrigo Heng, Lehtinen, ” “, ” Heng, wouldn’t, Chris LaCivita, Miriam Adelson –, MAGA, Colin Allred – who’s, Sen, Ted Cruz, Texas –, Ohio Sen, Sherrod Brown, DeWine, Allred, Brown, Schilling, ” Schilling, Heng, Joe Biden, Jennifer Agiesta, Alayna Treene, Kate Sullivan, Kristen Holmes Organizations: CNN, Republicans, Trump, Fox News, New York Times, of Prisons, Fox, Democratic Gov, Republican Gov, statehouse, Virginians, National Center for Transgender Equality, , Gallup, Democratic Party, , Preserve America, Badger State, PAC, Democratic, GOP, White Locations: Washington, Kentucky, Virginia, Wisconsin, Texas, Ohio
Three Senate Democratic candidates — Ohio Sen. Sherrod Brown, Maryland’s Angela Alsobrooks and Michigan Rep. Elissa Slotkin — raised more than four times as much as their Republican opponents during that period. In 2016, Trump lost the core Democratic states by 22 points, and in 2020, he lost them by 24 points. In this most recent poll, Trump was losing the core Democratic states by only 13 points. In 2016, Trump won the core GOP states by 18 points, and in 2020, his margin in the red states was 16 points. Read more → Follow live coverage from the campaign trail →That’s all from the Politics Desk for now.
Persons: Ben Kamisar, Bridget Bowman, Chuck Todd, Ben Kamisar Republican megadonors, Donald Trump, Kamala Harris, Miriam Adelson, Sheldon Adelson, Elon Musk, Marc Andreesen, Ben Horowitz, Ike Perlmutter, Richard Uihlein, Adelson, Harris, Musk, Trump, Horowitz, Perlmutter, Lara, Uihlein, Read, Ben →, lissa, ince, arris, huck, rena, huck →, hal, bate, Ted C Organizations: NBC, White House, Capitol, Electoral, Trump, Ben Kamisar Republican, Dallas Mavericks, Tesla, Marvel, Preserve, America, America PAC, Restoration PAC, Wisconsin Senate, Congressional, Trump MAGA Inc Locations: Preserve America, Maine, ried, ote
Democratic House and Senate candidates raised eye-popping sums from July through September, according to new reports filed with the Federal Election Commission. Democrats outraised Republicans in all 11 competitive Senate races and in all but one of the 26 “toss-up” House races. Three Senate Democratic candidates — Ohio Sen. Sherrod Brown, Maryland’s Angela Alsobrooks and Michigan Rep. Elissa Slotkin — raised more than four times as much as their Republican opponents during that period. Senate Democratic candidates spent a combined $244 million to Republicans’ $91.5 million. And House Democratic candidates in races rated as “toss-ups” or “leaning” toward one party spent $132 million to Republicans’ $61.6 million.
Persons: Kamala Harris, , Amy Walter, — Ohio Sen, Sherrod Brown, Maryland’s Angela Alsobrooks, Elissa Slotkin —, Donald Trump, Harris, ” Slotkin, Democrats ’, David Bergstein, Michelle Chan, J.B . Pritzker, Ken Griffin, Paul Singer, Steve Schwartzman, Tim Mellon, Miriam Adelson, Michael Bloomberg Organizations: Democratic House, Federal, Commission, GOP, Democratic, House, Democrats outraised Republicans, — Ohio, Michigan, Republican, Republicans ’, Senate, , Republicans, National Republican Senatorial Committee, National Republican, NBC News, Democratic Senatorial, Democrats, Congress, PAC, Illinois Gov, Fund, Congressional, New, New York City, Sunday Locations: Michigan, New York
And that massive total doesn't include fundraising by the main pro-Trump super PAC, MAGA Inc., which will file its fundraising reports by Sunday. Adelson gave $95 million to Preserve America, a super PAC she’s almost entirely funded, during the third fundraising quarter, after previously giving the group $5 million in the prior quarter. Right for America, another pro-Trump group, raised $28 million last quarter — with multimillion-dollar checks from Andreesen, Horowitz and Perlmutter as well as Perlmutter's wife, Lara. The super PAC has spent heavily on the presidential race as well as on the Wisconsin Senate and Maine 2nd Congressional District campaigns. Harris has plenty of super PAC backup, too: Future Forward (known as FF PAC) had raised $200 million through August, while MAGA Inc. had raised $280 million.
Persons: megadonors, Donald Trump, Kamala Harris, Miriam Adelson, Sheldon Adelson, Elon Musk, Marc Andreesen, Ben Horowitz, Ike Perlmutter, Dick Uihlein, Adelson, Harris, Musk, Trump, Horowitz, Perlmutter, Lara, Uihlein, Dianne Hendricks, Harris ’, Joe Biden, , it’s Organizations: Trump, Dallas Mavericks, Tesla, Marvel, MAGA Inc, Sunday, Preserve, America, America PAC, Restoration PAC, Wisconsin Senate, Congressional, Trump MAGA Inc, FF PAC, NBC, Harris, Democratic National Committee, Democratic Locations: Preserve America, Maine, Wisconsin
Elon Musk has given nearly $75 million to America PAC, the super PAC he created to support former President Donald Trump, according to a campaign finance filing from the group late Tuesday. The super PAC is focused on voter turnout efforts in potential swing states such as Pennsylvania, where Musk recently appeared onstage with Trump. Musk gave $14.95 million to the super PAC in July, $30 million in August and $30 million in September, according to the filing. The filing says he was the super PAC’s only donor during that period, although in June the super PAC disclosed several donations from associates of Musk, including five donations for $1 million apiece. Republican megadonor Miriam Adelson gave $95 million in the third quarter to the super PAC she is using to back Trump.
Persons: Elon Musk, Donald Trump, Musk, Trump, podcaster Jordan Peterson, Republican megadonor Miriam Adelson Organizations: America PAC, PAC, Federal, Commission, Trump, SpaceX, Bloomberg, California Republican Party, National Republican Congressional Committee, Republican Locations: Pennsylvania, Michigan
Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.
Persons: , Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska
CNN —Former President Donald Trump said Thursday that “the Jewish people” would be partially to blame if he loses in November, escalating his persistent campaign trail criticism of Jewish voters and insisting that Democrats hold a “curse” over them. But the former president appeared preoccupied with what he described as ingratitude from Jewish voters, whom he said should be supporting him in greater proportions because of his record on Israel. Still, Trump has repeatedly cast his rival as “anti-Israel” and “anti-Jewish.”“You have to defeat Kamala Harris more than any other people on earth,” Trump said, addressing the Jewish voters in the audience. You want to control your politicians, that’s fine,” Trump said at the Republican Jewish Coalition in December 2015. “I’m a negotiator like you folks, we are negotiators.”But Trump’s open frustration with Jewish voters became a more frequent theme in the aftermath of his 2020 election defeat.
Persons: Donald Trump, “ I’m, Trump, Kamala, Harris, Miriam Adelson, , ” Trump, , Israel haters, ” Harris, Israel, Harris’s, Doug Emhoff, Israel ”, Kamala Harris, I’ve, Jose Luis Magana, Amy Spitalnick, footballs, ” Spitalnick, , “ You’re, Benjamin Netanyahu Organizations: CNN, Republicans, Jewish Democratic, , , Israel, Jewish, Democrats, Democrat Party, Democratic, Biden, American, Abraham Accords, Jewish Council, Public Affairs, American Jewish, Republican Jewish Coalition, Israeli, Hamas Locations: Washington, Israel, Gaza, Jerusalem, Iran, “ Israel, Washington ,, New York, American, United States, U.S, ” “ U.S
If current trends continue, Mr. Trump could rack up one of the most decisive presidential victories since 2008. The Biden campaign hoped to change this political dynamic by calling for a historic early debate in June. Of all the battleground states, Mr. Biden had been performing best in Wisconsin. However, in two polls released this week, Mr. Trump has pulled ahead of Mr. Biden. Republicans clearly understand that these three battleground states are Mr. Biden’s only remaining path to 270 electoral votes.
Persons: Carolina Moscoso, Biden, Donald Trump, Trump, I’ve, Hillary Clinton, Barack Obama, George H.W, George H.W . Bush, Biden’s, Nebraska’s, Mr, Robert F, Kennedy Jr, Jill Stein, Stein, Miriam Adelson, Bill Clinton, Doug Sosnik Organizations: Carolina, Democratic, New York Times, Siena, Mr, Democratic Party, Congressional, , Green Party, Republicans Locations: United States, Minnesota, New Hampshire, George H.W ., Wis, Mich, Pa, Nev, N.C, Ariz . Ga, Ariz ., Arizona, Georgia, Nevada, North Carolina, Michigan, Wisconsin, Maine, New Mexico, Virginia, Pennsylvania, . Michigan, Gaza, Madison
As the Nevada caucuses drew to a close in February, Donald J. Trump and several top aides gathered for a quick dinner in a suite atop his hotel in Las Vegas before he descended and declared victory. But the Republican billionaire at the center of attention during the meal was not Mr. Trump — it was Dr. Miriam Adelson. The former president, by then on a glide path to the Republican nomination, wanted financial support from Dr. Adelson, a conservative megadonor, and she had a request or two. Be less bombastic, she told him, and speak more directly about the economy. But more important, she made clear to Mr. Trump and his top aides, Susie Wiles and Chris LaCivita, be patient.
Persons: Donald J, Trump, Miriam Adelson, Adelson, Susie Wiles, Chris LaCivita, Nikki Haley Organizations: Trump, Republican Locations: Nevada, Las Vegas
The speaker of the Texas House, Dade Phelan, won renomination in a runoff on Tuesday, surviving a bruising Republican primary challenge from a party activist and first-time candidate who was backed by former President Donald J. Trump and his Texas supporters. The race, in a southeast Texas district that includes part of the city of Beaumont, was a bitter political showdown among some of the most powerful players in Texas politics, and was likely to have been one of the most expensive ever for a Texas House seat. Millions poured in to the campaigns during the primary, including large donations from West Texas oil and gas billionaires and out-of-state school-choice advocates who backed the challenger, David Covey. For his part, Mr. Phelan had help from deep-pocketed donors like Miriam Adelson, the Las Vegas casino magnate and widow of the Republican megadonor Sheldon Adelson. Covey, a technical adviser to the oil and gas industry who has described himself as a “very committed Christian and a conservative,” led Mr. Phelan in the first round of voting in March, when neither candidate won a majority.
Persons: Dade Phelan, Donald J, Trump, David Covey, Phelan, Miriam Adelson, Republican megadonor Sheldon Adelson, . Covey, Christian, Organizations: Texas House, Las, Republican Locations: Texas, Beaumont, West Texas, Las Vegas
Two Israeli journalists traveled to Palm Beach, Fla., a little over a week ago, hoping to elicit from Donald J. Trump a powerful expression of support for their country’s war in Gaza. Instead, one of them wrote that what they heard from Mr. Trump at Mar-a-Lago “shocked us to the core.”“Both U.S. presidential candidates, Biden and Trump, are turning their rhetorical backs on Israel,” concluded Ariel Kahana, a right-wing settler who is the senior diplomatic correspondent for Israel Hayom. The newspaper is owned by the billionaire Republican donor Miriam Adelson; Ms. Adelson herself arranged the interview with Mr. Trump, according to a person with direct knowledge of the planning. What had Mr. Trump said that so alarmed Mr. Kahana? He told the interviewers that Israel was losing public support for its Gaza assault, that the images of devastation were bad for Israel’s global image and that Prime Minister Benjamin Netanyahu should end his war soon — statements that sounded far more like something President Biden might say than the kind of cheerleading Mr. Netanyahu has come to expect from Washington Republicans.
Persons: Donald J, Trump, Lago “, , Ariel Kahana, Israel Hayom, Miriam Adelson, Adelson, Israel, Benjamin Netanyahu, Biden, Netanyahu Organizations: Mar, Biden, Trump, Washington Republicans Locations: Palm Beach, Fla, Gaza, Israel
The drop in Trump's small-dollar contributors could be significant obstacle as the former president faces the well-funded incumbent president, Democrat Joe Biden. Falling behind BidenEvidence from earlier in the 2024 election cycle already hinted at an erosion of Trump's small-dollar donor base, or support of $200 or less. In January of this year, Trump's campaign reported raising around $3 million from small-dollar donors, according to data from OpenSecrets. Elizabeth Frantz | ReutersMeanwhile, Trump's campaign told The New York Times that February was its strongest month so far in the 2024 campaign cycle for small-dollar donations. Between Jan. 1 and Dec. 31, 2020, Trump's campaign raised over $264 million from small-dollar supporters.
Persons: Donald Trump, Marco Bello, Reuters Donald Trump's, Joe Biden, Biden, Trump's, Elizabeth Frantz, Trump, Shannon Stapleton, John Paulson, Howard Lutnick, Letitia James, Steve Schwarzman, Miriam Adelson, Denise Truscello, Stephen Louro, Long, Louro, Greg Abbott, Elise Stefanik, Haley, Nikki Haley, MAGA, Adrienne Arsht, Mike Segar, Paul Singer, Singer, Paul Singer David A, Singer's, Lara Trump, Jonathan Drake Organizations: Reuters, White, Republican Party, Federal, Commission, U.S, Capitol, Washington , D.C, New York Times, CNBC, Trump, Republican National Committee, RNC, New York, Court, Trump Organization, AFP, Getty, PAC, Democrats, Blackstone, Cleveland Clinic Lou, Brain Health, MGM, Garden, Hamptons, Republican, New York Republican, Republican Texas Gov, South Carolina Gov, Former South Carolina, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts, Republicans, Haley, Grogan, American Opportunity Alliance, Politico, North, North Carolina GOP Locations: Lago, Palm Beach , Florida, U.S, Washington ,, New York City, Las Vegas , Nevada, York, Former, Miami , Florida, Houston, New York, North Carolina, Greenville , North Carolina
"To spend more time with my family and because I believe the next wave of revenue generation is around real estate and entertainment and those aren't my strengths," the billionaire responded. Cuban has never been shy about pointing out where his strengths lie, saying in the past that he is "really, really, really good at sales." Those pursuits make more sense for the Adelsons, who have a long history in the entertainment, casino and real estate space, Cuban said in a pre-game interview on Dec. 27th. It's because of their real estate empires that they've built," Cuban said. It's been hard enough learning the pharmacy and basketball business, let alone trying to learn real estate as well."
Persons: Mark Cuban's, it's, Miriam Adelson, Cuban, Adelson, It's, Sheldon Adelson Organizations: Dallas Mavericks, NBA, Cuban, Twitter, ESPN, Las Vegas Sands, Forbes, Vegas Sands, Mavericks, CNBC Locations: Las Vegas, Texas, Cuban
[1/3] U.S. President Joe Biden speaks during a reception at the White House ahead of the 46th Kennedy Center Honors gala, in Washington, U.S. December 3, 2023. "We're putting in the work across our fundraising program and look forward to again outperforming the MAGA field," Biden campaign spokesperson Kevin Munoz said. Next week, Biden will raise money in Pennsylvania and Maryland with the states' Democratic governors Josh Shapiro and Wes Moore. Recent polling has shown the GOP frontrunner leading Biden in hypothetical matchups in key swing states and on the national level. Hollywood and the entertainment industry overall lean Democratic, at least when it comes to fundraising, according to OpenSecrets, which tracks campaign contributions.
Persons: Joe Biden, Nathan Howard, Biden, James Taylor, Stephen Spielberg, Rob Reiner, Michael Smith, James Costos, Barack Obama's, Lenny Kravitz, Wendy Schmidt, Eric Schmidt, Rick Caruso, Robert Tuttle, outperforming, MAGA, Kevin Munoz, Josh Shapiro, Wes Moore, Kamala Harris, Gretchen Whitmer, Alex Padilla, Julie Chavez Rodriguez, Donald Trump, Charles Koch's, Nikki Haley, Miriam Adelson, ouptaced Trump, Jarrett Renshaw, Heather Timmons, Bill Berkrot Organizations: White, 46th Kennedy Center, REUTERS, Democratic, Reuters, HBO, Los, Biden, Super, Trump, Democratic Party, Republican, Democratic National Committee, Hollywood, Thomson Locations: Washington , U.S, Boston, California, Los Angeles, Spain, Pennsylvania, Maryland, Michigan, Alex Padilla of California
For years, professional sports organizations like the National Basketball Association and Major League Baseball prohibited liquor companies from buying advertising in locations in stadiums and arenas that could be seen on television, in deference to efforts to curb drunken driving. Suddenly, they began signing multimillion-dollar deals with companies that made rum, tequila, vodka and other hard liquor, and the advertising was displayed for all to see. It was a sign of how justifications can change seemingly overnight, especially when money is involved. (The purchase still needs to be approved by the league’s board of governors before becoming official.) “The Adelson and Dumont families are honored to have the opportunity to be stewards of this great franchise,” they said in a statement.
Persons: Miriam Adelson, “ The Adelson, Dumont, Organizations: National Basketball Association, Major League Baseball, Sands Corporation, Dallas Mavericks
Las Vegas Sands and Adelson and Dumont families representative Ron Reese declined Wednesday to comment. Adelson, a physician, rarely gives interviews; in 2021, she told Las Vegas television station KNTV about her work with people fighting addictions. “A good person with good values, though he is totally opposite of us in his political views,” she told the Las Vegas Review-Journal then. The Adelson family owns that newspaper. Major League Baseball owners recently voted to let the Oakland Athletics relocate to Las Vegas, and the city is frequently mentioned as a possible home for an NBA team.
Persons: — Miriam Adelson, powerbroker, Adelson, Dumont, Sands, Patrick Dumont, Mark Cuban, Ron Reese, ” Adelson, “ I'm, Cuban, Miriam Adelson, , Sheldon Adelson, Sheldon Adelson's, , Donald Trump, Trump, Robert Mueller's, “ Miriam, ” Trump, “ You’ve, Michael Milken, Israel Hayom, Benjamin Netanyahu, ” Miriam Adelson, Brad Alberts, “ I’m, ” Alberts, ___ Organizations: LAS VEGAS, Israel, Dallas Mavericks, Las Vegas Sands Corp, NBA, Forbes, Vegas Sands, Adelson, Las, Las Vegas, Sands, Expo, Republican, Cuban, White, Republican Jewish Coalition, Nevada’s, Vegas, Securities and Exchange Commission, Oakland Raiders, Major League Baseball, Oakland Athletics, Mavericks, Las Vegas Sands, NHL's Dallas Stars, Dallas Morning Locations: U.S, Las, Vegas, Las Vegas, Cuban, Israel, New York City, Boston, Sands, Macau, Singapore, Tel Aviv, Russia, Gaza, West, Vegas Sands, Dallas
BANGKOK (AP) — Asian shares were mostly higher Thursday ahead of an update on U.S. consumer inflation and a meeting of oil producers in Vienna. Consumer spending, the lifeblood of the economy, rose at a 3.6% annual rate from July through September. In Bangkok, the SET fell 0.5%. Facebook parent company Meta fell 2%, Google’s parent company Alphabet gave up 1.6% and Microsoft dropped 1%. Las Vegas Sands slid 4.9% after Miriam Adelson, the casino operator’s controlling shareholder, sold some $2 billion in stock.
Persons: That’s, Yue, India's Sensex, Taiwan's Taiex, Brent, gainers, Miriam Adelson Organizations: Federal, Consumer, U.S ., Bank, Nikkei, Capital Economics, OPEC, Sunday, New York Mercantile Exchange, Big Tech, Dow Jones, Nasdaq, Facebook, Meta, Microsoft, New York Stock Exchange, General Motors, GM, United Auto Workers, Canadian, Treasury, Sands Locations: BANGKOK, Vienna . U.S, U.S, Asia, Hong Kong, Shanghai, Australia, Bangkok, Sunday .
One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban , a source familiar with the deal said Tuesday. Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.
Persons: Sheldon Adelson, Mark Cuban, Miriam Adelson, Sheldon Adelson’s, Marc Stein Organizations: NBA, Dallas Mavericks, Vegas Sands, Mavericks Locations: Las Vegas, Sin
Adelson, 78, is a medical doctor and widow of Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands who died in 2021. Adelson and her family own the Las Vegas Sands and Las Vegas Review-Journal, Nevada’s largest newspaper. It's doubtful Adelson would try to move the Mavericks to Las Vegas, especially since Cuban will retain responsibility over basketball operations. “There’s no doubt that there’s enormous interest in this (Las Vegas) market,” Silver said at the time. Silver will also likely address the potential sale at the In-Season Tournament in Las Vegas when he speaks there during the Dec. 7-9 weekend.
Persons: — Mark Cuban, MIRIAM ADELSON, Adelson, Sheldon Adelson, Patrick Dumont, Israel Hayom, Benjamin Netanyahu, Donald Trump, Adam Silver, ” Silver, Greg Abbott, Tilman Fertitta, , Trump, , Silver, Tim Reynolds, Ken Ritter, Paul Weber, ___ Organizations: LAS VEGAS, Dallas Mavericks, WHO, Las Vegas Sands, Sands, Las Vegas, Nevada’s, Republican Party, Vegas Sands, Expo, Apollo Global Management, NFL Raiders, Raiders, Bank of America, Mavericks, Cuban, NBA, TEXAS, Texas Sands, GOP, Capitol, Republican Gov, Texas Legislature, Texas GOP, Republican, NBC, Governors, Pro Locations: Las Vegas, Las, U.S, Oakland , California, Vegas, Texas, Austin , Texas
After all, Las Vegas is the headquarters of the family's empire, even if it doesn't have any casino resorts in the city anymore. Adelson is the widow of Las Vegas Sands founder Sheldon Adelson, who died in January 2021. And Las Vegas is now a preeminent destination for sports, with the NHL's Golden Knights, the NFL's Raiders, the WNBA's Aces and a Formula 1 Grand Prix. He is also the president and chief operating officer of Las Vegas Sands. Las Vegas Sands itself has spent years and millions of dollars as well in pursuit of the same goal.
Persons: Miriam Adelson, Adelson, Sheldon Adelson, Adam Silver, LeBron James, he's, Shaquille O'Neal, Patrick Rishe, St . Louis, Dumont, Mark Cuban, Patrick Dumont, Miriam Adelson's, Sivan, Cuban, Sands Organizations: Dallas Mavericks, Western, Golden State Warriors, American Airlines Center, Dallas , Texas ., Las Vegas Sands, NBA's Dallas Mavericks, Vegas Sands, Golden Knights, NFL's Raiders, WNBA's Aces, League Baseball's, Vegas, NBA, Sacramento Kings, Washington University, Dallas, CNBC, Sands, Apollo Global Management, VICI, Mavericks, Dallas Morning News Locations: Dallas , Texas, Las Vegas, Vegas, Oakland, St ., Dallas, Vegas Sands, Texas
CNN —The owner of a casino empire is preparing to buy a majority share of the NBA’s Dallas Mavericks franchise from billionaire businessman Mark Cuban, according to multiple media reports. The Adelson family will purchase a majority share of the Mavericks from Cuban for $3.5 billion, according to media reports that cited sources familiar with the deal. The deal will reportedly see Cuban retain partial ownership of the Mavericks franchise and remain in control of the team’s basketball operations. A spokesperson for the Mavericks referred all inquiries to the Adelson family. CNN has sought comment from Las Vegas Sands Corp.
Persons: Mark Cuban, Miriam Adelson, Adelson, Cuban Organizations: CNN, Dallas Mavericks, Vegas Sands Corp, Securities and Exchange Commission, Las, Mavericks, Cuban, NBA, Las Vegas Sands Corp Locations: Sands, Nevada, Macao, Singapore, Las
Mark Cuban is departing "Shark Tank" and selling his majority stake in the Dallas Mavericks. He's been outspoken about his interest in politics for years and almost ran for president in 2020. He denied on Wednesday that he's running for president, but what else could he possibly be doing? download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLater, Cuban revealed in a CNN interview that he seriously considered running for president in the 2020 race.
Persons: Mark Cuban, He's, , Miriam Adelson, Sheldon Adelson, ABC's, that's, Ross Perot, Joe Biden, who's, Trump, Mark Cuban's, John Boehner, Hillary Clinton, Donald Trump's, America's Organizations: Dallas Mavericks, Service, Hollywood, Mavericks, Cuban, Yahoo, Fortune, Gulfstream, Kroger, Republican, Texas, CNN Locations: , Texas, Dallas
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