If you caught the last Republican debate, Donald Trump and others were on stage in the Venetian Hotel in Las Vegas. That casino stands on the site of the former Sands hotel and is owned by the Las Vegas Sands Corporation whose owner is a major contributor to Republican Party candidates.
While the city of Venice rests famously upon a foundation of loosely spaced wooden piles covered with limestone plates, the Venetian Hotel & Casino was built on a foundation of dollars from the computer industry.
How did the computer industry, an industry known in Vegas by its annual visits to conventions as "non-gamblers," contribute to the making of the Venetian?
Remember COMDEX (1979-1995)?
It was the brainchild of Sheldon Adelson, the rapacious show organizer who parlayed his computer trade show into Las Vegas casino ownership and a billionaire's influence on the American Republican party.
As of June 2015, Adelson (with a fortune of $28 billion) was listed by Forbes as the 18th richest person in the world.
Now Forbes has put Adelson in the headlines again. This is the story:Read more...