Las Vegas Beats Macau As Wynn's Profit Surges
Steve Wynn's eponymous casino and hotel management company beat profit estimates and saw growth in both the Las Vegas and Macau markets. [...] more>>
Agustino Fontevecchia,Forbes Staff
Sheldon Adelson, the owner of the Las Vegas Sands casino empire, was dealt a losing hand in the November election. The Republican donated at least $53 million to super PACs backing Mitt Romney and a slew of defeated congressional candidates. But his casinos continue to win: shares are up more than 20% since the summer, despite an ongoing Federal investigation alleging LVS violated the corruption laws in its dealings in Macau. This March Adelson's LVS stated in its annual report that indeed it had likely violated federal anti-bribery laws in its dealings there. The company had previously denied any wrong doing. Adelson sold his computer convention, Comdex, to Softbank for $862 million in 1995. He built $1.5 billion the Venetian Resort in 1997 and the $1.9 billion Palazzo resort in 2008. Last spring he opened his third mega casino in Macao. Future targets: Japan and Europe. [...] more
Steve Wynn's eponymous casino and hotel management company beat profit estimates and saw growth in both the Las Vegas and Macau markets. [...] more>>
Agustino Fontevecchia,Forbes Staff
Finalization of NBCU deal is throwing off cash on both sides. [...] more>>
Steve Schaefer,Forbes Staff
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Steve Schaefer,Forbes Staff
Sheldon Adelson's outfit misses on the bottom line, but stock shoots higher. [...] more>>
Steve Schaefer,Forbes Staff
Harry Reid (D-NV), United States Senator from Nevada and Majority Leader of the United States Senate (Photo credit: Wikipedia) Half of the progressive blogosphere is on fire today over Friday’s DC [...] more>>
Rick Ungar,Contributor
of Peres to the conference as well as to the official opening of the Peres College in Rehovot – where former US president Bill Clinton will deliver the keynote address – smacks of his participation in raising funds to finance the conference, Shumer said. Former [...] more>>
—Tracy Krohn, W&T Offshore, $905,833 —Michael Saylor, MicroStrategy, $739,296 —Daniel Meyers, First Marblehead, $507,294 —Kent Thiry, DaVita HealthCare, $497,379 —Mark Frissora, Hertz, $493,609 —Brian Moynihan, Bank of America, $477,060 —Melvin Gordon, Tootsie [...] more>>
YORK (AP) - Wynn Resorts pays for founder and CEO Steve Wynn's residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000. Former IBM CEO Samuel Palmisano was guaranteed an administrative assistant and furnished office for life as a retirement [...] more>>
Salary | $1,000,000 |
Restricted stock awards | $1,825,000 |
All other compensation | $2,890,595 |
Option awards | $1,825,000 |
Non-equity incentive plan compensation | $6,304,461 |
Total Compensation | $13,845,056 |
Number of securities underlying options exercisable | 91,800 |
Number of shares owned | 61,140,431 |