C.E.O. Invests $475 Million in Las Vegas Sands

2 October 2008

Sheldon G. Adelson, chief executive of Las Vegas Sands Corporation, has attempted to bolster his gaming company by placing $475 million of personal money back into the company account.

However, Mr. Adelson’s investment to advance developments and strengthen liquidity went unnoticed on Wall Street as shares for the Sands dropped 13 percent on Wednesday, and by Thursday afternoon, it fell another 16 percent.