An announcement was made by the Las Vegas Sands that chairman, Sheldon Adelson will be taking a medical leave for cancer treatment effective immediately. In the interim, President and COO Robert G. Goldstein will be the acting CEO and chairman.
The renowned company owns the Venetian and Palazzo hotel and casinos on the Las Vegas Strip.
The mogul first announced his diagnosis of non-Hodgkin’s lymphoma in 2019. Given his status as a Republican megadonor, the world has taken notice. In fact, Adelson recently gave $75 million to a super PAC that attacked President-elect Joe Biden in the leadup to the presidential election.
Adelson is a world-class figure who owns the Las Vegas Review-Journal, the largest circulating newspaper in the Nevada.
Let’s hope for a speedy recovery and resumption of duties.