Las Vegas Sands Corp. faces scrutiny in Macau and Spain
Source: Los Angeles Times
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"Las Vegas Sands Corporation, the casino behemoth run by
Republican fundraiser and billionaire Sheldon Adelson, is facing criticism for its operations in Spain and Macau.
The gambling company recently acknowledged it is likely that in Macau it violated the federal Foreign Corrupt Practices Act, an American law best known for banning bribery of foreign officials, according to Securities and Exchange Commission filing. It was the first time the company disclosed it was under investigation by the SEC.
In Spain, advocacy groups are protesting Las Vegas Sands' plans to build a giant 1,850-acre casino outside Madrid.
Tomas Gomez, leader of the Spanish Socialist Workers' Party in Madrid, said the project is creating "alarm, social regression and very suspect, very disturbing things."
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Read more: http://www.latimes.com/business/money/la-fi-mo-sheldon-adelson-vegas-sands-20130305,0,523119.story