Connect with us

Hi, what are you looking for?

Jewish Business News


Judge Fines Adelson’s Sands China $250 Thousand over Steve Jacobs’ Suit

Jacobs was fired in July 2010 over an allegation of an unauthorized deal making, which he denied making.

Steve Jacobs

Nevada District Judge Elizabeth Gonzalez has slapped a $250, 000 fine on Sands China Ltd, the Macau branch of Sheldon Adelson’s Las Vegas Sands Corp, for withholding documents regarding a wrongful termination suit brought by former Sands China president and chief executive Steve Jacobs, Ggrasia reported.

Sands China was also ordered to cover some of Jacobs’ legal costs.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Sands China says it’s going to appeal the decision.

On January 6, 2015, Judge Gonzalez ruled that Jacobs could use the records of an investigation of Macau government officials, supposedly ordered by Sheldon Adelson, could be used by Jacobs’ attorneys, as long as they didn’t publicize their contents.

So far, Adelson denies he ever commissioned the investigation, saying it was all Steve Jacobs’ idea.

Jacobs was fired in July 2010 over an allegation of an unauthorized deal making, which he denied making.

In October 2010, Jacobs sued Las Vegas Sands and Sands China in for breach of contract and breach of good faith.

His lawyers demanded access to thousands of emails and other documents from the Macau casino, which Las Vegas Sands argued the Nevada court did not have jurisdiction over, since Sands China, as the name suggests, is located in China.

In 2012, Judge Gonzalez ruled that she had jurisdiction, since the documents in question had been sent from Macau to the U.S. by the defendants so their attorneys could look at them.

Lawyers aren’t as smart sometimes.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.