Connect with us

Hi, what are you looking for?

Jewish Business News

Court

Sheldon Adelson’s LVS Wins Trademark Lawsuit, $2 Million in Damages

Sheldon Adelson x640

Las Vegas Sands Corp (LVS), which is owned by billionaire Sheldon Adelson, has won a trademark infringement lawsuit against a number of Chinese online gambling websites that flagrantly used the group’s logo without permission, Casino.org said.

The 35 websites, each with non-descript URLs such as vns006.com, vns007.com and vns008.com, made liberal use of LVS’s intellectual property by plastering its logo throughout their pages, along with images of the Marina Bay Sands Hotel in Singapore, the website said.

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 [email protected].
Thank you.

It’s an act that would have appeared particularly provocative to Adelson himself who has vowed to spend “whatever it takes” to cleanse the world of online gambling, the report said.

LVS sought compensatory, punitive, consequential, and statutory damages, as well as a “temporary, preliminary, and permanent injunction” in order to put the kibosh on the operation, according to the website.

“The SANDS Marks are embodiments of the substantial goodwill and excellent reputation Las Vegas Sands Corp. and its predecessors have developed since 1952 as a premier provider of entertainment and casino services, ” LVS told the judge, according to the report.

“As a result of the Defendants’ blatant exploitation of Las Vegas Sands Corp.’s trademarks without Las Vegas Sands Corp.’s consent, Las Vegas Sands Corp. has lost control over the SANDS Mark. This loss of control over its goodwill and reputation is irreparable and Las Vegas Sands Corp. cannot be adequately compensated by an award of money damages alone”, LVS said, according to the website.

District Judge James Mahan ruled in favor of LVS, awarding the company $2 million in damages and granting a permanent injunction. But while the offending websites have now been removed, Adelson is very unlikely to get a sniff of that $2 million, the report said.

The owners applied for a privacy protection service when registering the URLs, preventing themselves from ever being identified, and have now disappeared into the ether, very likely with players’ funds, the website said.

In other Adelson news, the LVS Chairman has been revealed to be the major donor behind a mysterious and hawkish anti-Iran pressure group called United Against Nuclear Iran, according to the report.

The group, which advocates blockades of food and medicine to the Islamic Republic, derives one third of its funding from the casino magnate, it was revealed this week. This may further explain why in February LVS was the object of a cyber-attack, believed to have emanated from Iran, the website said.

The attack crippled the company’s systems, plunging LVS into chaos for two days, as malware ripped through the company’s networks, flatlining servers and wiping hard drives clean as it went. It’s believed the entire attack caused LVS some $40 million worth of damage, the report said.

Adelson has made no secret of his antipathy toward Iran and his opposition to the reopening of negotiations about its nuclear program, the website said.

Newsletter



Advertisement

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...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

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

Travel

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...