Las Vegas Sands head Sheldon Adelson illness echoes Macau bid history By Muhammad Cohen, Forbes March 1, 2019 at 6:33 pm Casino and political heavyweight Sheldon Adelson is being treated for cancer and has been away from the office since late December, according to media quoting Las Vegas Sands Corporation. The 85 year old chairman and CEO of Las Vegas Sands – his family holds a majority stake – and its Macau subsidiary Sands China Limited, Adelson reigns as the most powerful figure in Asian gaming. Thanks to Adelson’s visionary bet on a swampy landfill dubbed Cotai, Sands China has the most gaming tables and hotel rooms in Macau and vies with Galaxy Entertainment for the leading market share in the world’s top casino destination, with more than four times the gaming revenue of the Las Vegas Strip. Singapore’s Marina Bay Sands is an architectural icon and financial paragon as the world’s most profitable casino resort. Overall, LVS derives 90% of Ebitda from Asia.