Las Vegas casino mogul and longtime Republican donor Sheldon Adelson is reportedly receiving treatment for a form of cancer that has kept him from working since around Christmas.
He is expected to return to the company he founded after completing treatment.
The Associated Press reported that 85-year-old Adelson hasn’t been at the offices of Las Vegas Sands Corp., where he serves as CEO, since the end of December.
Adelson also didn’t take part in a January earnings report conference call with analysts and investors, as he typically does, which raised questions about his health.
At that time, company president Robert Goldstein explained that Adelson’s absence was the result of him being “a little bit under the weather.”
“We met with him yesterday,” Goldstein said during that conference call. “He’s taking some medications making him a bit drowsy, so he decided this morning to take a rain check on this one.” But it turned out to be worse than once believed.
The severity Adelson’s health issues was first revealed earlier this week during a court hearing as part of a long and ongoing legal dispute with a Hong Kong businessman, when an attorney for Adelson said the CEO could not sit for a deposition in the case due to “the dire nature of Mr. Adelson’s condition.”
In an emailed statement on Thursday, Las Vegas Sands Corp. spokesman Ron Reese confirmed Adelson’s condition.
“Mr. Adelson is still dealing with certain side effects from medication he is taking for the treatment of non-Hodgkin’s lymphoma,” Reese said. “These side effects have restricted his availability to travel or keep regular office hours.”
But Reese noted that Adelson has still been capable of fulfilling most of his duties as CEO and chairman, and is expected to return to the office once his treatment is complete.
Big-time GOP donor
Adelson is no doubt in the prayers of Republicans and President Donald Trump, who has received immense support from the billionaire casino mogul.
During the 2016 election, Adelson and his wife, Miriam, donated $30 million to the election efforts of then-candidate Trump.
Adelson also donated upwards of $100 million to Republican efforts in 2018 that helped the party maintain control of the Senate and stem losses in the House after midterms.
Hopefully, prayers for his wellbeing will be answered, and Adelson will soon be able to get back to helping make America great again.