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February 9, 2010

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Adelson makes bet on Las Vegas Sands

(via The Wall Street Journal) · October 1, 2008 · 11:50 AM

In a sign of how credit turmoil is forcing companies to look for new sources of funding, Sheldon Adelson, the billionaire chief executive and major shareholder of Las Vegas Sands Corp., agreed to loan his gambling company $475 million of his own cash, the Wall Street Journal is reporting.

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