JOURNAL ARTICLE

Adelson Heir Steers Mavericks, Plays the Long Game on Casino.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Miller, Matthew G.; Fine, Julie 3 of 3

Abstract

Patrick Dumont, the president of Las Vegas Sands Corp., recently purchased a majority stake in the Dallas Mavericks basketball team. Dumont, who is the son-in-law of billionaire Miriam Adelson, is looking to deepen the family's ties in Texas and promote the construction of casino resorts in the state. While gambling has faced resistance in Texas, Dumont and his family are committed to playing the long game and advocating for the benefits that casinos can bring to the state. The Adelson family has already begun recruiting lobbyists and increasing political spending to support their cause. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/06, pN.PAG
  • Document Type:Interview
  • Subject Area:Biography
  • Publication Date:2024
  • Accession Number:177899047
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