Last week Las Vegas Sands Chairman Sheldon Adelson came out against legalized online poker, and now the poker community is coming out against him. Forum posters on TwoPlusTwo.com are proposing a boycott of the poker room at the Venetian in response to Adelson’s comments. (The Venetian is Adelson’s premiere American property.)
As of this writing, there was no formal organization to the movement, but the thread proposing the boycott had been viewed more than 4,000 times.
During a lobbying trip to Washington D.C. last week, Adelson told U.S. government officials last week that he was morally opposed to legal online gaming. He was especially concerned about the possibility of minors engaging in Internet gambling.
More than 80 percent of Sands’ revenue comes from foreign properties in places like Macau, so the impact of an American boycott could be limited on Sands and Adelson. Adelson is the 8th richest man in America.
Are you in favor of boycotting the Venetian to protest Adelson’s anti-iGaming stance? Let us know on our Online Gambling Laws and Regulation forum.