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The family also owns Nevada’s largest daily newspaper, the Las Vegas Review-Journal. only operates casinos in Singapore and Macau. When the Sands was demolished in 1996, the company, by then under Sheldon Adelson's control, constructed the Venetian and Palazzo resorts at that location. The iconic Sands hotel-casino on the Las Vegas Strip, a Mob-connected resort in its early years, was famous for the Copa Room, a performance venue that hosted Frank Sinatra and the Rat Pack, among other well-known entertainers. Adelson, a medical doctor and widow of Las Vegas casino developer Sheldon Adelson, will retain more than 51% of the publicly traded casino company. is selling $2 billion of her shares to put toward the Maverick’s purchase, the AP reported. Under controlling shareholder Miriam Adelson, 78, Las Vegas Sands Corp. Venetian Built Where Mobbed-Up Sands Once Stood Cuban will retain control of basketball operations. The transaction could be finalized by the end of this year, according to reports. is buying a majority share of the Mavericks for an estimated $3.5 billion. The Associated Press recently reported that the family controlling Las Vegas Sands Corp. “I will say on the record the team is not moving anywhere,” Cuban told The Dallas Morning News. Dallas Mavericks owner Mark Cuban is selling a majority stake in the NBA franchise to a Las Vegas billionaire’s family but vows to keep the team in North Texas.

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