Online Poker News – Sheldon Adelson’s stance against online poker isn't any secret by now, and his strong and really rich opinion has some people nervous. Adelson, CEO of Las Vegas Sands, makes it very clear just how far he’s willing to visit “protect” the U.S. from online gambling. He’s threatened to “spend whatever it takes” on his anti-Internet gambling cause and in January of this year, he formed the Coalition to forestall Internet Gambling.
Adelson’s argument against online poker and online gambling is that it's morally wrong, preying on underage gamblers and other vulnerable sectors of society, as is explained within the bill he had drafted that might prohibit online poker regulations on the state level, including those who have already initiated regulations and feature experienced a successful market.
Adelson, being the landlord of Las Vegas Sands Corporation and the Venetian Hotel and Casino, has even taken a stand in his own poker site. Within the past, Adelson has allowed his poker site on the Venetian to run at its full potential, putting finances over his moral stand against online poker. But not anymore.
During a Mid-Stakes Poker Tour event that was a part of the casino’s Deep Stack Extravaganza series, poker media group PokerNews was prohibited from reporting live updates from the development just because the web news site promotes online poker.
The Venetian declined to comment, but many believe that Adelson is decreasing poker activity on his property. Last year’s tournament expanded from 59 to 119 tables, spreading into the Palazzo Hotel and Casino round the corner. But this year, the Venetian has restricted the series to simply their poker room, despite an original schedule that might have clearly supported more.
Furthermore, players have become shut out of the tournaments on account of an early registration deadline and cash game tables. With nearly double the tables of the nearest competitors, during non-WSOP time, the Sands Poker site on the Venetian is the most important poker site in Vegas.
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