Group retracts allegation Sands’ Adelson tolerated prostitution

The Campaign for Accountability, a group that accused casino billionaire Sheldon Adelson earlier this month of tolerating prostitution at his Las Vegas Sands Corp. empire, has retracted that allegation, saying the information has been repudiated.
“Based on evidence provided by Mr. Adelson to CfA after its announcement, the allegation that Mr. Adelson tolerated and possibly promoted prostitution has since been repudiated,” the group said Tuesday in a statement. “CfA therefore retracts any statement asserting or implying that Mr. Adelson tolerated prostitution in any way.”
The Campaign for Accountability on Nov. 3 asked the U.S. Senate Committee on Homeland Security and Governmental Affairs and the Federal Election Commission to investigate Adelson, the 82-year-old founder, chairman and chief executive officer of Las Vegas Sands, the world’s biggest casino company with operations in Singapore, China’s Macau, and the U.S.
The group said it sought to determine the extent of the company’s connection to organized crime in China and whether funds tied to Chinese organized crime may be reaching American campaign committees. Christopher Palmeri, Bloomberg