Gaming is dead when the corruption VIP is gone
PaulSideris Sep. 19 at 10:08 AM
"@PaulSideris: $LVS China to double punishment of corruption if the money is used for gamble (Xinghua)" $MGM $WYNN
Las Vegas Sands Corp. lost a bid to set aside a $101.6 million jury award to Richard Suen, a Hong Kong businessman who claimed he helped the casino operator obtain a gaming license in Macau.
Clark County District Judge Rob Bare at a hearing today in Las Vegas denied the request by Sands to enter judgment in its favor. The judge also rejected the alternative of ordering a new trial or cutting the jury award.
“What he said was, ‘Hey, if you get me the license, it is worth it,’” the judge said, referring to testimony by Sands Chairman and majority owner Sheldon Adelson during the trial, as he denied the casino operator’s request to lower the award.
Adelson, 79, testified that Suen, a friend of his younger brother Lenny Adelson, had contributed nothing to helping Sands get a concession in Macau in 2002. The Nevada jury in May awarded Suen $70 million in damages, to which Bare added $31.6 million in pre-judgment interest.
LAS VEGAS (AP) -- A Nevada judge has denied Las Vegas Sands Corp.'s request to throw out a jury verdict awarding a former consultant $70 million in a breach-of-contract case.
Attorneys for the largest U.S. casino company presented 12 reasons the company should be granted a retrial.
After hearing a full day of arguments Tuesday, District Judge Rob Bare declined to overturn the decision a jury reached in June.
Hong Kong businessman Richard Suen says he helped Sands win a gambling license in the Chinese enclave of Macau.
Suen first sued the company, which is owned by billionaire GOP super donor Sheldon Adelson, in 2004. A jury found for him in 2008, but Sands successfully petitioned for a retrial.
Sands is expected to appeal to the state Supreme Cour
Judge refuses Sands' appeal of $70M jury award
Detroit collapses, Google and Microsoft suffer $GOOG $MSFT $MS: black Friday for a over bought market.
how many ms shares can they buy ms shares with 500m? a joke...
CIC to sell 50% MS holdings 中投公司拟出售摩根士丹利近50%的股票
According to executives close to the investment company investing public messages, the investment company intends to sell nearly 50 percent of Morgan Stanley's stock.
CIC currently holds 9.97% of the shares of Morgan Stanley, co 150,782,379 shares. After the stake sale will be reduced to 5%.
CIC's 2007 acquisition of Morgan Stanley stock, hold nearly seven years, is considered the biggest failure of CIC sum of investments.
The stock sale is the new chairman Li Xiaopeng presided adjust investment structure as part of the case
January 28 news, while Samsung and Apple in the smartphone market, the competition for supremacy, the latest data show that Huawei has for the first time riding on a third market share of the top spot. This shows that China and other emerging markets, the rapid growth of smartphone users may change the pattern of the global market. According to research firm IDC, at the end of December last year in the fourth quarter, Samsung's smartphone market share from 22.5% in the same period last year rose to 29 percent; while Apple's market share declined slightly from 23% to 21.8%. At the same time, Huawei's market share rose from 3.5% to 4.9%, followed by Japan's Sony, share of 3.9% from the same period last year rose to 4.5%. Ranked fifth is another Chinese company ZTE Corporation (ZTE Corp.), The company's market share was 4.3%. IDC research manager Ramon Llamas said Huawei and ZTE ranks among the top five smartphone market, which marks a significant change in the global market has emerged. Of course, the Chinese mobile phone manufacturers in the global market share, compared with Samsung and Apple are still much smaller, Huawei also a time when the rise of Nokia and HTC in trouble on the occasion. And profitability is also a problem. Huawei week estimated that last year the company achieved a net profit growth, but the company has not announced the smartphone business profits. Huawei spokesman said the company is not only focused on the low-end market, the supply of high-end models also increased. Even so, Huawei's rise may still imply profound. IDC analyst Kevin Restivo said the market has unique advantages (such as lower cost) suppliers can quickly access to markets, especially in emerging markets. Samsung on Friday reported fourth-quarter profit rose 76 percent, but the company feels the cost of increased competition brought about by increasing pressure. Fourth quarter, Samsung Electronics mobile phone business margin fell to 17.4%, lower than the
June 18, 2013, published in London, Huawei smartphone flagship product P6, with numerous domestic smart phone conference different this time Huawei P6's attack, both in product technology, performance and design and price, all with a real milli no discount lethality, with a milestone. New opportunities have emerged! As handsets nationals, I have been eagerly looking forward to the rapid rise of domestic smart phone. Least be able to look at the end of Apple's era of Samsung's profits. A small cell phone, easily up and down the price of five thousand, equivalent to the price of high-end laptop. Actually still so hot, so that Apple and Samsung few amount of money was soft. In recent years, I have used almost all popular domestic mobile phone, the greatest feeling is the lack of surprise at first glance. Besides the obvious price advantage, there are various shortcomings of total product, the product as a whole was significantly weaker than Apple and Samsung. Typical such as millet, user experience and other details are fine, but you want to form a lethal Apple and Samsung, or obvious lack of skill. Include the use of recent years, Huawei's mobile phone and see each one is in progress, but are still lacking heat. I'm ahead of the release of the first two Zhouyou Xing playing Huawei P6, and finally the first time have suddenly feeling! Known association with the channel, and marketing known for millet different, the biggest advantage is Huawei cell phone technology. Huawei's mobile phone R & D has been a legend, or even ultra-luxury lineup. The channel, marketing and brand has been recognized by the short board. This is an experience Huawei P6, impressive not just technology and performance, its design and exogenous, as well as the interface and features are not weaker than Apple and Samsung, and a lot has been achieved beyond the obvious. More importantly, the overall transcend the same time, the price is almost the apple knife down the middle of Samsung's high-e