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Casino King Testifies in Vegas in Contract Suit

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Casino mogul and GOP super-donor Sheldon Adelson spent a rare afternoon in the public eye Thursday defending his decision to turn his back on a Hong Kong businessman who says he is owed $328 million.

The 79 year-old multibillionaire testified as the lead witness in a breach of contract case playing out for the second time in a Las Vegas court.

Adelson blazed a trail of casino riches in Asia after doing the same thing in Sin City as CEO of Las Vegas Sands.

In recent years, a series of former business associates have sued Sands for a portion of the geyser of profits from the Chinese gambling enclave of Macau.

One such businessman, Richard Suen, claims he made it possible for the casino company to win a license in Macau by arranging meetings between executives and Beijing officials in 2001.

On Thursday, Adelson said those meetings didn't help the company and noted that licenses are distributed by officials in Macau, not on the mainland.

Less than an hour after he took the stand, Adelson pulled out a handful of pamphlets put together by his convention business in the 1980s to illustrate his qualifications to enter the gambling enclave.

That prompted a call from Suen's attorneys for a mistrial.

"We have a witness who is attempting to take over this courtroom," Suen attorney James Pisanelli said.

Las Vegas Sands-Lawsuit.JPEG

AP

Hong Kong businessman Richard Suen stands in the courtroom before the beginning opening statements in Suen's lawsuit against Las Vegas Sands, Wednesday, April 3, 2013 in Clark County Regional Justice Court in Las Vegas. Suen is claiming Las Vegas Sands owes him $328 million for his help in winning a gambling license in Macau. (AP Photo/Las Vegas Review-Journal, Jeff Scheid) LOCAL TV OUT; LOCAL INTERNET OUT; LAS VEGAS SUN OUT Close

He said Adelson had stacked the multicolored brochures in a "dramatic fashion" that made an unforgettable impression on the jury.

Judge Rob Bare said the while the evidence was improperly introduced, none of the lawyers appeared to be at fault, and he would not declare a mistrial.

Adelson arrived at the Las Vegas courthouse wearing a suit and white shirt with his initials SGA embroidered on the cuff. The longtime supporter of Israel and the Republican Party made headlines last year when he became made the biggest political donation ever — nearly $100 million with his wife to help GOP candidates.

His wife, Miriam, led him into the courtroom but he approached the witness stand using a marble-handled cane. Suen's legal team had argued allowing a family member to take him to the stand would sow undue sympathy among the jury.

Sands' lawyers sought to limit media access to the mogul's testimony. They argued unsuccessfully to bar video and still photography from the proceedings, and later complained about the clicking noise made by a camera shutter.

Adelson's testimony was expected to last at least two days.

It's the second time Suen and Sands have faced off in court over the contract issue. In 2008, a jury awarded $58.6 million to Suen, but the Nevada Supreme Court overturned the verdict in 2010.

That court said the district judge shouldn't have allowed hearsay statements during the trial, and should have told the jury to assume Chinese officials were following local laws.

Buoyed in large part by his successes in Macau, Adelson has become the ninth-richest person in America, worth an estimated $26.5 billion, according to Forbes.

Asked on Thursday how many casinos he owns, Adelson paused and counted eight on his fingers. He later amended that to nine. When he met Suen, he owned just one casino — The Venetian on the Las Vegas Strip.

Suen, a former business partner of Adelson's brother, now seeks more than three times the amount he demanded in 2008.

Read more http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF3xr8q2LaVie39d1osboGOXJQflw&url=http://abcnews.go.com/US/wireStory/casino-mogul-testifies-vegas-contract-suit-18884919

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