Norm! column

Sept. 17, 2006

Adelson-Wynn feud opens Asian branch

[Hear this show by clicking here]

Sheldon Adelson wishes Steve Wynn well, sort of.

Wynn recently became the latest gaming giant to open a hotel and casino on Macau, where Adelson has a version of The Venetian. There's no sugarcoating their feud. Adelson grudgingly welcomed Wynn to Macau, a Special Administrative Region of China, in an interview with Newsweek freelancer Steve Friess of Las Vegas.

"If someone in Macau does bad, it reflects upon us. So I certainly hope they do well," Adelson said.

"Do I like Steve Wynn? No, I'll tell you that right upfront. His standard of principles are, uh, somewhat different than our standard of principles. Do I want the main individual involved here to be successful? No, because of the way he practices business and life and interpersonal relationships. I don't think he deserves it.

"But we want them to be successful because we don't want the world to say Macau is going down," Adelson said. The interview can be heard on www.thestrippodcast.com.

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