Casino royalty Sheldon Adelson and his company have been given a second chance in a Las Vegas courtroom. This second hearing will help Adelson contest the amount he owed to a Hong Kong businessman that helped him secure his business in Macau.
In 2013, the jury has awarded Richard Suen of the Round Square Co. Ltd $70 million. Whille the Supreme Court in Nevada wants to review the case again, it didn't take the possibility of Adelson's Las Vegas Sands Corp to still pay Suen. Juries in Clark County District Court favored Suen during its hearing last 2008 and 2013. Penalties and interests added up to $30 million as reported by Las Vegas Now.
According to the judges, they found an insufficient evidence to support the decision of the jury and a new trial regarding the issue of damages is greatly needed. This decision was welcomed by Adelson although the court has already rejected several appeals from his camp that said he didn't get a fair trial, ABC News reported.
According to Reuters, Ron Reese, the spokesman of the Las Vegas Sands, said the decision of the court has affirmed their position that Suen has failed to present substantial evidence for the damages. Suen's attorney, John O'Malley, didn't comment on the issue.
The Las Vegas sands are also the corporate owner of the Venetian and the Palazzo casino resorts that are located in Las Vegas. The company also runs four resorts in Macau.
Suen and his company were promised by Adelson to get $5 million and a 2 percent of the net profits in the casinos. He is now demanding more money due to the profit that the Las Vegas Sands in Macau got. Suen won the first case in 2008 but Adelson and his company won a new trial claiming that the jurors were presented with evidence that were inadmissible in court and merely hearsays.
