Campaign for Accountability Retracts Statements Against Las Vegas Sands' Adelson (LVS)

On November 3, 2015, the Campaign for Accountability ("CfA") announced that it had asked the Senate Committee on Homeland Security and Governmental Affairs and the Federal Election Commission to investigate Sheldon Adelson, chairman and CEO of the Las Vegas Sands Corporation to determine the extent of their connection to organized crime in China and whether funds tied to Chinese organized crime may be reaching American campaign committees.

In publicizing these two filings, CfA made certain statements regarding Mr. Adelson that it now retracts. 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. CfA therefore retracts any statement asserting or implying that Mr. Adelson tolerated prostitution in any way. CfA apologizes to Mr. Adelson and his family for resurrecting allegations that have caused him deep hurt.

CfA further apologizes for and retracts its statements regarding Mr. Adelson's potential current connections to organized crime and possible illegal campaign contributions. The available evidence supports further investigation into these alleged matters but does not support the statements made by CfA outside of its filings with the Senate Committee on Homeland Security and Government Affairs and the Federal Election Commission.

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