Billionaire casino app12/21/2023 ![]() The sale comes as Cuban plans to bring a casino to Dallas. " to fund the purchase of a majority interest in a professional sports franchise pursuant to a binding purchase agreement, subject to customary league approvals." The sale is expected to be finalized before the end of the year. Cuban would keep a minority share while still retaining full control of basketball operations.Īccording to an SEC filing, the Adelson family is selling almost $2 billion in stock in the Las Vegas Sands Corp. The news first broke late yesterday when reporter Sham Charania posted on social media that Cuban would sell a majority stake to Adelson for $3.5 billion. Dallas Mavericks owner Mark Cuban has shocked many people with plans to sell his majority stake in the NBA club to another billionaire - casino tycoon Miriam Adelson.
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