the only way i could prove it is to do it and succeed. >> adelson did not just succeed.e dominated. his first resort, the sands macau, was so successful he made back the $265 million investment in the first year. >> 30,000 people showed up. we are not know how many exactly, because when they came in, they knock the doors down. >> he went on to build a massive hotel. and the 2900 room venetian macau. he plans on adding another property to be completed by the end of 2016. bringing the grand total to over 10,000 rooms. if he has his way, visitors would never leave. >> we are now developing enough retail malls of different types. you can be in 3000, 6000, 12,000 or 15,000 hotel rooms and never leave the building. i will give you a short anecdote. i had a friend from boston that came in with his wife. they came in on thursday. on monday, he said, how is the weather? i said, you have not been out? he said, why would i go out? everything i want is here. >> lawrence ho is talking about shows that are coming in. it is retail, it is restaurants. they are copying you. >> yes they a

adelson first began in the convention business in 1979.e eventually sold that and other shows for hundreds of millions of dollars. he bought the original las vegas sands hotel. he replaced it with the venetian it is the first integrated resort of its kind. sound familiar? in macau, he has built another venetian. this is what adelson says made him stand out among other casino tycoons. >> i was listening to you speak, and you mentioned you wanted to build a las vegas in macau. how come no one else saw that? >> i guess that is what vision ary is made out of. >> people thought you were crazy. >> of course. i have been in dozens of businesses. every time i go into business, everybody thinks i am crazy. nobody wants to recognize that doing something different is viable. nobody wants to recognize that. the only way i could prove it is to do it and succeed. >> adelson did not just succeed. he dominated. his first resort, the sands macau, was so successful he made back the $265 million investment in the first year. he went on to build a massive hot

we carry that torch. ♪ >> sheldon adelson may be trying to conquer macau. patriarch stanley ho's industry is far from failing. we spoke with pansy ho, his daughter. she says gaming in macau is still a family business. >> you are the richest woman in hong kong. >> i don't know how they calculate it, but they say so. >> you are part of a legendary hong kong family. you have an added responsibility. >> we feel like we have that sense of a legacy. there were 450 years of portuguese presence in macau. my father helped create the foundation for macau today in terms of creating the largest industry, the gaming industry. we would very much want to help grow macau to be something that is more exciting and important. we carry that torch. >> pansy has a 27% stake in mgm china, which owns the mgm macau property. the casino made $3.3 billion in revenue last year. >> you have this partnership with mgm. first off, how is that relationship going? >> it is going very well. i think this is the moment we are both resting on our laurels, and we have done fantastically well, es

the editorial, the op-ed piece today by bill gates, by warren buffett, talking about, and sheldon adelson, telling the american people basically you don't understand, we know what's best and you should be doing what the gang of 8 did in the united states senate and the republican party should set aside their values, beliefs, principles and do exactly what this president says do. >> largely their article focused on people who came for study. gained an advanced degree and if they want to stay and invest their talents, and you know what? i got no problem with us figuring out a way to capture the best and the brightest around the world. that's not what we're talking about, we're talking about hundreds of thousands of drug dealers, terrorists, people who can comacross with a rocket propelled launcher on their shoulder. that's what we have to be worried about, and nobody ought to be talking about the reform until you secure and seal the border. lou: and did you notice, governor, one omission in that op-ed, they didn't mention a single item of direct benefit to working men and women in our middl

they grossly underestimated me. >> sheldon adelson did not just succeed, he dominated. first resort was so successful he made back the initial $265 million investment in just the first year. >> 30,000 people showed up -- more than 30,000. we do not know the exact number because as they waited to get in they knock the doors down. >> sheldon adelson went on to build a massive 6400-room central and the 2900 room venetian macau. as many of sheldon adelson's here's have -- peers have noted is it is his success that is leading las vegas in the dust. >> did you ever think macau would surpass las vegas in the way it has? >> yes. >> what convinced you? >> when we first applied there billion.$2.5 when we first opened las vegas sands, 5.5 early in dollars. 2 billion that -- $3 billion in two years. the business was there. i thought it was going to grow because there are 1.3 billion chinese. , atlantic city has seen the opposite. casino revenues have fallen almost every month for the last eight years, following -- forcing gaming resorts to close. casino, which filed for bankruptcy

warren buffett, bill gates can gets together with sheldon adelson. why can't congress make a deal? and see why this japanese politician is crying. he's upset because he didn't want to see lebron go to cleveland, wanting to stay in miami. we'll explain. tion is here. ♪ ♪ during the cadillac summer's best event, lease this 2014 ats for around $299 a month and make this the summer of style. ♪ [ female announcer ] f provokes lust. ♪ it elicits pride... incites envy... ♪ ...and unleashes wrath. ♪ temptation comes in many heart-pounding forms. but only one letter. "f". the performance marque from lexus. >>> welcome back to "power lunch." the weakest sector in the s&p 500 today is energy. currently trading, you can see there down towards their -- i call it the session lows. this as oil prices continue to fall. now leading the way downward in the energy sector, cimarex, newfield, cabot, chesapeake, so a mix of names. there are a lot of big names to the downside. back to you. >>> dom, this is contrition, a japanese politics accused of spending thousands of public money on 345 trips in the l

the wildcard is shadow -- is sheldon and the -- his sheldon adelson.would be a big deal. >> why hasn't the business community have marks -- have more success in this debate? there will be more men is that more businessmen pushing for immigration reform. more businessmen pushing for immigration reform. >> really the business -- community business lobbying interests don't swing the same way they used to. both parties are playing to their more populous basis these days. -- business does not resume does not resonate the same it used to. they're also not talking about the same immigration issues other folks are talking about. they are talking about wealthy and educated immigrants. that is not the same core issue on the border right now for democrats. >> thank you very much. topic that -- a that is tonight at 9 p.m. washington time here on bloomberg television. end of his time in office president george w. bush was the last politician republicans wanted to campaign with. same with mitt romney after his 2012 loss to president obama. both are now at the center

the other thing to watch here is adelson's participation.s his money where his , this op-ed could mean a whole lot more. >> what is it that buffett, gates and adelson say they are most worried about? illegal immigrants into citizens who can contribute over the long term to america, and the humanitarian crisis we see unfolding on the border right now with all these undocumented children coming into the country, or are they talking about something that serves corporate interests such as high-tech workers? >> you touched on something that has been a criticism. they are talking in broad terms about dealing with the 11 million undocumented workers. there are specific items in their op-ed that refer much more to the business component, the high-tech workers who are being forced to leave the country after they go to graduate schools because there are not visas for them. visas foralking about wealthy immigrants who come to the country and invest in the u.s. they would like to see that program expanded. that is not into you and with the rank-and-file

sheldon adelson. here's his take on the chinese gambler. is the number one activity.hey gamble. it is a focused trip for them. >> the government wants to diminish its reliance upon the gaming and they want to attract leisure customers that will come for sightseeing. we have done a lot of surveys. , particularlyshow in asia, people travel for two reasons. sightseeing and shopping. why are we getting to visitations from each visitor to macau? there are other things for them to do besides gamble. with the cochairman of mgm china and daughter of macau casino billionaire. she says chinese gamblers are changing. >> we are beginning to see the customers coming throughout are more demanding. they know how to differentiate. they will ask you how many restaurants are there in your facility. one restaurant, is an italian or french? in the beginning, they would not care or they would not know. be much moret to experimental. they want to know what it is. they becoming more like western tourists? >> absolutely. they are beginning to know and that they are beginning to do research p

adelson has sheldon property there. they are doing very well.s -- japan is the next place they're looking at. >> which one is cheesier? [laughter] how atlantic city is. >> why do you got to call it cheesy? you are judging and they are making billions. i'm siding with the billionaires. >> "titans at the table" tonight with bloomberg's eddie luke. ♪ >> that would be it for "market makers those quote but i want to share the most special moment of k'say -- when eri pronunciation was corrected -- let's relive that moment for one second. >> for the record -- it is not kyoto. >> kyoto was the place they really exhibit that. >> what does it tell you that readers would choose here though and not -- >> kyoto. [crosstalk] >> i just love that -- erik schatzker, linguistic superstar getting corrected. >> don't you think i took that pretty well? >> i'm just saying it was a little moment of joy. >> for me, is just another day. , pink floyd,uber frozen yogurt and erik schatzker got corrected. >> it could turn out to be disney's billion dollar bargain or billion

the title of it: "sheldon adelson, warren buffett and bill gates on immigration reform." well, what did we see in the newspaper today, news from microsoft? was it that they are having to raise wages to try to get enough good-quality engineers to do the work? are they expanding, are they ierg? hiring? no, that's not what the news was unfortunately. not that at all. this is the headline at microsoft today -- "microsoft to cut up to 18,000 jobs next yea year." "microsoft confirmed it will cut up to 18,000 jobs over the next year, part of the tech titan's effort to streamline its business under new c.e.o." that is a significant thing. indeed, microsoft employs about 125,000 people. they're laying off 18,000. and the company laid off 5,000 in 2009. yet their founder and former leader, mr. gates, says we've got to have more and more people into our country to take those kind of jobs. it's pretty interesting really and we need to be thinking about what it all means and asking ourselves, what is the situation today for american graduates of stem degrees and technology degrees. do

obama supporters warren buffett and bill gates and conservative sheldon adelson don't share a lot of beliefs but they say they are taking more pride in beating opponents than helping america. a lot of the illegal immigrantses are children crossing the border. congress is hung up on the request fighting over whether the kids should get a full court hearing or be immediately deported. >> tonight the centers for disease control is shutting down labs after mistakes that could have exposed people to live smallpox and anthrax. the head of the cdc is furious revealing two of the vials of smallpox discovered contained the live virus capable of contaminating people. they should have been destroyed 40 years ago. cdc workerses were exposed to bird and anthrax from mishandled samples. >> i'm astonished this could have happened. i'm upset, actually. i lost sleep over it. i'm working around the clock to do everything possible to resolve it. >> no one was infected in any of the cases. >> today was calm compared to most of the week. our storm is making a comeback this weekend. let's check on the wea

the richard melon scaife, soros, you know, the guys that we've all become accustomed to, sheldon adelsonwing money into politics. what makes these guys different and more interesting and maybe even more formidable? >> you know new york some ways these guys have been playing a very long political game. for charles koch, this goes back to the '60s. it's been a campaign of institution building, methodically funding advocacy groups, think tanks, things of that nature. and at there point they now really have what you could call a shadow political party within today's republican party. they were able to raise $400 million in the last election, that's how much the republican national committee... >> jon: it's interesting. it's not all their money. >> it's not. they brought together a lot of donors. they're probably contributing the minority of the money to these political efforts. they have 300 or more high-net worth individuals who are contributing to these causes. >> jon: why do you think they want so desperately to remain anonymous? >> this is something that goes back to their dad, fred koch

in a new york times editorial today, investor warn buffet, bill gates and casino magnet sheldon adelson says reasons why immigration reform is good for the country. >> the shares of some mortgage insurers fell in reaction to proposed regulations. the federal housing finance agency wants to tighten requirements for private insurers that do business with fannie mae and freddie mac, companies like mgic, radian group and genworth. it will make sure they have enough money on hand to pay claims. investors weren't pleased, shares of mgic fell and radian fell and genworth down by 2.5%. >>> a move that would combine two of the biggest tobacco companies. there is a lot of speculation but now the cigarette makers are confirming talks and in discusses with britain's imperil tobac tobacco. shares down to 61.75 and lirillard to $61 and change. >>> shares of amazon jumped on news the online retailer asked aviation regulators for permission to conduct outdoor drone tests near the seattle headquarters. the company hopes to deliver packages by drone. the strong rose to $346.20. >>> shares dropped and rev

of republicans shelly adelson dumping one hundred million into our democracy wall street executives having a change of heart trying to buy up seats in the senate is just two examples of the rampant robbery that's a taking over american politics which is something that would be considered both immoral and illegal in virtually every other developed country in the world thanks to the united states supreme court and decisions like citizens united buckley vs alayo and the buckley case of course written by lewis powell we could take this all the way back to the infamous paul memo the wealthy elite and corporations in this country have slowly but surely been able to gain near total control over our democracy and political system is the wealthy elite and corporations are profiting from their investments in washington the rest of us are living in a very different america than we had just a generation ago it's now in america that despite our great wealth looks more and more like a third country every day. our entire infrastructure from our roads and bridges to our electric grids and transportation s

tallahassee police say they've questioned adelson but have not named her or anyone else a suspect.orter: adelson's attorney said his client is devastated and scared because she doesn't know who did this or why. and at this point, neither do police. for "good morning america," matt gutman, abc news, miami. >> let's talk to dan abrams about this right now so the biggest clue, no sign of forced entry. what does that tell you. >> that in conjunction with the fact that he was shot in the head has made it clear to the authorities that this was targeted. this was not random. it wasn't a break-in. it wasn't a robbery. that he was the intended victim here. and i think that's the reason that they've gone public with that information. they want to reassure the public there, the neighbors, et cetera, you don't have to worry, there's not a killer out there on the loose. this was someone who was specifically targeted and that's a really important clue. >> that's why they start to focus on everyone who might have known the free fesser. >> we tend to always talk about the personal side. he was inv

story, sheldon adelson, warren buffett and bill gates challenged congress to get together on a plan. >>> it's not even a year old yet but the bay bridge is getting a pricy face-lift. the "chronicle" reports workers are removing thousands of steel particles that got embedded into the tower's white finish and rusted. they were created when the tower pieces were being connected. now the real dirty truth? clean-up and repainting will cost close to $1 million. >>> montana versus marino. nfl legends return for a farewell to candlestick. vern glenn when they get ready for the final face off. >> how is this for getting your motor running? a stranded drive gets a surprise under her hood. ,,,, ♪ whoo! mmm! ♪ ♪ oh, yeah [ male announcer ] discover your new orleans. start exploring at followyournola.com. probably not getting a tip.t took just a couple seconds >>> it's save to say this poor valet is probably not getting a tip. it took just a couple of seconds for him to lose control and destroy a guest's lamborghini. it's all caught on surveillance video in this five-star hotel in deli. he accele

there are 107 days from now, this sunday to election day and i'm told that shell don adelson, the bigo owner, meeting with republican strategists, they've shown him the senate map, briefed him on the candidates. they've showed him all the polling and he says he wants to make a huge commitment to help republicans take back the senate, a commitment that could be one source in the meeting tells me up to $100 million. we'll keep an eye on that one as we go forward. >> wow. >> that's it for "inside politics." thanks for sharing your sunday morning. we'll see you soon. "state of the union with candy crowley" starts right now. >>> as international teams try to recover the dead and protect the evidence, personal tragedy and global consequences unfold on the ground in eye war zone. the downing of malaysia airline flight 17. >>> today, the u.s. secretary of state. >> we know for certain that the separatists have a proficiency that they've gained by training from russians. >> john kerry with the latest intelligence information, and whether he trusts anything vladimir putin has to say. >>> and --

buffett, gates and adelson want sweeping immigration reforms, not happening, not this year but the most pressing question is can the president and his critics especially house republicans get past the war of words we've seen in the past week and find common ground how to deal with the pressing border crisis, molly ball, the surge of the undocumented children. they're talking at and past each other. there seem to be some seeds of compromise. will they get it done? >> i think this coming week may be the week we finally start to find an answer to that question. there is a lot of aagreement that something needs to be done and i think this past week was largely consumed with the side show whether the president ought to go to the border and a lot of this partisan finger pointing over why we're in this situation to begin with. when you get down to it, democrats and republicans agree something has to be done about this immediate crisis. congress has said that, in some ways they don't like the president's request and i think there will be pressure on them this week to say what they do inste inst

they come from bill gates, warren buffett, and sheldon adelson.y the republican-let house has failed to revamp immigration laws and tens of thousands of children are pouring in from mexico. , the odds-on favorite to win the world cup. the one-sided semifinal victory winning overas bettors. germany will face argentina on sunday. the game is happening -- are you going to watch it? we will certainly be watching it. it is argentina's first trip to the final in 23 years. those are the top headlines. >> go argentina. >> you were counting on them. >> yes, all along. 3:00 p.m. i am told sunday afternoon. let's get to our single best world cup chart. >> no, this is not on world cup, this is on summer blockbusters specifically and the lack thereof. as we head into another summer weekend, we focus on the summer box office, and this is the summer to beat so far. we have had a pretty steep drop-off from the summer of 2013, which featured some pretty big bombs like "lone ranger" by disney. this is according to box office mojo, which shows that summer box office

. >>> sheldon adelson, warren if you have bewarren buffet and bill gates wrote, you don't have to agree on everything in order to corporate on matters in which you are reasonbly close to agreeing. it's time that this brand of thinking finds its way to washington. >>> the cdc has transferred samples of germs recently. >> reporter: it raises questions about how safely the cdc is doing its work. it's director admitted to mistakes and called it totally unacceptable. >> i'm disappointed by what happened, and frankly i'm angry about it. the american people depend on us 24/7 to protect them. >> reporter: the case has raised questions about the agency's ability to handle deadly materials safely. in the case we knew about last month, dozens of cdc employees may have been exposed to anthrax. now in a new report the cdc also accidently shipped a dangerous strain of the bird flu to another lab. >> to put our workers is the risk is totally unacceptable. i'm upset, angry, i've lost sleep over this, and i'm doing everything possible to stop it. >> reporter: the c dc's report lists mistakes at several

sheldon adelson, warren buffet, and bill gates published a op-ed said reform is long overdue. they right you don't have to agree on everything in order to cooperate on matters about which you are reasonbly close to agreeing. it's time that this brand of thinking find its way to washington. >>> a group of citizen who is once patrolled the 1900 miles is thinking about making a comeback. jennifer london reports. >> reporter: it's been years since jim has driven through this decembe desolet part of the desert. >> this is a fence that separates the united states and mexico. it's made out of steel metal blitz that were used as landing platforms in the vietnam war. >> reporter: this is something that he and others see as another war. a band of civilian who is took up arms along the border. >> my country is not a nation governed by the rule of law. it's governed by 553 members of the u.s. house, u.s. senate who for whatever reason have recklessly disregarded and ignored endorsing the law and protecting these foreigners. >> reporter: one of the best views of the borders. >> it was one

impact of these kinds of debates -- just a few days ago you had warren buffett bill gates, and sheldon adelson congress for not being ofe to achieve some kind comprehensive immigration reform. the impact on this on the world economies? >> there are a couple of aspects one has to appreciate. on the one hand, it is absolutely true that free mobility of labor would have an impact on global incomes, that is an order magnitude greater than the free mobility of capital. the agenda the u.s. has pursued that a free mobility capital, has been driven not by on the grounds of global economic efficiency -- it is that banks that wanted this. on the other hand, both the movement of capital and labor can have disturbing effects. we saw how free mobility capital from short-term capital, can cause crises. we also know migration of labor has -- has social adjustments processes that have to occur. one of the real concerns and increasing concerns, say in a country like the united states, is that how do you share the benefits of globalization? arethere are wages that driven down. being come in the middle of the un

we need a functioning republican party and i think you see smart people -- you saw sheldon adelson'sd warran buffet's op-ed about immigration reform and he understands there is an economic component. the republicans have no chance of winning the white house if they are getting 28% of the latino vote. the will lose colorado, nevada. they will lose new mexico, florida. they can even lose arizona. >> there are many subjects i can talk to you about. there is one subject i cannot talk to other people about because you have unique expertise. it is this man who is president of the united states. you were, it is fair to say, at the time you joined his senate campaign a guy who loved politics. you wanted to be involved in politics and had participated in campaigns. what drew you to barack obama in his senate campaign? and was that initial impression not only the deepest impression but the impression that has continued? >> my partner in crime, david axlerod, and barack obama were friends. they got us involved in the senate race when he started out in fifth place and nobody gave him a chance to

so this is sheldon adelson, warren buffett, and bill gates?ogether penning a joint "new york times" op-ed calling for an overhaul of the current system this is an issue that is not going abay. what do you think, veronica? >> it is not going away. americans know something needs to be done what but happens who knows. there is business there are things you can learn from. maybe these guys can go to washington and give washington folks a bit of a tutorial how to get a deal done. melissa: three of us vary in our politics. we would differ on preferences on the details but we hope facts hold a lesson. you doesn't have to agree on everything to agree to cooperate on matters you are close to agreement. i don't know. >> it's a mess. i don't care if you're a billionaire or on welfare we all know it's a mess. the problem, they didn't come up with a plan. what did they really say? they want the administration to do something. we all want the administration to do something. just do something. melissa: i don't want them to just do something. that is how we g

that gridlock, three billionaires who backed comprehensive immigration reform, conservative sheldon adelson, obama supporter warren buffett, and microsoft's bill gates today together charge that lawmakers here on capitol hill get more prize from beating their opponents than from advancing america's agenda. i'm steve handelsman, news 4. >>> frederick birk police will be working overtime this weekend to keep children state of. the department is digging into its overtime funds to keep children away from a quarry where an 18-year-old drowned this week. family sxr friends say anthony johnson knew how to swim, but he drowned because of muscle exhaustion. >> crews filled the hole, but there's still a question of why did it happen. news 4's derek wards live in d.c. it looks like we haven't seen the last of sinkholes there. >> you know, probably not. take a look at that metal plate there. that's where the sinkhole used to be, and just beyond it is constitution avenue which actually used to be a canal. now, what's the connection between the two? well, it's a theory that sometimes the past doesn't sta