The Adelson Family will buy a significant stake in the Dallas Mavericks, according to a report from Marc Stein.
Not familiar with the Adelson name? Well, a Bloomberg report from just about an hour before Stein’s report will help put all the pieces into place. Apparently Miriam Adelson, widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in an unidentified professional sports team.
All indications are that 2 + 2 equals 4 here and that the Adelson Empire is about to elbow up to the dinner table in Dallas.