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Miriam Adelson slashed her philanthropy as casinos closed due to Covid. Now, her business empire is recuperating

(JTA) – The casino company controlled by Jewish megadonor Miriam Adelson is paying its shareholders dividends again, potentially paving the way to a rebound for the family’s foundation. 

The Adelson Family Foundation — founded by Adelson and her late husband, Sheldon Adelson — has been a prolific giver to Jewish organizations, including Birthright Israel. The couple was also active in politics, supporting Republican campaigns. But after the casino industry flat-lined early in the pandemic, Adelson donations to charitable and political causes declined. 

Assets held in the family’s charitable trust dropped from more than $200 million before the pandemic to $37 million in 2021 as it distributed money to the foundation and other causes without being replenished, according to records filed with the IRS. 

The foundation’s grantmaking dropped to $80 million in 2021 from $100 million the year before and $117 million in 2019, according to IRS records. The foundation had only about $6 million in reserves at the end of 2021. More recent numbers are not yet available. 

The dip in giving has had a significant impact. The Birthright program, for example, saw its funding from the Adelson Family Foundation cut by half in each of the past two years, with a corresponding drop in free trips for young Jews to Israel. 

Now, Adelson’s business prospects appear to be improving. Her Las Vegas Sands Corp. announced that it would pay dividends to shareholders for the first time in more than three years as the company begins to recover from the pandemic-related downturn in global travel and hospitality. Adelson’s own personal payout is expected to be about $87 million for the quarter, a substantial sum but still a fraction of what she and her husband were regularly collecting before the pandemic. 

It’s unknown whether or when the cash infusion will spell a restoration of funding for the various organizations that have seen a drop in support from Adelson over a period of several years, which has included Sheldon Adelson’s death at 87 more than two years ago. Adelson’s representatives said she is not giving interviews at the moment; Michael Bohnen, president of the Adelson Family Foundation, declined to comment.

The list of organizations that have been buoyed by Adelson’s support is long and varied. It includes right-wing advocacy groups like the Maccabee Task Force Foundation, which operates on college campuses; the Israeli-American Council and Zionist Organization of America; U.S. fundraising groups benefiting the Israeli military; the Yad Vashem Holocaust museum and memorial in Jerusalem; and the Adelson Family Campus, a large Jewish day school in Las Vegas, where Adelson lives.

Jonathan Sarna, a professor of American Jewish history at Brandeis University, said he is confident in the Adelson family’s commitment to the charities it has supported. “The Adelson family has played a pivotal role in Birthright Israel and in the organization of the large community of Israelis in the U.S. through IAC,” he said. “They have also contributed to countless other Jewish philanthropic endeavors, including Jewish day schools and the Jewish community of Las Vegas. I have no doubt that the family will continue its tradition of philanthropic generosity.”

Andrés Spokoiny, president and CEO of the Jewish Funders Network, said the Jewish philanthropic world doesn’t rise or fall because of any one donor, even a philanthropist as prolific as Adelson. “The funding landscape is diverse and there is no sense of dependence on a single donor,” he said.

The Adelson name is also big in Republican politics: The couple broke a record for the most donations in an election cycle in 2020, with almost $173 million in campaign contributions. But the 2022 midterm election saw the newly widowed Adelson give only a fraction of that, with no contribution at all to the Republican Jewish Coalition, whose top patron became WhatsApp founder Jan Koum, who gave a $1.35 million donation to RJC’s Super PAC. 

The reinstatement of dividends was made possible by increased visitation to Sands casinos in Macao and Singapore in recent months, which generated revenues of $2.5 billion for the second quarter, double what they were a year ago. Executives at the company said business still hasn’t returned to pre-pandemic levels, suggesting room for further growth.

“In Macao, we were pleased to see the ongoing recovery now underway in all gaming and nongaming segments progress during the quarter,” Sands Chairman and CEO Rob Goldstein said during a conference call on July 19 with investors. “We remain deeply enthusiastic about the opportunity to continue our investments to enhance Macao’s tourism appeal to travelers from throughout the region, including to foreign visitors to Macao.”

As a result of Sands’ profitability, the company is paying shareholders a dividend of 20 cents per share. Adelson’s roughly 57% stake is valued at more than $35 billion, placing her among the 40 richest people in the world according to Forbes.  

Under Miriam Adelson, Sands has been lobbying to legalize gambling in Texas and is pursuing a bid for one of three licenses to operate a casino in New York. 

Sheldon Adelson, who founded Las Vegas Sands and served as its CEO as it grew into an international gambling and resort empire, died in January 2021, living long enough to see Sands revenues plummet because of Covid-related lockdowns. The following year, the company, now controlled solely by Miriam, sold its marquee Las Vegas properties, The Venetian and the Sands Expo and Convention Center, for $6.5 billion in a bet on its Asian casinos and resorts

It’s not the first time the Adelson empire has faced and recovered from economic headwinds. Adelson had begun expanding in Asia ahead of the 2008 financial crisis, borrowing heavily to finance the construction of new casinos and hotels. The company had lost billions as a result of the timing and the Adelsons paused much of their giving for a few years. 

Whether Miriam Adelson desires to shift philanthropic priorities following the death of her husband remains unknown. The 77-year-old, an immigrant to the United States from Israel and a naturalized American citizen, earlier this year criticized the judicial reform being pursued by the government of Israeli Prime Minister Benjamin Netanyahu, which was notable because of the Adelsons’ long-standing support for Netanyahu. 

Compared to her husband, Miriam has kept out of the public spotlight, with a significant exception in 2018, when Donald Trump awarded her the Presidential Medal of Freedom, the nation’s top civilian honor. A profile of her in the Guardian shortly afterward suggested that she had been far more influential in the couple’s activities than many realized. 

“Everybody says it’s Sheldon, but it’s Miriam,” Michael Cherry, a board member of the Las Vegas addiction recovery clinic that the Adelsons founded, was quoted as saying. 

Together with her husband, Miriam was the largest donor to Trump’s 2016 presidential bid. But she has not yet announced support for Trump this time around as he seeks to win the Republican nomination and get reelected in 2024. Earlier this year, Trump’s rival, Florida Governor Ron DeSantis, was reportedly courting Adelson and other Jewish conservative donors. DeSantis and Adelson were seen seated together at a dinner in Jerusalem. But Adelson has reportedly said that she does not plan to make an endorsement in the primary.


The post Miriam Adelson slashed her philanthropy as casinos closed due to Covid. Now, her business empire is recuperating appeared first on Jewish Telegraphic Agency.

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Israel Faces Dual Attacks as Houthis and Hamas Target Major Cities, IDF Expands Ground Operations in Gaza

A Houthi fighter mans a machine gun mounted on a truck during a parade for people who attended Houthi military training as part of a mobilization campaign, in Sanaa, Yemen, Dec. 18, 2024. Photo: REUTERS/Khaled Abdullah

Millions of Israelis scrambled for shelter overnight as Iran-backed Houthi terrorists in Yemen launched a ballistic missile at Israel, setting off air-raid sirens across the center of the country and the Jerusalem area, and was followed hours later by a Hamas rocket barrage targeting Tel Aviv on Thursday afternoon.

The Israel Defense Forces (IDF) reported intercepting the missile from Yemen before it entered Israeli airspace, while the Iron Dome intercepted a further three missiles from Hamas later on, triggering sirens throughout the metropolitan area. While there were no reported casualties, shrapnel from intercepted rockets was found in Rishon Lezion. The rocket fire came as the IDF expanded its ground operations in Gaza, warning Palestinian civilians to avoid the Netzarim Corridor, a strategic seven-kilometer road that bisects the enclave.

The United States has urged Israel not to respond directly to the Houthi missile strike, according to a Hebrew-language Ynet report citing an Israeli official. US forces already carried out airstrikes against the Houthis — who have targeted American and Israeli ships in the Red Sea and disrupted global shipping through the critical trade route — in recent days and told Israel to “allow them to handle the situation,” the report said.

Eitan Shamir, a security expert, noted that, regardless, it would not be wise — and neither within its capabilities — for Israel to secure the Red Sea without help.

“Achieving this objective cannot be accomplished by Israel alone and will require the involvement of the international community,” he told The Algemeiner. “The Israeli Navy lacks the capabilities to secure Israeli shipping in the southern Red Sea independently. Politically, it is also undesirable for Israel to take on the responsibility of addressing a problem that is internationally recognized, particularly since Israel is often accused of causing it due to its attacks on Gaza.”

Nevertheless, Shamir added, Israel’s “goal for ending the conflict is to ensure complete freedom of navigation to and from its waters.” 

Shamir, who is the director of Bar-Ilan University’s Begin-Sadat Center for Strategic Studies, also underscored recent US State Department decisions against the Houthis, including reinstating its foreign terrorist designation and its $15 million reward for information on its financing. Still, he said, “the impact of these actions on the Houthis’ blockade in the southern part of the Red Sea is currently unclear.”

Shamir highlighted reports suggesting that China was providing financial protection to the Houthis to ensure its own ships remain unharmed. 

The expansion of Iranian activities into the Mediterranean Sea has raised further concerns. Shamir highlighted the likelihood that Israel’s navy will need to increase its operational presence in both the Red Sea and Mediterranean, potentially requiring additional vessels to secure shipping lanes. Cooperation with the US Fifth Fleet and allied naval forces will remain crucial to maintaining stability in these waterways, he said. 

Shamir warned against unilateral action, saying, “It is not in Israel’s best interest to act unilaterally to deter the Houthis.” Instead, he urged Israel to let the US take the lead, including pressuring Iran, which “undoubtedly has influence over the Houthis, to stop the attacks on Israel.”

Meanwhile, the IDF targeted key Hamas and Palestinian Islamic Jihad terrorist operatives. Among those eliminated was Rashid Jahjouh, head of Hamas’s General Security Apparatus, who was responsible for maintaining internal security and intelligence operations, identifying and targeting “collaborators” and spreading propaganda. Also killed was Ayman Etsilah, a senior Hamas security official in Khan Yunis, and Ismail Abd al-Aal, a high-ranking figure in Islamic Jihad’s weapons smuggling network.

The IDF and Shin Bet confirmed that these operations were part of broader efforts to dismantle the leadership and infrastructure of terrorist groups in the enclave.

Hamas and Islamic Jihad, like the Houthis, are both backed by Iran, which provides the Palestinian terrorist groups with weapons and funding.

Several other Hamas leaders have been killed since Israel resumed strikes earlier this week, including Yasser Muhammad Harb Musa, who managed Hamas’s security portfolio, and Ayssam al-Dalis, the head of Hamas’s Gaza government. Mahmoud Marzouk Ahmed Abu Watfa, responsible for Hamas’s internal security, and Ahmed Abdulla Al-hata, the group’s Minister of Justice, were also among those targeted. 

The current escalation follows the collapse of a temporary ceasefire and hostage-release deal that lasted 42 days, during which the terror group released 30 living hostages and the remains of eight slain captives, while Israel freed nearly 2,000 Palestinian security prisoners.

The post Israel Faces Dual Attacks as Houthis and Hamas Target Major Cities, IDF Expands Ground Operations in Gaza first appeared on Algemeiner.com.

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BBC Apologizes to Israeli Embassy for Seeking Anti-Netanyahu Guest for News Program

Israeli Prime Minister Benjamin Netanyahu speaks at a memorial ceremony for those murdered by Hamas on Oct. 7, 2023, and those who fell in the “Iron Sword” war, at the Knesset, the Parliament, in Jerusalem, Oct. 28, 2024. Photo: DEBBIE HILL/Pool via REUTERS

The British Broadcasting Corporation (BBC) issued an apology on Thursday after a producer asked the Israeli Embassy to the United Kingdom to help the BBC find a guest who would be critical of Israeli Prime Minister Benjamin Netanyahu.

“This was a serious mistake which we have looked into,” the corporation said in a statement to The Jewish Chronicle. “It clearly falls well below our standards. We apologize unreservedly to the Israeli Embassy.”

Embassy spokeswoman Orly Goldschmidt shared Thursday on X that her team at the Israeli Embassy in London received a WhatsApp message from a BBC World Service producer, who was looking for guest who would appear on the television program “Newshour.” The producer said the show’s presenter would specifically like to interview “an Israeli military voice (can be former)” who would be “critical of Netanyahu” and Israel’s new ground operation in the Gaza Strip.

“We want someone who is going to be critical of Netanyahu and the ground offense (concern about remaining hostages, stretching the IDF capacity, destruction of Gaza or any other reason). Do you think you can help with this?” the producer wrote. Goldschmidt shared a screenshot of the message on X and denounced the comments, claiming that it shows “BBC bias (yet again).”

“Today my team received this remarkable message from a @BBC producer at @bbcworldservice,” she wrote. “They don’t want to interview someone knowledgeable, nor someone relevant, just someone who fits the predetermined narrative. There is nothing balanced or impartial about this.”

The British volunteer-led charity Campaign Against Antisemitism (CAA) said the incident is another example “of @BBC putting its thumb on the scale to report its narrative masquerading as news.”

“Another time the BBC is caught out. Another apology. For all the times the BBC is caught out, how many times is it not caught out?” CAA added. “The unrelenting bias on our televisions, from our radios and on the BBC website answers that question. How many more scandals do there need to before there is an independent investigation into the BBC?”

Others who have criticized the BBC’s most recent blunder include politicians in the UK, and international human rights activist and lawyer Arsen Ostrovsky.

The incident followed the BBC late last month pulling a documentary about Palestinian children living in the Gaza Strip during the Israel-Hamas war and apologizing for making “serious flaws” in the film after it was revealed that it was narrated by a Palestinian boy who is the son of a senior Hamas official. The BBC also acknowledged that licensing fee payments for the film “Gaza: How to Survive a Warzone” were given to the family of the Hamas official. The controversy sparked protests outside of the BBC headquarters in London, and an organization of pro-Israel lawyers in the United Kingdom reported the BBC to counter-terrorism police for possible terrorism offenses, which include allegedly funding a terrorist group.

The post BBC Apologizes to Israeli Embassy for Seeking Anti-Netanyahu Guest for News Program first appeared on Algemeiner.com.

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Germany Reopens Embassy in Damascus, Establishing Official Diplomatic Ties With Syria’s New Regime

German Foreign Minister Annalena Baerbock speaks during a press conference in Damascus, Syria, March 20, 2025. Photo: REUTERS/Khalil Ashawi

Germany reopened its embassy in Damascus on Thursday, 13 years since its closure during the early days of Syria’s civil war, as both countries work to strengthen their bilateral relations.

German Foreign Minister Annalena Baerbock visited Damascus — her second trip since the fall of former President Bashar al-Assad’s regime in December — to mark Berlin’s establishment of official diplomatic relations with the new Syrian government.

“I am here in Syria for the second time in around 10 weeks because the country and its future are on a knife edge,” Baerbock said at a news conference. “We can’t predict what will happen in a few months or perhaps a few weeks’ time.”

As a show of support for Syria’s nascent regime, Berlin reopened its embassy in the country in an effort to improve diplomatic relations, while pledging economic assistance and sanctions relief to aid the new government and the country’s reconstruction efforts.

Of the European Union’s 27 member states, only Italy reopened its embassy last year before Assad’s fall, while Spain did so after his ouster.

In a statement, Baerbock said her trip was intended to convey the message that “a political new beginning between Europe and Syria, between Germany and Syria, is possible.”

She also said there are “clear expectations that there is freedom, security, and opportunity in Syria for all people — for women and men, for people belonging to all ethnic groups and religions.”

Earlier this month, clashes between fighters loyal to Assad and forces aligned with Syria’s new rulers sparked the worst violence since the new government seized power, leaving over 1,000 people dead. In a series of confrontations, fighters supporting the new Syrian government carried out mass executions of Alawite Muslim civilians.

According to Syria’s interior ministry, the pro-government fighters conducted “sweeping operations” to dismantle the last “remnants” of Assad’s regime, targeting primarily adult men.

However, the ensuing mass killing of Alawites, who comprise roughly 10 percent of the Syrian population, has raised concern among the international community about the safety of minority groups in the country.

Syria’s interim President Ahmed al-Sharaa decried the massacres, claiming they undermined his efforts to unite the country and vowing to seek retribution for the violence.

“Syria is a state of law. The law will take its course on all,” Sharaa told Reuters. “We fought to defend the oppressed, and we won’t accept that any blood be shed unjustly, or go without punishment or accountability, even among those closest to us.”

In late January, Sharaa became Damascus’s transitional president after leading a rebel campaign that ousted Assad, whose Iran-backed rule had strained ties with the Arab world during the nearly 14-year Syrian war.

The collapse of Assad’s regime was the result of an offensive spearheaded by Sharaa’s Islamist Hayat Tahrir al-Sham (HTS) group, a former al-Qaeda affiliate.

During her visit on Thursday, Baerbock said the recent clashes had “massively cost confidence” among the international community. Germany’s top diplomat emphasized that the new Syrian government “must have control over the actions of the groups in its own ranks and bring those responsible to account.”

After the recent clashes, Syria’s new Islamist-led government — backed by Turkey — and the Kurdistan Workers’ Party (PKK) militant group reached a ceasefire agreement.

Under the new deal between the Kurdish-led, US-backed Syrian Democratic Forces (SDF) and the Syrian government, the SDF will be integrated into Damascus’s institutions. In exchange, the agreement gives the Syrian government control over SDF-held civilian and military sites in the northeast region of the country.

Baerbock praised the “historic” agreement and emphasized the importance of including other groups to ensure they feel like they are “part of a new Syria.”

Since Assad’s fall, the new Syrian government has sought to strengthen ties with Arab and Western leaders. Damascus’s new diplomatic relationships reflect a distancing from its previous allies, Iran and Russia.

The new Syrian government appears focused on reassuring the West and working to get sanctions lifted, which date back to 1979 when the US labeled Syria a state sponsor of terrorism and were significantly increased following Assad’s violent response to the anti-government protests.

The Assad regime’s brutal crackdown on opposition protests in 2011 sparked the Syrian civil war, during which Syria was suspended from the Arab League for more than a decade.

Earlier this week, European Union countries pledged to continue supporting Syria’s new leadership through both financial aid and sanctions relief, despite an outbreak of sectarian violence threatening the country’s stability.

Germany committed to providing €300 million in support for food, health, and other essential services for the Syrian population.

“As Europeans, we stand together for the people of Syria, for a free and peaceful Syria,” Baerbock said during the annual donor conference for Syria in Brussels.

The post Germany Reopens Embassy in Damascus, Establishing Official Diplomatic Ties With Syria’s New Regime first appeared on Algemeiner.com.

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