Las Vegas Sands paying $7 million to settle corrupt practices probe

U.S. authorities say billionaire Sheldon Adelson’s casino company is paying almost $7 million to settle a foreign corrupt practices investigation of the firm’s former relationship with a consultant in Macau and China. Justice Department and FBI officials said Thursday the agreement with Las Vegas Sands Corp. resolves a probe into more than $60 million paid to an unnamed agent retained in 2006 for business dealings including efforts to acquire a Chinese basketball team.