Behind every billionaire there is a story!

In parking fight with Wynn, this round goes to Adelson

Sheldon Adelson won his latest bout with rival casino mogul Steve Wynn on Wednesday, a contest in which the billionaire Strip neighbors clashed over the seemingly dull issue of parking spaces.

Adelson, chairman of Las Vegas Sands Corp., won permission from local government leaders to provide fewer parking spots for his new convention center than next-door casinoman Wynn wanted.

The Clark County Commission granted Adelson a waiver reducing the number of parking spaces to 1,865, less than 60 percent of the number originally proposed.

Wynn’s concern is that conventioneers will poach parking spaces from his casino and others. He has long argued that Adelson has not provided enough parking for his properties.

Sound mundane? Not in Las Vegas, especially when it pits the world’s sixth richest man (Adelson) against rich guy No. 264 on the Forbes list of world wealth.

read the rest published by Las Vegas Sun here:

http://www.lasvegassun.com/sunbin/stories/lv-other/2007/dec/20/566610201.html