The event arranged the Ambucycles in the form of a menorah all across Safra Square in Jerusalem.
Adelson helped build the university's Dr. Miriam and Sheldon Adelson School of Medicine Building.
The honorary doctorates will be awarded at a special ceremony on June 22 during the university's PhD graduation ceremony.
"The US-Israel relationship is stronger today because of him."
Both campaigns and their allies are focused on getting out the Jewish vote, particularly in Florida, in what is expected to be a tight race.
A filing made Monday with the Federal Election Commission show that the billionaire casino mogul and his physician wife each wrote a check last month for $12.5 million to the Senate Leadership Fund.
“The normalization of cannabis in our society directly endangers its most vulnerable members: children,” said Dr Miriam Adelson.
The Guardian said most of the money would be funneled through political action committees and “dark money” groups that are not required to reveal donors.
The award ceremony was held at the Friends of Zion Museum, with a delegation of United States ambassadors and many other influential guests, including US Ambassador to Israel David Friedman.