Sheldon Adelson Willing to Spend $100 Million to Beat Obama

Thursday : June 14, 2012  <>  Posted by Frank, 2:20 pm e     <>  Print Version

Las Vegas Sands Chairman and CEO Sheldon Adelson speaks at a news conference for the Sands Cotai Central in Macau Wednesday, April 12, 2012.

U.S. News and World Report:

Billionaire casino magnate Sheldon Adelson just donated $10 million to Mitt Romney’s Super PAC, and told Forbes he is willing to spend $100 million or more to ensure President Obama is not re-elected.

Adelson is by far the biggest political donor in American politics. Before this latest contribution, he had given more than $26 million to Super PACs in 2012, according to the Center for Responsive Politics. That includes the $21.5 million he gave to Newt Gingrich’s Super PAC, which single-handedly kept the former House Speaker’s presidential campaign alive. He’s also given $1.3 million to state politics over the years.

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