Casino magnate Sheldon Adelson is planning to direct $20 million to an outside group backing Newt Gingrich’s presidential campaign, multiple sources told POLITICO – the first answer to urgent pleas from allies to the former speaker’s long-time billionaire supporters.Adelson owns both The Venetian and Palazzo hotels on the Vegas Strip, as well as other properties around the world. The question now is who is Steve Wynn going to back?
After leaving Congress, Gingrich cultivated a network of a few dozen uber-wealthy backers who poured tens of millions of dollars into a network of groups that helped him maintain a foothold in politics. Now, operatives supporting his presidential campaign are asking those same donors to write fat checks to a suite of new super PACs they hope can spend big on ads to offset Gingrich campaign fundraising that had lagged behind his rivals.
Adelson is considered the prized get for pro-Gingrich groups.
Ron Reese, a spokesman for Adelson’s Las Vegas Sands Corp. declined to comment.
But sources who requested anonymity told POLITICO that Adelson planned to cut a check to one of the PACs as soon as this week.
Thursday, December 15, 2011
I guess this guy would like a president who doesn't tell people not to come to Vegas for conventions and meetings: