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October 21, 2014

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Adelson gives $5 million to pro-Gingrich group

A Las Vegas billionaire with ties to Newt Gingrich has given $5 million to an independent group backing the former House Speaker's presidential bid.

A person familiar with the situation said casino mogul Sheldon Adelson made the contribution Friday to Winning Our Future, a pro-Gingrich super PAC. The person said Adelson would spend heavily to assist whichever candidate wins the Republican nomination.

Adelson is a longtime supporter of GOP candidates and has been a friend and backer of Gingrich for many years.

Gingrich's campaign has struggled since a super PAC supporting Mitt Romney spent $3 million on ads attacking him in Iowa.

The Washington Post first reported the $5 million contribution. Politico reported last month that Adelson was prepared to spend $20 million to help Gingrich.

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  1. I've been a fan of Mr. Adelson for his business acumen but I think this time, he missed the ball by picking the wrong guy.
    "Prepared to spend $20 Million for Gingrich".
    What a waste.
    Mr. Gingrich would never make it.
    Spend the money somewhere else.

  2. You know the left is scared of Newt when a news media organization that is owned lock, stock and ink by the Democratic party, makes this its headline!!

    Go Mr Adelson!!

  3. With all the worthy causes in Nevada - Giving Money to any Politician is a Terrible waste of resources. Tax The Rich - if this is how they spend their money.

  4. I still have my vote and it will not be for a GOP candidate This is like a person donating big $$$ to the clown school. Watching these candidates debate is like a person herding cats!!!. Who wants the Insane running the Insane asylum. I am sure $5 million could be spent in a much better way.

  5. Here we go again. The leftists, who are such ardent fans of "diversity," cannot put up with it unless it meets their Socialistic agenda. I don't see the crackpots complaining about and or condeming George Soros who makes Adelson look like a piker when it comes to financing a radical political agenda. Soros, who manipulates currrency and causes the downfall of national economies, wants to impose European style rules and regulations on all of us. Adelson builds; Soros tears down. Adelson creates 10's of 1,000's of jobs; Soros creates havoc and costs 10's of 1,000's their jobs. Those who espouse the "politics of envy" and ignore blood-suckers such as Soros in their quest to keep their seats on the gravy train are in for a rude awakening if he ever succeeds. They will be doomed to pleading for handouts from government drones instead of being able to control their own lives. Perhaps this is the best they can hope for in their uninspired and dreadful lives.

  6. this is exactly why Adelson --- and Wynn for that matter --- won't get a dime of my hard earned cash. I don't want to support those who are against my interests.

  7. "so basically what your saying is that if any company doesn't fit your interests you won't support there company or whatever."

    that's correct. I also limit my shopping at Walmart to just Mobil1 oil.

    I try to buy American when I can but "gentlemen" like Adelson sold us out for profits, so yes --- there are Chinese products in my house. It's a shame, too.

  8. And to the highest bidder goes the Republican nominee!