Sheldon Adelson

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Trump Notches an Endorsement First

Nevada's biggest paper says he doesn't represent 'the danger his critics claim'

(Newser) - Donald Trump scored a major newspaper endorsement Sunday, bringing his total number of major newspaper endorsements in the general election to one. He got the nod from the Las Vegas Review-Journal , Nevada's biggest paper, which was bought late last year by billionaire casino mogul and Trump supporter Sheldon Adelson,... More »

Angry RNC Crowd Turns on Heidi Cruz

She had to be escorted past people yelling 'Goldman Sachs'

(Newser) - Things got ugly quickly at the Quicken Loans Arena after Ted Cruz stunned the crowd by refusing to endorse Donald Trump . Heidi Cruz "was escorted out by security as crowd gets angry," tweeted CNN's Manu Raju. Former Cruz aide Ken Cuccinelli says he helped get Heidi out... More »

After Adelson Buys Vegas Paper, Editor Quits

Mike Hengel: departure from 'Review-Journal' probably 'a relief' to Adelsons

(Newser) - A staff already stunned that their newspaper had been secretly purchased by the family of billionaire GOP donor Sheldon Adelson was thrown another loop Tuesday evening: Its top editor is stepping down, CNNMoney reports. "I think my resignation probably comes as a relief to the new owners, and it... More »

GOP Donor's Family Confirms Vegas Newspaper Buy

Review-Journal is now part of the Adelson empire

(Newser) - The family of billionaire casino mogul and GOP kingmaker Sheldon Adelson has revealed that it bought the Las Vegas Review-Journal, ending a week of speculation and demands by staff, media watchdogs, and politicians to know the identity of the new boss. After the announcement last week that the paper had... More »

Rich Donor Aims to Oust Climate Change Skeptics

Billionaire Tom Steyer plans $100M push in seven states

(Newser) - He is an environmental activist who also happens to be a billionaire, and Tom Steyer plans to bankroll efforts to keep Republican "science-deniers" out of office, reports CNN . The retired hedge fund manager is donating $50 million to the NextGen Climate super PAC, and the group plans to raise... More »

The 'Sheldon Primary' Is What's Wrong With Politics

Dan Balz laments the influence of the super-rich mega-donors on elections

(Newser) - If you want to know why Americans are so disgusted with the political system, take a gander toward Las Vegas, where would-be Republican presidential candidates are lining up to kiss the ring of Sheldon Adelson . "Adelson has become a symbol of the new system of financing presidential elections,"... More »

Jeb Bush, GOP Hopefuls to Woo Casino Mogul

Sheldon Adelson played major role in the 2012 race

(Newser) - Jeb Bush and a handful of other GOP presidential hopefuls are heading to Las Vegas later this week to court big bucks—mostly from the pocket of casino mogul Sheldon Adelson, the LA Times reports. Bush will be featured speaker at the Republican Jewish Coalition (for donors offering $25,000... More »

Adelson Looks to Declare War on Online Gambling

Big GOP donor says it's bad for business, country

(Newser) - Casino boss Sheldon Adelson was in the spotlight last November for his enormous donations to GOP campaigns. This year, he's using his billions to fight another battle—against online gambling. Though Caesars, MGM Resorts, and other competitors say the practice could actually benefit casinos, Adelson disagrees; he says it... More »

Sheldon Adelson Suing Reporter for Calling Him 'Foul-Mouthed'

Compared to ex-CEO who 'rarely curses'

(Newser) - Proving that one man's badge of honor is another man's definition of libel, billionaire Sheldon Adelson has sued a Wall Street Journal reporter after an article suggested he was fond of profanity. The piece, by Kate O'Keeffe and Alexandra Berzon, said the casino honcho was "a... More »

It Was Indeed a $2B Election

Obama outspent Romney in final days

(Newser) - The country's first $2 billion election is in the books. The fundraising reports have been filed with the Federal Election Commission, and here's the tally: Obama with $1.123 billion, to Romney's $1.019 billion. Politico and the AP break down the numbers:
  • There was a rash
... More »

Already? 2016 Hopefuls Buddy Up to Big Donors

Plus: Adelson donated way more than first reported

(Newser) - The race for giant 2016 campaign sugar daddies is on. Already, potential GOP presidential contenders Govs. Bobby Jindal, John Kasich, and Bob McDonnell have met with casino owner Sheldon Adelson , who spent big on Republican efforts this year. Meanwhile, Democrats Joe Biden, Maryland Gov. Martin O'Malley, and Virginia Sen.... More »

How I Went From Democrat to the GOP's Money Man

Sheldon Adelson explains his stance

(Newser) - Sheldon Adelson has made his opinion known this election season—mostly by writing gigantic checks. But the casino mogul and GOP super-donor spoke out in his own words in a Wall Street Journal op-ed today, explaining that he grew up as a Democrat. "Indeed, only liberal politicians campaigned in... More »

Adelson Firm Probed for Possible Bribery

Feds eye Las Vegas Sands Corp.'s mainland China deals

(Newser) - More bad news for Mitt Romney's biggest donor: US federal authorities are investigating Sheldon Adelson's Las Vegas Sands Corp. for possible violation of American anti-bribery laws in deals it made in China, the Wall Street Journal finds. The probe is separate from the investigation into alleged money laundering... More »

Billionaire GOP Donor Adelson Sues for Libel

Jewish group's 'dirty money' claim riles casino mogul

(Newser) - Casino tycoon Sheldon Adelson is suing the National Jewish Democratic Council for alleging that the millions of dollars he is pouring into Mitt Romney's campaign is "dirty money." The billionaire has filed a $60 million defamation lawsuit against the group over an article on its website that... More »

Feds Probe Sands Casinos for Money Laundering

But Sands owner Sheldon Adelson isn't under investigation

(Newser) - Federal authorities are investigating the Sands casinos for allegedly helping shady figures launder millions of dollars, the Wall Street Journal reports. A businessman in Mexico and a former California executive—high rollers who have run afoul of the law—made the money transfers years ago. Now the US attorney's... More »

Macau Probing Romney Backer's Casino

Documents in scandalous US case illegally transported, say officials

(Newser) - The biggest donor to Republican candidates this election could be in big trouble in Macau. Authorities in the former Portuguese colony are probing casino billionaire Sheldon Adelson's Sands China company for illegally sending documents out of the territory, reports Reuters . The documents came from the hard drive of former... More »

Romney Heads to Israel, Poised for Big Gains

He's on track to fare better with Jewish vote than any recent Republican

(Newser) - Mitt Romney arrives in Israel today, and his visit promises to be a lot more rewarding than his stop in London for the Olympics. The trip is important, writes Eli Lake at the Daily Beast , because Romney is poised to make inroads among Jewish voters in the US as no... More »

Billionaire Gingrich Backer Gives Romney Mega Bucks

Sheldon Adelson prepared for 'limitless' spending to beat Obama

(Newser) - The $10 million Sheldon Adelson spent on Newt Gingrich's failed presidential campaign may have been just a warmup. The casino billionaire has donated $10 million to pro-Romney super PAC Winning Our Future, making him and his wife, Miriam, this election's biggest donors by far, sources tell the New ... More »

Romney, Gingrich Billionaire Adelson Meet Today

Sheldon Adelson sit-down scheduled for today

(Newser) - As Mitt Romney prepares to officially clinch the Republican presidential nomination, another important item on today's to-do list: Meet with Sheldon Adelson. The billionaire casino magnate donated $20 million to the pro-Newt Gingrich super PAC before a broke Gingrich left the race, but it is not known if he... More »

A $2B Election? It's on Track for 2012

Romney, Obama campaigns could each spend $1B

(Newser) - Barack Obama raised $750 million for his 2008 run, and John McCain's sum nudged the combined total over the $1 billion mark. How quaint. Come November, the nation's first $2 billion election could be in the books. A memo from the Romney campaign obtained by the New York ... More »

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