Federal Politics

Published — February 17, 2012 Updated — May 19, 2014 at 12:19 pm ET

Adelson expected to give another $10 million to pro-Gingrich super PAC

Total giving from billionaire and family would reach $21 million

Introduction

Another $10 million donation is expected to arrive within days from casino owner Sheldon Adelson to the outside group that’s provided life support to Newt Gingrich’s beleaguered presidential campaign, say fundraisers with ties to the multibillionaire.

The $10 million infusion from Adelson would bring total donations from Adelson and family to the pro-Gingrich super PAC “Winning Our Future” to a stunning $21 million, far more than any super PAC donor has given to date.

The funds are expected to arrive in the next week to 10 days and help fuel a multimillion-dollar television advertising blast prior to super Tuesday, March 6, when 10 states conduct GOP primaries.

One fundraiser, who has spoken with Adelson in the last week, told iWatch News that the wealthy supporter of Jewish causes indicated to him that he is still committed to keeping Gingrich in the race.

It is unclear whether the pro-Gingrich PAC’s ads will attack frontrunners former Massachusetts Gov. Mitt Romney and former Pennsylvania Sen. Rick Santorum or burnish Gingrich’s conservative image and record — or both.

Rick Tyler, a senior advisor to the super PAC, declined to comment about any further donations coming from Adelson. Tyler told iWatch News that he was “optimistic” that the super PAC would be able to run an advertising campaign prior to super Tuesday, but “to be effective, we would need a significant infusion of cash.”

Ron Reese, a spokesman for Adelson declined to comment, but noted that speculation and rumors have been rampant about additional funding. Close associates of Adelson in Las Vegas remain tight lipped about any plans to send millions more to Winning Our Future. Adelson owns the Las Vegas Sands and is worth an estimated $21.5 billion. He is currently in Israel attending his son’s bar mitzvah.

Adelson has known Gingrich since the mid 1990s. The two have close personal and political ties based largely on their shared backing of Israel and hardline Middle East policies. An earlier $5 million donation to the PAC from Adelson funded an advertising drive in South Carolina that was crucial to Gingrich’s winning that primary.

Adelson’s expected $10 million gift is badly needed for advertising, something that the pro-Gingrich super PAC and the cash-strapped Gingrich campaign have been hard-pressed to pay for since Florida. In the Sunshine State, Gingrich lost badly to Romney, whose campaign and supportive super PAC easily outspent the Gingrich campaign and super PAC.

Odds are the contribution won’t win the nomination for former House Speaker Gingrich, who is now trailing in the polls. But if the super PAC’s new spending erodes conservative support from Santorum, that would be fine with Adelson, say fundraisers. The billionaire has told fundraisers that he likes the former governor and deems him his second choice.

This week Winning Our Future plowed almost $1 million into radio ads nationwide that are aimed mostly at reaching conservatives who listen to talk radio personalities like Rush Limbaugh and Sean Hannity.

CBS News first reported the $10 million donation.

Adelson’s largesse — which includes $5 million from his wife and $1 million more from other family members — was made possible by court rulings in early 2010 that permit corporations, individuals and unions to give unlimited amounts to super PACs that can advocate directly for the election or defeat of a candidate.

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SOUTH JERSEYTed SiroisMark SullivanTom LarkinAnonymous Recent comment authors
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Mark Sullivan
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Mark Sullivan

Trump needs to conduct these activities because the entire MSM media, excluding Fox, is campaigning against him 24/7/365.

Didn’t Monica’s boyfriend’s wife and various criminal enterprises outspend Trump by almost 2-1?

CapitalistRoader
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CapitalistRoader

Why wouldn’t he get an early start on fund raising? Hillary outspent him two-to-one in 2016. The Dem’s are the party of big money. The President knows this and is attempting to get a jump on it. Of course the Dem candidate will outspend him in 2020 so it’s only rational that he starts fund raising now.

George Young
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George Young

Oh brother. We just 8 years of the Campaigner – in – Chief. Where was this journalistic rectal thermometer then. Just another article about 2000 words too long that merely takes another slap at Trump for something he far from initiated.

j stevenson
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j stevenson

The big difference between Trump and all the rest is his refusing to accept funds from lobbyists, so they don’t have the White House access they are used to. These are the donors who buy the presidency and are as pixxed off that he won the election as are the media and the Dems. Lobbyists have never been shut out of the WH and Trump has told them he is not for sale.

jan v
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jan v

all the lobbyists are running all our government agencies and all the career civil servants who know how to run the country have been fired. YOU think this is a good thing ? what a crock…

thomas alessi
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thomas alessi

I am for Trump

Anonymous
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Anonymous

Trump needs to be impeached and tossed in prison. Then have the key thrown away so he will never be free. Then he can see how it feels not to have freedom.

Mark Sullivan
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Mark Sullivan

Thank you for the usual insightful leftist low IQ Snowflake response.

barney
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hes not imprisoning them hes sending them back to their country chill tf out

SOUTH JERSEY
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SOUTH JERSEY

WHY DONT YOU HAVE FREEDOM?

Tom Larkin
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Tom Larkin

First, something positive. I was happy to learn of empirical information in article. BUT, the article was so slanted against President Trump as to be deemed fake news (“Perhaps Trump just lied.” (Two different issues)). The article mentions that President Trump raised over $67 million, but ended 2018 with $19 million. President Trump spent over $40 million 2016 and 2017. President Trump conducted 57 political rallies. The article notes the hats and T-shirts sold, but NEVER MENTIONS THE INCREASE IN THE NUMBER OF REPUBLICAN SENATORS during a mid-term election that lost the House and the number of political rallies in… Read more »

Ted Sirois
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Ted Sirois

At least Trump is getting donations from willing donors. Fresh from his first election, Obama used billions of our children’s tax dollars to save thousands of union jobs in the car industry and bailed out the banks and many Wall Street businesses. This secured his source of reelection funds for his reelection four years later.

South Jersey
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South Jersey

TRUMP 2020; IS AN AMAZINGLY SMART MAN! VERY ORIGINAL & CREATIVE. I AM HAPPY TO HAVE HIS AS POTUS.

SOUTH JERSEY
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SOUTH JERSEY

THIS ARTICLE WAS OBVIOUSLY WRITTEN BY, A TRUMP-HATE-GROUP. THAT FEELS; IT IS NOT NORMAL TO BE SUCCESSFUL WITH YOUR OWN BRAND NAME. WHEN, IF FACT, IT IS NORMAL! >>>>> THIS IS >>> FAKE NEWS!!! <<<< ie: A PACK-OF-LIES; SPUN INTO; DEFAMATION OF CHARACTER. FOR A SINISTER-AGENDA OF; FASCIST DEMOCRATIC SOCIALIST, COUP D'ETAT

David
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David

Are you on some kind of drugs? Writing in caps makes me think that you are grumpy old fart or a uneducated hillbilly.