Federal Politics

Published — January 23, 2012 Updated — May 19, 2014 at 12:19 pm ET

Adelsons double down on Gingrich, kick in another $5 million to super PAC

Casino mogul’s wife gives $5 million to pro-Gingrich group

Introduction

The Israeli-born wife of casino mogul Sheldon Adelson is matching her husband and placing her own $5 million bet on a super PAC supporting Newt Gingrich in the upcoming Florida primary.

The gift came from Miriam Adelson, according to sources familiar with husband Sheldon’s previous $5 million donation to the super PAC “Winning Our Future.” The funds, in the form of a wire transfer, are expected to be received by the PAC on Tuesday.

The second $5 million infusion the pro-Gingrich PAC from the physician-wife of the 78-year-old Adelson could be crucial to Gingrich’s chances of winning the Jan. 31 primary, where Mitt Romney’s campaign and supporting super PAC have an early and sizable head start in advertising spending.

In South Carolina, Sheldon Adelson’s $5 million donation to the PAC basically bankrolled its hard-hitting negative ad blitz, which totaled almost $3 million, according to Federal Election Commission records.

The ads heavily targeted former Massachusetts Gov. Romney’s long career running the buyout firm Bain Capital. In some cases, Bain made tens of millions of dollars in its buyout deals but the companies it acquired witnessed large job losses, the ads claimed.

Adelson and Gingrich have been close personal and political friends since the mid 1990s and have forged strong bonds, especially on pro-Israel issues.

Adelson, and more recently Gingrich, have championed the hard-line stances of Israeli Prime Minister Benjamin Netanyahu and rejected a two-state solution with the Palestinians to solve the Israeli-Palestinian conflict.

When Gingrich said in an interview last month that the Palestinians were an “invented people,” he drew harsh criticism from many historians, but Adelson who owns the largest daily in Israel, a free paper called Israel Hayom, came to the former House Speaker’s defense.

Adelson was the largest backer of a political committee — American Solutions for Winning the Future — run by Gingrich for five years prior to his presidential campaign. Adelson donated $7.7 million to the organization.

The wealthy casino owner — whose net worth is estimated at $21.5 billion — is also known for his fiercely anti-union stances, views that Gingrich has often shared.

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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.

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