Sununu Takes Aim at Sheldon Adelson: “Not So Bright” (Video)
If ever there was a time when US citizens could cry foul over big businesses and campaign donations influencing politicians, that time might be now.
Casino magnate and billionaire Sheldon Adelson has reportedly donated a few million dollars (and has pledged more) to go after GOP Presidential candidate Mitt Romney, presumably on behalf of fellow candidate Newt Gingrich. But Adelson has also vowed to spend big bucks on whomever ultimately becomes the Republican nominee.
Today’s big question: Can a President Newt Gingrich really defy someone who has ensured his Presidency through the donation of millions of dollars?
Recently, Adelson has gone against the tide of his Vegas counterparts by saying he will not support legalized online poker in the US based on “moral grounds”. So essentially, if he were to tell President Newt Gingrich he doesn’t want online poker legalized in the US, wouldn’t Gingrich quash the movement in a matter of hours, bowing to Adelson’s command?
Hence the problem with political candidates taking large sums of money from wealthy surrogates, even if it is “indirectly”.
Outspoken former New Hampshire Governor and supporter of Mitt Romney, John Sununu, blasted Adelson on Fox News, calling him “not so bright”.
"Does he think people don't remember when you attack them and pay for the attacks in the primary? Especially when one of the parties receiving that attack is the same investment community that he likes to go to to finance his expansions," Sununu railed. "There's just no common sense in this process, and you kind of feel sorry for people that aren't that bright."
Watch the video below….
More Gambling News Headlines for Monday, January 11, 2012 (Early Afternoon Edition)
Connecticut Internet Poker Conflict With Tribes - The tribes seem to construe the contract as giving them a monopoly on casino games played on the Internet as well as a monopoly on casino games played in casinos in the state, a monopoly for which they pay the state 25 percent of their slot machine revenue. State government still can authorize its lottery agency or private companies to undertake Internet gambling, but only by risking the slots revenue, hundreds of millions of dollars per year.
While Attorney General George Jepsen is unsure about the requirements of the contract, the governor seems to construe it as the tribes do and so wants to renegotiate it to allow state government to get into Internet gambling or receive tribute from anyone who does so in the state, presumably starting with the tribes themselves, while preserving the state's slots revenue. But that revenue is a diminishing asset, since in a few years Connecticut's casino tourism likely will be cut off, what with Massachusetts having just authorized casinos, Rhode Island planning a referendum on casino gambling, and New York's governor having just proposed a constitutional amendment to authorize casinos statewide. [Journal Inquirer]
Bogus Financial Advisor Cons Granny to Fuel His Gambling Addiction - A bogus financial advisor conned a grandmother out of her £150,000 retirement fund to fund his gambling addiction. Ryan Burnside told his victim he was investing her life savings overseas, but he was using the cash to pay off debts and continue his gambling habit. [STV News]
- Gilbert Horowitz, Gambling911.com
