Sheldon Adelson Pumping Another $10 Million Into Newt Gingrich Campaign

Written by :

Gilbert Horowitz

Published on :

17 February, 2012

CBS News has learned that billionaire casino magnate Sheldon Adelson is pumping yet another $10 million into GOP Presidential hopeful Newt Gingrich’s faltering campaign.

Following an initial injection of $11 million into the super PAC backing Gingrich, “Winning our Future”, Adelson and his family are expected to have donated a sum total of $21 million by month’s end. Another source close to Adelson suggested to CBS News the casino billionaire may add yet another $4 million.

This is chump change to Adelson, who the Huffington Post calculated as making $3.3 million an hour. So essentially he’d be donating a day’s paycheck to the Gingrich campaign.

- Gilbert Horowitz, Gambling911.com

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