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July 28, 2015

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Adelsons may donate $20 million to Newt Gingrich after all

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Wong Maye-E / AP

Sheldon Adelson is considered the prized get for pro-Gingrich groups.

Some political observers laughed it off when it was reported that Las Vegas casino mogul Sheldon Adelson had promised to spend $20 million to help elect GOP presidential hopeful Newt Gingrich.

It appears Adelson may be abiding by that outsized promise.

Several national news outlets are reporting that Adelson is considering another $10 million contribution to the pro-Gingrich super-political action committee Winning our Future. Adelson and his family have already donated $11 million to the PAC, money that most credit with keeping Gingrich in the race.

Gingrich has been on a losing streak since the Jan. 31 Florida primary and is trying to regroup with a focus on fundraising. During the Nevada caucuses, for example, he limited his appearances in order to make calls asking donors for money.

Meanwhile, former Pennsylvania Sen. Rick Santorum has been gaining momentum as the key challenger to front-runner Mitt Romney.

Adelson, who disagrees with Santorum’s socially conservative views, wants to blunt Santorum’s latest rise in the race, according to the Wall Street Journal.

Las Vegas Sun columnist Jon Ralston reported on Twitter last week that Adelson hasn’t yet pulled the trigger on the latest $10 million contribution.

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