Adelson makes new 'sizeable' contribution to pro-Gingrich super PAC
February 24th, 2012
06:52 PM ET
3 years ago

Adelson makes new 'sizeable' contribution to pro-Gingrich super PAC

Washington (CNN) - Casino mogul and major Republican donor Sheldon Adelson made an expected new contribution this week to the super PAC supporting Newt Gingrich, Winning Our Future, CNN has learned.

One source familiar with Adelson's donation described it as "sizeable." Two sources said the Nevada businessman made the contribution recently.

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The sources would not speak on the record because Adelson wanted his contribution to be private.

CNN reported last week Adelson was expected to contribute as much as an additional $10 million to the super PAC. A great majority of the funding for Winning Our Future has come from Adelson and his extended family. Adelson, his wife and their extended family have donated $11 million to the organization.

The sources would not specify the exact amount of the donation.

A spokesman for Adelson could not be reached for comment.

A spokesman for Winning Our Future, Rick Tyler, refused to comment on whether Adelson made a new donation.

Thanks to the new influx of money, the organization will have far greater resources to help boost Gingrich in some of the primaries and caucuses voting on March 6th, Super Tuesday.

The organization is expected to disclose as early as Monday its plans for advertising in those states. Gingrich is campaigning hard in several of those contests in hopes to keeping his campaign alive.

You can follow Kevin Bohn on Twitter @KevinBohnCNN.

In the new edition of Forbes Magazine, the multi-billionaire defended himself against critics of his contributions.

“Those people are either jealous or professional critics,” Adelson said, adding “They like to trash other people. It’s unfair that I’ve been treated unfair—but it doesn’t stop me. I might give $10 million or $100 million to Gingrich.”

Adelson’s worth is estimated at $25 billion.

Also see:

Maher puts one-million dollars behind pro-Obama Super PAC

Romney says Obama will 'divide 1% vs. 99%'

Specter disputes Santorum account of support

Axelrod on GOP candidates: 'All hat, no cattle'


Filed under: 2012 • Newt Gingrich
soundoff (44 Responses)
  1. Liska

    Now this is democracy....

    February 24, 2012 07:02 pm at 7:02 pm |
  2. diridi

    Republicans can not make it this time because people are fed-up with them, they are nauseating us....you idiots are wasting time and money. Look, Romney's detroit meeting has hardly people...wake up, be wise. .....next....

    February 24, 2012 07:05 pm at 7:05 pm |
  3. Dennis

    Any and all money on any of the 3 candidates left is a foolish waste. just take a look at photo of ford fields today. i say 3 candidates because ron paul is now willard s lap dog and look how well that turned out for seamus

    February 24, 2012 07:12 pm at 7:12 pm |
  4. Thomas

    Newt was almost broke ,

    Sheldon Adelson is suck a King Maker.
    If he could get the Blue Man Group to campaign with Newt . Newt would be on top again.

    February 24, 2012 07:27 pm at 7:27 pm |
  5. Anonymous

    And what does Adelson expect to gain from financial support of Gingrich? Influence I suppose.

    February 24, 2012 07:32 pm at 7:32 pm |
  6. dennmax

    And what does Adelson expect to gain from support from Gingrich? Influence I guess.

    February 24, 2012 07:34 pm at 7:34 pm |
  7. Nothing new here

    HAHAHAHAHA!!
    I know that some of the regular commentors may not agree with me on this....
    But I am almost glad that Gingrich is going to stay in the race, and now he is getting the $$$$ to do so.
    I am hoping that he starts taking votes away from Santorum.

    February 24, 2012 07:54 pm at 7:54 pm |
  8. GOP = Greed Over People

    At least the Fox trolls will not have to go far to complain about the 1% contributing multiple millions to a GOP super pac, after crabbin' about Mahr giving a measly million to a DNC super pac.

    February 24, 2012 07:56 pm at 7:56 pm |
  9. BeverlyNC

    Too bad he cannot see a better use of his money for People in Nevada losing their homes, losing their dignity, suffering, not able to educate their children while instead giving absurd amounts of money to a serial liar, adulterer, stuck inte 1990s where he was thrown out as Speaker for ethics violations – and he thinks a man like this should be entrusted with the safety and future of our country???
    How far the rich have gotten from reality.

    February 24, 2012 07:59 pm at 7:59 pm |
  10. jo an

    All about ISRAEL bombing IRAN....maybe Adelson has enough money to 'buy the bombs'....new form of war...

    February 24, 2012 08:20 pm at 8:20 pm |
  11. opinion8it

    Honestly, who with a sane mind will spend millions to back Gingrich at this point in time?

    February 24, 2012 08:20 pm at 8:20 pm |
  12. Brandon

    Hey Sheldon, if you enjoy wasting money, as you obviously do, please send me a check as well. I probably have a better chance of being elected than Newt.

    February 24, 2012 08:20 pm at 8:20 pm |
  13. poopmeister

    If I were a republican, I wouldn't donate $2 to Gingrich. I have a feeling that, since Adelson is a business man, there is some kind of a backdoor deal going on. Leave it to Newt to have his major backer be a casino mogul.

    February 24, 2012 08:28 pm at 8:28 pm |
  14. Squigman

    Money to burn. It's inspiring to see such wealthy, beautiful, and thoughtful people give of themselves. You too should contribute. You'll be contributing to the very people that want to enslave you. But you can work through that, right?

    February 24, 2012 08:33 pm at 8:33 pm |
  15. Anonymous

    expect bellicose pro israel statements from newt soon

    February 24, 2012 08:33 pm at 8:33 pm |
  16. quitsa

    Adelson loves Gingrich because Gingrich pretends he loves Israel. All his $$$ are to support Israel and has nothing, zero, zip, nada to do with the good ole USA!!!!

    February 24, 2012 08:39 pm at 8:39 pm |
  17. Wire Palladin, S. F.

    With Adelson's money, Newt is destroying any chance that Santorum may have. All this is to help Mittens, the corporate raider and tax evader.

    February 24, 2012 08:39 pm at 8:39 pm |
  18. Jilli

    His donations to gingrich are really borderline offensive – I know it's his money, and he can do with it what he wants, but to pour that much money into the gingrich campaign when there's absolutely no chance of him winning seems like a real waste. When there are so many people wondering where their next meal is coming from, millions are being flushed down the toilet. Just imagine all the good things that money could be used for. What a freaking waste – it looks like mr. adelson had way more money than sense.

    February 24, 2012 09:05 pm at 9:05 pm |
  19. T'sah from Virginia

    No one cares, really! The Adelsons can spend their money however they chose!! It's just a "wasteful" thing to do; but that is how the rich play games!!

    Obama 2012!

    February 24, 2012 09:12 pm at 9:12 pm |
  20. MaryM

    I know it sounds silly, but by helping Newt he is insuring that Mitt is elected. BECAUSE Newt will endorse Mitt in the end

    February 24, 2012 09:13 pm at 9:13 pm |
  21. blue vegas

    Gingrich's lips are moving, but it's Adelson that your hearing.

    February 24, 2012 09:14 pm at 9:14 pm |
  22. Anonymous

    we all know what adleson wants from newt and he will get it

    February 24, 2012 09:47 pm at 9:47 pm |
  23. glorydays

    I'm a gonna buy me a pol-er-tician!

    February 24, 2012 09:49 pm at 9:49 pm |
  24. LouAZ

    Well, you bet your millions and take a chance . . . and hope you can by yourself a President. Ain't capitalism great ?

    February 24, 2012 10:23 pm at 10:23 pm |
  25. Larry L

    This guy owns casinos and understands the concept of "odds". Why would he bet his money on a tubby, pasty-faced, ridiculous little horn-dog with a really bad reputation? I guess the Vegas crowd is comfortable with immoral and unethical behavior.

    February 24, 2012 10:24 pm at 10:24 pm |
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