Adelsons donate $33 million to GOP super PACs in closing days
December 6th, 2012
05:45 PM ET
10 years ago

Adelsons donate $33 million to GOP super PACs in closing days

Washington (CNN) - Nevada casino mogul Sheldon Adelson and his wife Miriam contributed $33 million to two major Republican super PACs in the closing weeks of the 2012 campaign, according to campaign finance disclosure reports filed Thursday with the Federal Election Commission.

The couple donated $23 million to the Karl Rove-founded American Crossroads.

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The Adelsons separately donated another $10 million to the pro-Mitt Romney super PAC Restore Our Future in the last weeks of the campaign. Together, the couple donated $30 million to Restore Our Future.

Their donations throughout the campaign have drawn scrutiny, including their contributions to the pro-Newt Gingrich super PAC Winning Our Future. Their January cash infusions were a major reason the former House speaker's campaign stayed alive.

Restore Our Future spent $45.5 million from October 18th through the end of November, according to a FEC report.

In the same period, the group brought in just over $22 million.

With the election over we will now have a more complete picture of the super PACs financial activity in this campaign. During this year Restore Our Future ended up spending $146.4 million and raised $147 million. The group spent almost all of its reserves reporting now having $842,000 cash on hand.

Filed under: Mitt Romney
soundoff (39 Responses)
  1. Bruce

    It seems unreasonable to me that a person would spend that kind of money for someone else to get a $440,000/year job. It's even more remarkable when you consider this person doesn't even agree with the candidate's politics.

    December 6, 2012 05:51 pm at 5:51 pm |
  2. ljjm

    And it didn't do him any good!!!!

    December 6, 2012 05:56 pm at 5:56 pm |
  3. wgf

    There are those who try to buy elections, and there are those who vote against those who try to buy elections. I wonder whether the money is really a net positive for the GOP.

    December 6, 2012 06:00 pm at 6:00 pm |
  4. Bob R., Maryland

    Disgusting! The wasted $56 Million (33M+23M) would have fed a lot of hungry people and put shoes and clothes on a lot more needy people. Absolutely discusting.

    December 6, 2012 06:03 pm at 6:03 pm |
  5. don in albuquerque

    Lost every penny of it too, didn't you. Bwahahahaha!

    December 6, 2012 06:05 pm at 6:05 pm |
  6. Gregory M. Newbold

    Adelson is seeking to buy influence in Congress to insulate him from CRIMINAL charges & fines from an Eric Holder-led Justice Department for his conduct. He had hoped to effect the removal of Holder and get the HEAT off himself by defating President Obama. This is why he backed " Mr. Business -Can-Do-No-Wrong" [Mitt Romney] in the 2012 election.

    If you`ve ever read the book [or seen the movie] John Grishom`s "The Pelican Brief" where Sumpre Court Justices are assainated over a business deal, then you will understand what Adelson is trying to pull. It is life imitating art.

    December 6, 2012 06:07 pm at 6:07 pm |
  7. Bob

    That was money well spent, right Adelson? LOL!! Giving it a Rove run operation....Priceless!!

    December 6, 2012 06:07 pm at 6:07 pm |
  8. Golden Girl

    "A fool and his money is soon parted"

    December 6, 2012 06:17 pm at 6:17 pm |
  9. Martha in CF

    Yes, and he rigged his casino machines so he could pay it......

    December 6, 2012 06:20 pm at 6:20 pm |
  10. Glenn Doty

    HA HA.

    Good investment there sparky...

    Aren't these supposed to be the "job creators"... It seems like the Adelsons blew hundreds of millions trying to get jobs for a few hundred people, and half of those people still didn't manage to get hired. Say what you will about stimulus, but I guarantee that no stimulus program in the world has resulted in only ~1 job per million dollars spent.

    December 6, 2012 06:23 pm at 6:23 pm |
  11. Lance D.

    Wait until the Massachusetts Healthcare Industry-funded TogetherPAC gets examined - no wonder Obamacare looked "sweet" - Sen. John Kerry, Gov. Deval Patrick, Pres. Barack Obama and Pfizer wanted to keep the DNC (and TogetherPAC) "alive and well" - By the way, nice Boston show on re-election night - care for any more "Ann Romney Turkey Chili"? (wink)

    December 6, 2012 06:25 pm at 6:25 pm |
  12. dewey

    Should have just put that straight to the debt

    December 6, 2012 06:29 pm at 6:29 pm |
  13. Facts don't Lie

    for some reason I think the old adage about a "fool and his money" fits pretty well here

    December 6, 2012 06:30 pm at 6:30 pm |
  14. MaryM

    Adelson in under investigation for bribery and fraud for his business dealings, No wonder he wanted to buy this election

    December 6, 2012 06:34 pm at 6:34 pm |
  15. CanadaONE

    now we know why the GOP does not want to tax the 2%

    sold to the highest bitter – what a disgrace

    GOP – get off the continent where TRUE democracy lives

    December 6, 2012 06:35 pm at 6:35 pm |
  16. Rick McDaniel

    Where's your figures on Soros? The guy who even paid the "occupy" movement, to be out there, in support of Obama.

    December 6, 2012 06:36 pm at 6:36 pm |
  17. Name Independent Thinker

    I can think of far more worthwhile causes that 33 million dollars could have gone too. It amazes me just how much money is spent by people who seem to have more money than sense. I have to say Mr Adelson got very little return on his money, he would have got a better return on the stock market.

    December 6, 2012 06:48 pm at 6:48 pm |
  18. kayla

    all for nought. and yet they don't want to pay higher taxes.

    December 6, 2012 06:50 pm at 6:50 pm |
  19. Randy, San Francisco

    What a waste of could have been put to better use for the hungry, homeless, and sick. His obscene political donations are more for his vanity than concern for his country.

    December 6, 2012 07:02 pm at 7:02 pm |
  20. Wake up People!

    All that money down the drain. I guess it's true what they say, a fool and his money are soon parted. All the voter suppression efforts and lies all for naught!!!


    December 6, 2012 07:03 pm at 7:03 pm |
  21. Jolene

    A fool and his money are easily parted.

    December 6, 2012 07:20 pm at 7:20 pm |
  22. California Gary

    Well you think you got your money's worth?

    December 6, 2012 07:25 pm at 7:25 pm |
  23. Pander Bear

    Next election I hope he contributes $100Million and receives the same return on investment.

    December 6, 2012 07:31 pm at 7:31 pm |
  24. HenryB

    This is a disgusting way to run our campaigns. And these people do it without any shame. They are quite proud of their "work".

    December 6, 2012 07:36 pm at 7:36 pm |
  25. jkane sfl gop mascots the blubbering slobs allen west rover nitwitquest rick scott ,carl rove and donald dump ??????

    What does the gop idiot party expect when they bet on s four time loser and tax cheat for public office , answer , romney ,I told you so 6 months ago ,gop morons !!!!!

    December 6, 2012 07:40 pm at 7:40 pm |
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