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December 05, 2012


Adelson Pledges to Double-Down on Donations

After spending more than $100 million mostly on losing Republican election campaigns this year -- backing just one winner out of eight candidates -- casino billionaire Sheldon Adelson told the Wall Street Journal that he planned to stay in the game and double down on his political donations.

Said Adelson: "I happen to be in a unique business where winning and losing is the basis of the entire business. So I don't cry when I lose. There's always a new hand coming up."

Adelson said he was ready to "double" his donations in the next cycle, saying, "I'll spend that much and more. Let's cut any ambiguity."












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