Adelson Won’t Back a Candidate Until Next Year

Republican megadonor Sheldon Adelson won’t get involved in the presidential primary contest until “well into 2016,” his top political adviser told Bloomberg.

Said adviser Andy Abboud: “Any support of a presidential candidate is at least a year away.”

“What Adelson does matters. The 81-year-old billionaire casino owner spent more money on the 2012 presidential race than anyone else in the country, and his every move is being closely watched for signs that he has a favorite this time around.”