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Adelson Won’t Back a Candidate Until Next Year

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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.”

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Billionaires Issue Warnings to Their Parties

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“The billionaire political kingmakers planning to bankroll much of the 2016 presidential campaign spoke out together Sunday with blunt warnings on key issues for their respective parties,” the Washington Post reports.

“Haim Saban, a media mogul and close Democratic ally of Hillary Rodham Clinton, criticized President Obama’s outreach to Iran, declaring that ‘we’ve shown too many carrots and a very small stick.'”

“Sheldon Adelson, a casino magnate who is likely to tap into his fortune in an effort to elect a Republican to the White House, upbraided many in the GOP for their opposition to legalizing millions of undocumented immigrants.”

About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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