The man who helped bankroll Newt Gingrich’s failed presidential effort has finally agreed to throw his money behind Mitt Romney’s run at the White House, CNN reports.
Sheldon Adelson, a Las Vegas billionaire and major GOP donor, will give at least $1 million and possibly more to Restore Our Future, a super PAC that supports Romney, in what will be his “first round of donations,” according to a source who spoke to CNN.
Adelson donated $20 million to Gingrich’s super PAC, Winning Our Future. Adelson had said he would back whoever emerged as the nominee.
Adelson hosted a lunch for Romney last week in Las Vegas. Sources reported the men got along well in their meeting.