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Casino Magnate Adelson to Give $1 Million to Pro-Romney Super PAC Casino Magnate Adelson to Give $1 Million to Pro-Romney Super PAC

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The Trail: 2012 Presidential News from the Field / Campaign 2012

Casino Magnate Adelson to Give $1 Million to Pro-Romney Super PAC

That's only the first round the owner of The Venetian plans to contribute, CNN reports.

Sheldon Adelson, chairman and CEO of The Las Vegas Sands Corp., had backed Newt Gingrich.(AP Photo/Kin Cheung)

June 7, 2012

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.

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