Sheldon Adelson plans huge lobbying effort to derail U.S. online gambling industry

[The Buzz]

Las Vegas Sands Chairman and CEO Sheldon Adelson spent roughly $100 million bankrolling Republican politicians in the last U.S. presidential election, and he's in the midst of putting together a team and loads of cash to fight the push to regulate the online gambling industry in the United States, according to the Washington Post.

One person involved in the planning said that lobbyists have met with “dozens” of congressional offices and that some lawmakers are circulating draft legislation to stop all online gaming and direct the FBI to study potential law enforcement issues related to the practice. Adelson has also retained a GOP polling firm, the Tarrance Group, which this month produced a survey showing that about seven in 10 voters have negative feelings about Internet gambling — a finding that Adelson’s rivals dispute.

http://www.washingtonpost.com/politi...4_story_1.html

[Nick.RevenueJet]

You can't not love the double-standard. Got bless you, Sheldon!

[universal4]

spent roughly $100 million bankrolling Republican politicians in the last U.S. presidential election

Gee, just think how much could have been done with just that little amount spent in the elections, instead of all the favors it bought.

Rick
Universal4

[Planet Mark]

I have the feeling this just brings into the open something which has been going on behind the scenes for many years... ugly.

[Nick.RevenueJet]

Gee, just think how much could have been done with just that little amount spent in the elections, instead of all the favors it bought.

Rick
Universal4

Well I for one am glad he chose to withhold those funds from Romney's campaign...

[Moonlight Cat]

Las Vegas Sands Chairman and CEO Sheldon Adelson spent roughly $100 million bankrolling Republican politicians in the last U.S. presidential election, and he's in the midst of putting together a team and loads of cash to fight the push to regulate the online gambling industry in the United States, according to the Washington Post.

This is impossible, to stop progress.