Adelson Makes ‘Substantial’ Super PAC Donation
Casino and hotel magnate Sheldon Adelson reportedly has given a “substantial” new donation to a group supporting Newt Gingrich for the Republican presidential nomination.
Adelson gave the donation to Winning Our Future, an independent committee, or Super PAC, that is run by former Gingrich associates, Politico reported Tuesday, one week ahead of the Super Tuesday primary vote in 10 states. Adelson and his wife already have given $11 million to the PAC.
The new contribution, which came in a few days ago, is comparable to previous ones, Reuters reported, citing a source familiar with the donation.
CNN and CBS reported last week that Adelson would give $10 million more to the group.
Gingrich has been slipping in the GOP race for the presidential nomination.
Super PACs can raise unlimited sums from corporations, unions and other groups, as well as individuals, and indirectly support a political candidate. They cannot by law coordinate with the candidate’s official campaign.
Adelson, chairman and CEO of the Las Vegas Sands Corp., is worth more than $21 billion, according to Forbes magazine. He is a major giver to Birthright Israel, which provides free 10-day trips to Israel for Jews aged 18 to 26.
Why I became the Forward’s editor-in-chief
You are surely a friend of the Forward if you’re reading this. And so it’s with excitement and awe — of all that the Forward is, was, and will be — that I introduce myself to you as the Forward’s newest editor-in-chief.
And what a time to step into the leadership of this storied Jewish institution! For 129 years, the Forward has shaped and told the American Jewish story. I’m stepping in at an intense time for Jews the world over. We urgently need the Forward’s courageous, unflinching journalism — not only as a source of reliable information, but to provide inspiration, healing and hope.
— Alyssa Katz, editor-in-chief
Support our mission to tell the Jewish story fully and fairly.
