Adelson Gives $5 Million to Pro-Newt PAC: Report
Sheldon Adelson has reportedly given $5 million to an independent political action committee that is supporting Republican presidential candidate Newt Gingrich.
The Washington Post said the money was designed to keep Gingrich competitive through the upcoming South Carolina primary.
Adelson, who owns casinos and media interests in Israel, pledged $20 million to Winning Our Future, a so-called Super PAC run mostly by former Gingrich associates.
Super PACs can raise and spend unlimited amounts of cash as long as it acts independently of the candidate’s campaign.
It’s unclear if he plans to give all the money to or may shift some of it to another candidate as the race evolves.
Read the Forward’s groundbreaking coverage of Adelson’s alliance with Gingrich.
It’s our birthday and we’re still celebrating!
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news.
This week we celebrate 129 years of the Forward. We’re proud of our origins as a Yiddish print publication serving Jewish immigrants. And we’re just as proud of what we’ve become today: A trusted source of Jewish news and opinion, available digitally to anyone in the world without paywalls or subscriptions.
We’ve helped five generations of American Jews make sense of the news and the world around them — and we aren’t slowing down any time soon.
As a nonprofit newsroom, reader donations make it possible for us to do this work. Support independent, agenda-free Jewish journalism and our board will match your gift in honor of our birthday!
Support our mission to tell the Jewish story fully and fairly.
