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Column: Billionaire gaming mogul tries to stop online wagering


Filed Under: California | Opinion
More on: california, internet, lobbying, sheldon adelson
   
Billionaire casino mogul Sheldon Adelson has vowed to spend "whatever it takes" to stop Internet gaming:
Adelson’s Las Vegas Sands Corp. spent $175,000 in the past six months on a single high-end lobbying firm in Sacramento, Mercury Public Affairs, and much more in Washington, D.C.

I am not accustomed to writing kind words about billionaires who own casino corporations that generate $14 billion a year. But on this issue, the mogul is on the side of Butler, if not the angels, although God only knows his motives.

Adelson is funding a group called Coalition to Stop Internet Gambling. Abboud promises to spend “whatever it takes” to spread the word about the evils of Internet gambling.

Adelson knows about the cost of politics, having spent $92.8 million to elect Newt Gingrich or Mitt Romney as president in 2012. That didn’t work out well for him.

But Adelson’s consultants believe voters are predisposed to oppose online gambling and plan to start distributing ads this week, first on the Internet and later on cable and broadcast TV.

Get the Story:
Dan Morain: Sheldon Adelson campaigns against Internet gambling (The Sacramento Bee 5/4)

Related Stories:
Column: California tribes on board with push for Internet poker (5/1)

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