Casino magnate Sheldon Adelson gives $650,000 to Wisconsin GOP as election draws near
Source: The Cap Times
Las Vegas casino magnate Sheldon Adelson has waded into the state's looming Nov. 4 election with a $650,000 contribution to the Republican Party of Wisconsin.
The contribution is listed as having been received Oct. 23. That puts it outside of the reporting window for campaign finance reports due Oct. 27, but the party reported it Sunday as a late contribution, as required.
On the same day as Adelson's donation, Walker's campaign reported receiving a $450,000 late contribution from the Wisconsin GOP.
Adelson, whose personal wealth has been estimated at more than $30 billion, has in recent years emerged as a major player in national elections. He reportedly contributed nearly $150 million to the 2012 elections, on behalf of Republican candidates. The Daily Beast has reported that he is poised to give as much as $100 million in the current elections.
Adelson's six-figure contribution to the Wisconsin GOP was made possible by changes in state law wrought by recent court rulings.
Read more: http://host.madison.com/ct/news/local/govt-and-politics/casino-magnate-sheldon-adelson-gives-to-wisconsin-gop-as-election/article_e814aade-5ea8-11e4-8b1e-6b3f043c4181.html
BeyondGeography
(39,369 posts)Obscene outsider Vegas by way of dirty Macau money, Walker more concerned with his national ambition than he is about Wisconsin, etc. Fuck Adelson and Walker.
Iliyah
(25,111 posts)Money is now People, screw the actual living, breathing ones.
turbinetree
(24,695 posts)He (Walker) goes to Nevada on bended knee, any questions or imaginations? please ,please, please , please , give me money I am losing this race
alcibiades_mystery
(36,437 posts)tomm2thumbs
(13,297 posts)geretogo
(1,281 posts)liberal N proud
(60,334 posts)Must not be very confident about his bet.
JDPriestly
(57,936 posts)We have no way of knowing whether it comes from China or maybe Mexico or Colombia.
The Mafia built up Las Vegas and the casino culture for a reason. What easier way to launder money than to lose it gambling and then take the losses in as profits. People can declare gambling gains and losses, but do they have to? And if the money is lost or gained in Mcau far from the US IRS, who will know where the money came from?
I don't know that Adelson's money is ill gotten. I don't know who his clients are. But a scheme to launder money through casinos is quite possible. As I said, the Mafia built a Las Vegas empire. I don't think it is run by the Mafia any more, but I could be mistaken.
Adelson's casinos. Who plays there? That's who is providing this money.
Maineman
(854 posts)hadrons
(4,170 posts)when he leaves it.