Las vegas Sands CEO Sheldon Adelson has been outspent by a wide margin when it comes to on the web gambling lobbying efforts. (Image: forbes.com)
Las Vegas Sands CEO Sheldon Adelson may see on line gambling as a threat to his land-based casinos, but on line gambling proponents see Sheldon Adelson being a risk for their existence as well. Perhaps which explains why both sides of the Internet gambling debate have had no trouble flashing some dough in their efforts to either protect or destroy gambling that is online the United States.
One of many major battlefronts is winning over key legislators in Congress who could push through bills or stall the efforts of opponents. As you would expect, there is been plenty spent on lobbying from all sides of the gaming industry on the problem of Internet gambling. That which you might not have guessed is that billionaire Sheldon Adelson is being outspent by his opponents, and also by a significant margin.
Caesars Significantly Outspending Sands
According to information at OpenSecrets.org, a site that tracks all information that is publicly available political contributions, the Las Vegas Sands Corp. invested $290,000 throughout the 2nd quarter of 2014 on the lobbying efforts to stop online gambling. That brought their total for the to $460,000 year.
That is perhaps not insignificant in the global world of lobbying, and also the outcomes show into the introduction of bills such „Sheldon Adelson Outspent by Online Gambling Lobbying“ weiterlesen