Sheldon Adelson, the Las Vegas gaming billionaire, is reported to be on the verge of donating another $10 million to the pro-Newt Gingrich super-PAC Winning Our Future, which should give some new steam to Gingrich’s fading hopes of winning the Republican nomination.
But not that much. According to a Wall Street Journal report (subscribers only; check out The Hill’s useful summary here), Adelson doesn’t particularly expect Gingrich to win. He wants to keep the former House speaker going in order to split up Rick Santorum’s social conservative base and smooth the path for Mitt Romney, who Adelson considers more electable in November.
Much has been written about Adelson’s devotion to Gingrich and their shared friendship with Israeli prime minister Benjamin Netanyahu. Less noticed is the billionaire’s deep opposition to President Obama (see here, for example). Sources who know Adelson personally say it is an unhidden and deeply felt loathing, and that the White House is keenly aware and takes it seriously.