Adelson Cash Runs Dry For Newt

It seems the well has gone dry. Sheldon Adelson, big Newt Gingrich donor and supporter, has decided he has no more money to give to the struggling presidential candidate, reports the Hill:

A tough campaign week may have just gotten worse for Newt Gingrich, withBloomberg News quoting a source close to Sheldon Adelson saying that the casino mogul — who has already funneled $11 million into a super-PAC supporting Gingrich — does not plan to donate further to his campaign.

 

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Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site's coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.
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