Adelson Is Tired Of Giving Money To Outside Groups So He May Start His Own

AP

Casino mogul and Republican megadonor Sheldon Adelson — the primary funder of a super PAC that backed former House Speaker Newt Gingrich’s (R-GA) 2012 presidential campaign — is reportedly getting tired of giving money to outside groups run by consultants. So, according to The New York Times, Adelson is thinking of starting his own super PAC.

“We are evaluating all options, and we may fundamentally change how we engage in the process while staying true to our principles,” Adelson aide Andy Abboud told the Times.

Besides boosting Gingrich, Adelson also donated $10 million to the super PAC supporting Mitt Romney during the primary. Of course, in the end, neither candidate won the presidential race.

So now Adelson is thinking of setting up his own super PAC to get involved in congressional and presidential races. The Times reports that Adelson is likely to be a bit more careful next time around on who to support in the primary.

“He’s very focused on picking someone who can win,” a Republican strategist “involved in the discussions” told the Times. “He wants to ensure whatever candidate he gets behind reflects that philosophy and can win the general election.”

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