Las vegas Sands CEO Sheldon Adelson has been outspent with a wide margin whenever it comes to on the web gambling lobbying efforts. (Image: forbes.com)
Las Vegas Sands CEO Sheldon Adelson could see online gambling as a threat to his casinos that are land-based but on line gambling proponents see Sheldon Adelson as a hazard for their existence also. Perhaps which explains why both sides regarding the Internet gambling debate have had no trouble flashing some money in their efforts to either protect or destroy online gambling in 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’d expect, there is been plenty spent on lobbying from all sides of the gaming industry on the problem of Web gambling. What you may possibly not have guessed is that billionaire Sheldon Adelson is actually being outspent by his opponents, and by a margin that is significant.
Caesars Significantly Outspending Sands
According to data at OpenSecrets.org, a site that tracks all publicly available info on political contributions, the Las Vegas Sands Corp. spent $290,000 during the second quarter of 2014 on their lobbying efforts to stop online gambling. That brought their total for the year to $460,000.
That is maybe not insignificant in the world of lobbying, while the results demonstrate into the introduction of bills just like th Lire la suite