Vegas Sands CEO Sheldon Adelson has been outspent with a wide margin when it comes down 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 casinos that are land-based but on line gambling proponents see Sheldon Adelson as a danger with their presence as well. Perhaps that explains why both sides regarding the Internet gambling debate have had no trouble blinking some cash in their efforts to either protect or destroy gambling that is online the United States.
One of many battlefronts that are major 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 invested on lobbying from all relative 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 also by a margin that is significant.
Caesars Significantly Outspending Sands
According to data 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 second quarter of 2014 on their lobbying efforts to stop online gambling. That brought their total for the to $460,000 year.
That’s maybe not insignificant in the world of lobbying, while the outcomes have shown