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GOP mega-donor admits his company ‘likely’ bribed foreign officials

Sheldon Adelson, the casino magnate and billionaire financier of Republican candidates and causes,  admitted in an SEC filing submitted Friday that his company probably broke a federal anti-bribery law through its business dealings in China. In an annual regulatory report by Adelson’s Las Vegas Sands Corporation, the company wrote that an…

Report: Adelson lost $50 million more on election than previously thought

Billionaire Sheldon Adelson may have blown $50 million more than previously thought on conservative candidates during the 2012 election. Republican sources close to Adelson reportedly told The Huffington Post that the casino mogul may have lost $150 million trying to get candidates like former GOP nominee Mitt Romney elected, even…

Andrew Sullivan tells Stephen Colbert: Karl Rove’s ‘head just exploded’

During a live interview immediately following Tuesday night’s election results, Newsweek contributor Andrew Sullivan told Comedy Central’s faux conservative pundit Stephen Colbert that Republican strategist Karl Rove’s head actually “exploded” live on Fox News when the election was called for President Barack Obama. “Karl Rove is demanding a raincheck,” Sullivan…

What Do Rich Douchenozzles Get Out of Buying Politicians?

Thers, writing at Eschaton, has a question:  A sincere question. Take Sheldon Adelson, for instance. Suppose the math is true, and Romney loses. Adelson spent x trying to install politicians who would save him tax money. Let y = the money he would have spent if he’d just shut up…

Romney-backer Sheldon Adelson accused of commandeering Israel’s media market

GOP backer Adelson accused of commandeering Israel's media market Casino mogul Sheldon Adelson grabbed the spotlight in the US earlier this year for making multi-million dollar campaign contributions to Republican presidential candidates on the bet that their policies would better jibe with those of Israeli Prime Minister Benjamin Netanyahu than with…

Romney-backer and casino boss Sheldon Adelson unveils plans for new resort in China’s Macau

Las Vegas casino boss Sheldon Adelson on Thursday unveiled plans to build a scaled down replica of the Eiffel Tower as part of a new $3 billion gambling resort in Macau. The Las Vegas Sands Corp. chief spoke publicly for the first time about the new development as he opened…

Adelson lobbies Romney to free U.S.-held Israeli spy: report

Conservative mega-donor Sheldon Adelson recently pressed presumptive Republican presidential candidate Mitt Romney to call for the release of Israeli spy Jonathan Pollard, unnamed sources close to the two men reportedly told Daily Beast reporters Eli Lake and Dan Ephron. The report comes just days after Israeli Prime Minister Benjamin Netanyahu met with…

Justice Dept. probes Sheldon Adelson’s Las Vegas Sands Corp. on money laundering

The Justice Department has launched an investigation into whether Las Vegas Sands Corporation and several of its executives violated money-laundering laws, The Wall Street Journal reported. Citing unnamed lawyers and other people involved in the matter, the newspaper said the probe was being conducted by the US attorney’s office in…

Romney: ‘Providence’ and culture make Israelis superior to Palestinians

Palestinian officials on Monday accused presumptive Republican presidential nominee Mitt Romney of racism after he told wealthy donors — including billionaire Sheldon Adelson — that Israelis were more economically successful because of their culture and intervention by God. “And as I come here and I look out over this city…

GOP mega-donor threatens to sue Dems for repeating prostitution allegation

Billionaire casino mogul and Republican mega-donor Sheldon Adelson doesn’t want people repeating an allegation by one of his former executives, who claimed last month that Adelson personally approved a prostitution scheme at his casinos in the Chinese territory of Macau. So, to keep people from repeating the claim, he’s taking…

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