Posted by Rachel Weiner and Chris Cillizza, The Washington Post
Casino mogul Sheldon Adelson, who helped prop up House speaker Newt Gingrich’s presidential primary campaign for months, is now using his massive wealth to help former Massachusetts governor Mitt Romney.
According to two sources familiar with the donation, Adelson is giving $10 million to the pro-Romney super PAC Restore Our Future. Under Federal Election Commission law, Restore Our Future is free to accept donations of unlimited amounts from single donors but must reveal the identity of those givers.
It’s the biggest single donation ever made to the group.
“I’m against very wealthy people attempting to or influencing elections,” he said in a March Forbes interview. “But as long as it’s doable I’m going to do it.” [Read More.]