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Sheldon Adelson Outspent by Online Gambling Lobbying

Sheldon Adelson Outspent by Online Gambling Lobbying

Vegas Sands CEO Sheldon Adelson has been outspent with a wide margin whenever it comes down to on the web gambling lobbying efforts. (Image: forbes.com)

Las Vegas Sands CEO Sheldon Adelson may see online gambling as a threat to his land-based gambling enterprises, but on the web gambling proponents see Sheldon Adelson as a risk with their presence also. Perhaps which explains why both sides associated with the Internet gambling debate have experienced no trouble flashing some cash in their efforts to either protect or destroy online gambling in the United States.

One of many major battlefronts is winning real-money-casino.club over key legislators in Congress who could push through bills or stall the efforts of opponents. As you would expect, there’s been plenty spent on lobbying from all sides of the video gaming industry on the issue of Internet gambling. Everything you may possibly not have guessed is that billionaire Sheldon Adelson is really being outspent by his opponents, and also by a significant margin.

Caesars Significantly Outspending Sands

According to information at OpenSecrets.org, a site that tracks all publicly available information on political contributions, the Las Vegas Sands Corp. spent $290,000 throughout 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 not insignificant in the global world of lobbying, and the outcomes show withi Читать далее

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