Vegas Sands CEO Sheldon Adelson has been outspent with a margin that is wide it comes down to online 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 risk with their existence too. Perhaps that explains why both sides associated with the Internet gambling debate have had no trouble blinking some dough in their efforts to either protect or destroy gambling that is online the United States.
Among the battlefronts that are major 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 relative sides of the video gaming industry on the issue of Internet gambling. That which you may possibly not have guessed is that billionaire Sheldon Adelson is being outspent by his opponents, and by a significant margin.
Caesars Significantly Outspending Sands
According to information at OpenSecrets.org, a site that tracks all information that is publicly available governmental contributions, the Las Vegas Sands Corp. spent $290,000 through the 2nd quarter of 2014 on their lobbying efforts to stop online gambling. That brought their total for the to $460,000 year.
That’s not insignificant in the global world of lobbying, as well as the outcomes show in the introd