Las Vegas casino mogul and billionaire Sheldon Adelson donated $30 million to the House GOP-aligned Congressional Leadership Fund, Politico reported. The massive donation is intended to help boost the Republican Party’s quest to maintain control of the House during the midterm elections in November.
When did this happen?
According to the report, the donation was secured last week when House Speaker Paul Ryan (R-Wis.) reportedly flew to Las Vegas to meet with Adelson at his Venetian hotel. Adelson’s wife, Miriam; Norm Coleman, the former Minnesota senator who chairs the Republican Jewish Coalition; Corry Bliss, who oversees the super PAC; and Jake Kastan, one of Ryan's political aides, attended the meeting.
“They laid out a case to Adelson about how crucial it is to protect the House,” Politico reported.
Coleman reportedly asked and secured the $30 million donation after Ryan left the room. As a federally elected official, Ryan is not allowed to solicit seven-figure political donations, the report stated.
Adelson, the party’s most prominent benefactor, made the large donation earlier than normal, Politico reported. He typically makes his donations in late summer or early fall.
The $30 million contribution is also three times what Adelson gave to the CLF in 2016, Politico reported. The CLF is part of a two-pronged political organization that protects and promotes House Republicans.
In February, a group of House Republicans traveled to Las Vegas for an annual retreat hosted by the Republican Jewish Coalition, an organization that Adelson helps fund.
House Majority Leader Kevin McCarthy (R-Calif.) addressed the conference, and Ryan spoke via teleconference to a meeting of the group’s board, Politico reported.
Adelson is chairman and CEO of casino operator Las Vegas Sands Corp. In 2015, Adelson bought Nevada’s largest daily newspaper, the Las Vegas Review Journal, for $140 million.