Sheldon Adelson, the billionaire CEO of Las Vegas Sands Corp., wrote a $390,000 check to boost the California Republican Party's efforts in the final days of the campaign. The contribution, made Oct. 28, was reported in an amended campaign filing posted yesterday on the secretary of state website.
Adelson, whose estimated net worth of $28 billion landed him the No. 3 spot on Forbes' list of richest Americans in recent years, owns several major properties on the Las Vegas Strip, including The Venetian, The Palazzo and the new Sands Expo and Convention Center. He is a major donor to Republican candidates and causes nationwide, but has not given to committees for California state office candidates or measures in recent years, campaign records show.
Adelson's other major contribution this cycle was contributed $500,000 to American Solutions Winning the Future, a conservative nonprofit group founded by former House Speaker Newt Gingrich, according to OpenSecrets.org.
Other major CRP contributors in the final days of the campaign include Panda Express executive Andrew Cheng ($30,000), state Sen. Mark Wyland ($32,400), Rocklin-based software company Oracle ($50,000) and Marc I. Stern, president of the investment management firm TCW Group ($25,000), according to the report.
The party reported sending six-digit checks to lieutenant governor candidate Abel Maldonado, controller candidate Tony Strickland and 12th Senate District candidate Anthony Cannella in the same filing. Only Cannella won on Nov. 2.
PHOTO CREDIT: Owner and operator of the Venetian Hotel on the Las Vegas Strip, Sheldon Adelson, talks during a press conference in Macau at the opening of the Las Vegas Sands casino on in this May 18, 2004 Anat Givon, Associated Press.
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