Tuesday, July 15, 2008

How To Lose More Gambling

Go to a casino, lose money.

Go to this guy's, lose your money and your nation:
In the Las Vegas casinos that made Sheldon Adelson one of the country's richest men, a "whale" is someone willing to bet millions. Republicans are hoping Mr. Adelson will be their whale this election.

Strapped for cash and facing dozens of tough House and Senate races, the party is expected to lean heavily on outside issue-advocacy groups to mount Republican-friendly campaigns that it can't afford to run itself.

In that largely unregulated arena of independent advocacy, the 74-year-old Mr. Adelson -- a casino tycoon whose battles with Nevada's unions, staunch support for Israel and enormous investments in China have stirred controversy -- is expected to provide one of the biggest bankrolls.
[more for Faux Bidness Journal subscribers]

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