Sheldon Adelson is plotting a spending spree to help Trump in the campaign's final stretech
Adelson, the CEO of Las Vegas Sands, is looking to spend anything from around $20 million to $50 million in a last ditch effort to help Trump overcome Joe Biden, according to people familiar with the matter.
CEO and chairman of casino company Las Vegas Sands Sheldon Adelson listens as US President Donald Trump delivers remarks at a Keep America Great rally in Las Vegas, Nevada, on February 21, 2020.Casino magnate and Republican megadonor Sheldon Adelson is plotting a spending blitz to support President Donald Trump with just under 50 days to go until Election Day, CNBC has learned.
Most of the sum is expected to go toward the new pro-Trump super PAC Preserve America, these people added. Other organizations, including the campaign, the Republican National Committee and groups helping Republicans in Congress, could also see some of Adelson's money go their way.
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