The man who spent tens of millions dollars not getting Mitt Romney elected is now launching an even bigger fight in an attempt to keep gambling off the Internet. The Washington Post reports that Sheldon Adelson, the billionaire political donor who is believed to have put more money into the 2012 election than any other individual, is launching a new advocacy group called the Coalition to Stop Internet Gambling, that will push states to ban online gaming. He's already lined up some political heavy hitters as lobbyists, including a former Senator and former governor, and has prepared to wage political war on a scale that could dwarf his 2012 contributions.
Why is he doing this? To protect the children, of course. The Post reports But it also might have something to do with the fact that the $98 million he reportedly donated during the last election cycle was mostly earned through gambling winnings. Adelson owns the Las Vegas Sands casino empire, which includes two major hotel-casinos on the Las Vegas strip, and still others in Macau and Singapore. If everyone in the United States could gamble from the comfort of their home, they'd have no reason to visit any of his casinos. New Jersey is set to launch online gaming next week, with games available only to those physically in New Jersey, and operated by the existing Atlantic City casinos.