Adelson May Still Buy Online Gambling Ban This Year

Adelson CloseWould $20 million be enough to buy enough U.S. Senators to get a law passed before the New Year that will benefit your business interests? Apparently Las Vegas Casino magnate Sheldon Adelson thinks so.

He’s become a human ATM machine for the Republican Party this year, having donated $100 million to Republican causes. This includes the $20 million he pledged on September 20th of this year to the Senate Leadership Fund, a Super PAC created to elect Republican candidates to the U.S. Senate.

What does Adelson want for buying Senators and members of Congress? He wants federal legislation to ban state-based regulated online gambling that he believes poses cutthroat competition to his brick-and-mortar casinos in Las Vegas and Atlantic City.

Some states are allowing their residents to purchase state lottery tickets online or gamble at online casinos that operate within their states. This is a result of the Justice Department issuing a reasonable interpretation of the Wire Act, stating that it does not prohibit online gambling in states that choose to legalize such activity — a ruling which was consistent with the Tenth Amendment.

More at Daily Caller

Related Stories from This Week in Gambling:

  • Kahnawake Plan to Operator Online Sports Betting Site The Canadian Gaming Association (CGA) is today calling on the Senate of Canada to bring Bill C290 to an immediate vote. Their inaction on the bill continues to foster an illegal, unregulated and dangerous environment for Canadian sports bettors. On June 2 the Mohawk Council of […]
  • Adelson Shuts Out Online Poker News Reports from Venetian Poker Room Online Poker News - Sheldon Adelson’s stance against online poker is no secret by now, and his strong and very rich opinion has some people nervous. Adelson, CEO of Las Vegas Sands, makes it very clear just how far he’s willing to go to “protect” the US from online gambling. He’s […]
  • Sheldon Adelson Now Opposes Fantasy Sports This week, the first week of a new NFL season, is the biggest of the year for companies like DraftKings and FanDuel, the platforms that offer a “daily” alternative to traditional “season-long” fantasy sports. This week is when new users sign up in droves. But this season, there are […]