Sheldon Adelson plans to double down on campaign donations

The conservative billionaire is unfazed by his sweeping election night losses

Published December 5, 2012 4:32PM (EST)

Sheldon Adelson     (Wikipedia)
Sheldon Adelson (Wikipedia)

Despite spending $100 million on the 2012 elections and seeing most of his chosen Republican candidates lose their races, Sheldon Adelson says he'll double down on the next campaigns.

"I'll spend that much and more," he told the Wall Street Journal. "Let's cut any ambiguity."

Adelson's 2012 spending was double what he spent in 2008, according to the Journal.

"I happen to be in a unique business where winning and losing is the basis of the entire business," Adelson said. "So I don't cry when I lose. There's always a new hand coming up."

 


By Jillian Rayfield

Jillian Rayfield is an Assistant News Editor for Salon, focusing on politics. Follow her on Twitter at @jillrayfield or email her at jrayfield@salon.com.

MORE FROM Jillian Rayfield


Related Topics ------------------------------------------

2012 Elections Campaign Finance Republicans Sheldon Adelson Super Pacs