Sheldon Adelson (Wikipedia)
Sheldon Adelson plans to double down on campaign donations
The conservative billionaire is unfazed by his sweeping election night losses
December 5, 2012 9:32PM (UTC)
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."
Jillian Rayfield is an Assistant News Editor for Salon, focusing on politics. Follow her on Twitter at @jillrayfield or email her at email@example.com.