Wednesday, September 23, 2015

Billionaire Sheldon Adelson and his casino company set their sights on Georgia

Las Vegas Sands Corp. CEO Sheldon Adelson. AP/John Locher

Las Vegas Sands Corp. CEO Sheldon Adelson. AP/John Locher

The post lacks important specifics, but FloridaPolitics.com reports that the gaming company controlled by billionaire political player Sheldon Adelson, the Las Vegas Sands Corp., has given up its efforts to establish a casino resort in Florida – and has shifted its attention to Georgia.

From the blog:

Nick Iarossi, the Sands’ Florida lobbyist, said chairman Sheldon Adelson and other company heads made the decision over the weekend.

Iarossi said the company as of Monday has been canceling consulting contracts for public relations and lobbying – including his….

The move comes as Sands executives prepare to meet on Wednesday with legislative leadership in Georgia about a move to authorize a destination casino in Atlanta.

You’ll recall that Adelson had the deep pockets that kept Newt Gingrich afloat during the 2012 GOP presidential race – dropping $20 million. Then Adelson spent $30 million on Mitt Romney. So he’s got some Republican IOU’s out there.

Just who Sands officials might be meeting with is unclear, let alone who they’ve hired to make the introductions. Two special House and Senate committees are currently looking at a proposed constitutional amendment to permit a limited number of casinos in Georgia.

In hearings held last week, Jim Murren, the CEO and president of the world’s largest gaming company, MGM Resorts International of Las Vegas said he could see his company making a billion-dollar investment in Atlanta.



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