Casino Billionaire Sheldon Adelson Is Shocked—Shocked!—by Online Gambling
Mother Jones
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Casino magnate and conservative megadonor Sheldon Adelson has been on a full-scale crusade against internet gambling. An advocacy group he launched and helps to bankroll is currently at the vanguard of a lobbying effort to pass a federal ban on online wagering. The billionaire, who says he’ll spend “whatever it takes” to support the ban, claims he opposes internet gambling on “moral” grounds, because it preys on the most vulnerable members of society. What he doesn’t say is that for years his company, Las Vegas Sands Corp., tested the waters on getting into this business for itself.
Adelson’s pet cause got a boost in Congress earlier this month when Sen. Lindsey Graham (R-S.C.) and Rep. Jason Chaffetz (R-Utah) introduced (for the second time) the Restoration of America’s Wire Act. The bill aims to strengthen the Federal Wire Act of 1961, which prohibited phone and wire-based wagering, by applying it to internet gambling—effectively banning the practice. The Coalition to Stop Internet Gambling, an Adelson-launched group whose chairs include former New York Gov. George Pataki (R) and former San Francisco Mayor Willie Brown (D), is lobbying heavily for the bill and running ads online and in print in support of the cause. On its website, the group casts online gambling as an out-of-control phenomenon that “crosses the line of responsible gaming by bringing gambling into our living rooms and onto our smartphones” by “targeting the young, the poor, and the elderly where they live.”
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Casino Billionaire Sheldon Adelson Is Shocked—Shocked!—by Online Gambling