Tags: Gingrich | Super PAC

Billionaire Gives $5 Million to Pro-Gingrich Group

Saturday, 07 Jan 2012 11:14 PM

A Las Vegas billionaire with ties to Newt Gingrich has given $5 million to an independent group backing the former House Speaker's presidential bid.

A person familiar with the situation said casino mogul Sheldon Adelson made the contribution Friday to Winning the Future, a pro-Gingrich super PAC. The person said Adelson would spend heavily to assist whichever candidate wins the Republican nomination.

Adelson is a longtime supporter of GOP candidates and has been a friend and backer of Gingrich for many years.

Gingrich's campaign has struggled since a super PAC supporting Mitt Romney spent $3 million on ads attacking him in Iowa.

The Washington Post first reported the $5 million contribution. Politico reported last month that Adelson was prepared to spend $20 million to help Gingrich.

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2012-14-07
Saturday, 07 Jan 2012 11:14 PM
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