An excellent political motion committee (PAC) that backs the reelection of Sen. Ted Cruz, R-Texas, lately obtained $1M in contributions from megadonor and on line casino magnate Miriam Adelson.
Miriam Adelson, pictured above. The Republican megadonor made contributions to a PAC benefitting US Sen. Ted Cruz, R. (Picture: Politico)
The PAC has spent over $700K on the Cruz marketing campaign. The whole stability within the PAC as of Might was $1.6M. It formally isn’t a part of Cruz’s reelection marketing campaign.
Adelson and her household are co-owners of Las Vegas Sands (LVS), with Miriam Adelson being the most important shareholder. They’re additionally the brand new majority homeowners of the NBA’s Dallas Mavericks.
Cruz is going through U.S. Rep. Colin Allred, D-Dallas, in November’s election. Throughout Q1 of 2024, Cruz raised over $9.7M from varied sources.
In a current College of Texas ballot, Cruz leads Allred by 11 proportion factors.
LVS is lobbying closely in Texas to get the legislature to again on line casino laws.
Supporting Professional-Playing Politicians
In recent times, Adelson has donated greater than $4M to Texas politicians who help the opening of vacation spot resort casinos in Texas.
These embody Texas Home Speaker Dade Phelan, R, and Rep. John Kuempel, R.
She additionally donated $1M to the reelection marketing campaign of Texas Gov. Greg Abbott, R, in 2022. He has proven restricted help in favor of on line casino laws.
“We don’t need slot machines at each nook retailer, we don’t need Texans to be shedding cash that they want for on a regular basis bills, and we don’t need any sort of crime that may very well be related to gaming,” Renae Eze, Abbott’s press secretary stated in a current assertion. “However, if there’s a method to create a really skilled leisure choice for Texans, Gov. Abbott would check out it.”
Miriam Adelson, like her late husband Sheldon Adelson, is a significant donor to Republican politicians. In 2019-2020, the Adelsons donated greater than $218M to Republican and conservative causes and politicians. Sheldon Adelson handed away in 2021.
Their son-in-law, Patrick Dumont, LVS president and governor of the Dallas Mavericks, additionally helps on line casino enlargement in Texas.
“Us shopping for the crew had nothing to do with getting playing in Texas,” Dumont stated. “Las Vegas Sands has been wanting in Texas manner earlier than we ever knew we had been going to purchase the crew.”
“Now, if there ever comes a time the place these two issues converge and there’s frequent curiosity there, and it is sensible, then we’ll pursue it,” he added. “However for now, I’m very centered on the Dallas Mavericks doing the issues which can be proper for the Mavericks and Las Vegas Sands may be very centered on doing issues which can be proper for Las Vegas Sands.”
