Key Gingrich Donor Facing Legal Issues

by Katrina Trinko

One of Newt Gingrich’s top donors, the billionaire Sheldon Adelson, is facing legal troubles. Adelson, the chairman of the Las Vegas Sands Corporation, has given Gingrich $7 million in the past five years and is expected to help Gingrich fundraise for his anticipated presidential run. From NBC News:

Adelson and his gambling company have been plagued by legal troubles in recent months. The Sands recently disclosed that it is being investigated by the Justice Department and the Securities and Exchange Commission for possible violations of the Foreign Corrupt Practices Act. …

Adelson’s company has also faced other troubles in Macau. Last December, on the very day Adelson was visiting his Venetian casino there, the local anti-vice squad raided the resort and arrested over 100 alleged prostitutes and pimps who were allegedly operating a sex ring.

Ronald Reese, a spokesman for the Sands, said the hotel firm’s management fully cooperated with the Macau police on the vice squad raid. As for the Justice and SEC probes, he said “we are cooperating fully with the investigations.”