Casino tycoon donates $75m to pro-Trump PAC

Trump had criticised Adelson for not donating to his campaign.
Trump had criticised Adelson for not donating to his campaign.

Sheldon Adelson has made the donation after his Las Vegas Review-Journal openly endorsed Trump for reelection.

US.- Casino tycoon Sheldon Adelson and his wife have donated $75m to the pro-Trump Preserve America Political Action Committee.

According to new filings, the donation was delivered in multiple instalments in August and September and accounted for around $9 out of $10 that Preserve America PAC raised.

Adelson, CEO of Las Vegas Sands, was reportedly criticised by Trump for his lack of support during the campaign.

But last month the Adelson-owned Las Vegas Review-Journal published an article openly endorsing Trump.

Trump is falling short on cash in comparison to his opponent Joe Biden who has collected $383m in September.

Both Trump and Biden have been competing for votes within the casino industry.

While Trump has appealed to voters through his business-first approach to the pandemic and his attempt to impede the expansion of online gambling, Biden’s has assured the Culinary Union he would not impose any unnecessary restrictions.