Adelson covering his bets

February 5, 2012 3:10 pm

When it comes to owning, er, backing a GOP presidential candidate, it looks like casino mogul Sheldon Adelson plans to split his hand.

Adelson and his wife have given $10 million to Newt Gingrich’s fading presidential campaign. But the New York Times reports that Adelson has made clear to Mitt Romney’s camp that he will put some big bucks in his campaign war chest if Gingrich drops out. 

Betting on Romney would appear to be an odd choice for Adelson. After all Romney is a Mormon, and that religion strictly prohibits gambling. But Adelson opposes online gambling, and so does Romney. Gingrich remains the best candidate for gamblers, but that didn’t translate into many votes in Nevada, the gambling mecca. Beyond gambling, Adelson seems more intent on removing Barack Obama from the White House and installing a president who will be a hawk when it comes to supporting Israel.

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