Adelson Donates $5 Million to Trump Inaguration

This story was published more than 5 years ago.

This week it was revealed that gambling tycoon and anti-online gambling advocate Sheldon Adelson donated $5 million to President Donald Trump's inauguration fund, leaving some to wonder if there will be implications for a federal ban on internet gambling.

The revelation was made by the Federal Election Commission, which showed Adelson had donated the huge amount for the party. His $5 million made up about 5% of the total $107 million raised for the parties. This large gift comes after Adelson and his wife donated more than $11.2 million to the Trump campaign, and an additional $20 million to Republican candidates last year.

Adelson has long held the opinion that online gambling should be made illegal, and he has made false claims that it is easy for underage gamblers to play, and the money from the sites goes to fund terrorists. He has stated that he'll do whatever he can and spend as much as he can in order to get the activity outlawed. He favored the Restoration of America's Wire Act bill that was introduced a few years back that would have reversed a 2011 Department of Justice opinion that the Wire Act of 1961 does not apply to online gambling. This would effectively ban online gambling until a time when it could be "debated" in Congress.

It's currently unknown if the donation has any strings attached to it, but interested parties will be keeping an eye on the government to see if any steps are made to try to outlaw the activity in the States.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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20 April 2017 - 11:11pm

It' pretty obvious what Sheldon Adelson doing there, buying himself a president, by the way nice picture there, usually he's uglier 😠

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21 April 2017 - 8:47pm

Well I mean that would make the life for US gamblers even harder which means tgat more players would play in rogue casinos or just illegally gamble. Let's hope it won't get to that.