Adelson’s Internet Gambling Crusade

At first glance, there’s little doubt that most of the people who love to hate Sheldon Adelson are going to assume that he’s in it strictly for the money or to pursue some conservative agenda. But the more you look at it, the casino mogul’s new cause is not one that seems to directly advance either his financial interests or the political or Jewish causes that are close to his heart. Thus, the news reported first last week by the Washington Post that Adelson is going all in on an effort to ban Internet gambling is puzzling his chorus of detractors as well as some of his usual allies. Indeed, most in the gaming industry oppose his efforts, as do many Republicans like New Jersey Governor Chris Christie who might otherwise look to him for support. But Adelson, who is launching the Coalition to Stop Internet Gambling and prepared to back it with his $20-plus billion personal fortune, is convinced that he can change the nation’s mind about the topic. As Forbes notes, Adelson’s initiative comes at a time when:

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Adelson’s Internet Gambling Crusade

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