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Moody reports: "Restore Our Future, a super PAC supporting Mitt Romney's campaign for president, raised about $20 million in June, just under half of the donations came from Las Vegas casino magnate Sheldon Adelson and his wife, who each donated $5 million apiece to the effort."

Casino mogul Sheldon Adelson is determined to spend whatever it takes to oust President Barack Obama. The Supreme Court says he can keep on spending. (photo: Getty Images)
Casino mogul Sheldon Adelson is determined to spend whatever it takes to oust President Barack Obama. The Supreme Court says he can keep on spending. (photo: Getty Images)



Sheldon Adelson Continues to Pour Money Into Pro-Romney Super PAC

By Chris Moody, The Ticket/Y!News

21 July 12

 

estore Our Future, a super PAC supporting Mitt Romney's campaign for president, raised about $20 million in June, more than three times the amount pulled in by the main super PAC behind President Barack Obama's re-election bid.

Just under half of the donations came from Las Vegas casino magnate Sheldon Adelson and his wife, who each donated $5 million apiece to the effort.

The group also received gifts of $1 million or more from a handful of sources, including Boston-based private equity leader John W. Childs, Texas-based real estate investor Harlan Crow and businessman Bill Koch. Foster Friess, who supported former Pennsylvania Sen. Rick Santorum's Republican primary bid, gave $200,000.

So far this calendar year, Restore Our Future has raised $52 million and has $23 million left in cash on hand, according to financial disclosures filed with the Federal Election Commission Friday. The June haul is a significant boost from May, when the group raised $4.9 million.

Priorities USA Action, which supports Obama, took in $6.1 million in the same month.

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