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'Adelson: Gingrich at the end of his line in bid'
ByJTA
March 30, 2012 00:55
Jewish billionaire reportedly foresees end of campaign for US Republican presidential candidate he has monetarily backed.
Republican Newt Gingrich greets voters in Florida

Republican Newt Gingrich greets voters in Florida 390 (R). (photo credit:REUTERS/Shannon Stapleton)

Sheldon Adelson, a major giver to the Newt Gingrich presidential bid, said he believes the GOP candidate is "at the end of his line" in the race.

Adelson's remarks, reported Wednesday by the Los Angeles Jewish Journal, were made informally to a small group on Monday at a Las Vegas hotel and casino owned by Adelson. They came on the sidelines of The Jewish Federations of North America’s second annual TribeFest, a three-day leadership and networking retreat attended by about 1,400 Jewish professionals.



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Adelson, who with his wife has donated more than $16 million to Winning Our Future, an independent committee, or Super PAC, that is run by former Gingrich associates in support of the candidate, also criticized the two Republican front-runners, Rick Santorum and Mitt Romney, according to the Jewish Journal.

The chairman and CEO of the Las Vegas Sands Corp. also reportedly predicted that it was unlikely that Gingrich would be a vice-presidential candidate.

Adelson is worth more than $21 billion, according to Forbes magazine. He is a major giver to Birthright Israel, which provides free 10-day trips to Israel for Jews aged 18 to 26.

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