The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
'Adelson: Gingrich at the end of his line in bid'
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.

Be the first to know - Join our Facebook page.

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.

Click here for special JPost coverage

Relevant to your professional network? Please share on Linkedin

  • sheldon adelson
  • republican
  • Prev Article
    Aide: Gingrich cuts back US presidential campaign
    Republican Newt Gingrich greets voters in Florida
    Republican Mitt Romney addresses supporters
    Romney aims to pressure Santorum with wins
    Next Article
    Share this article via
    from around the web
    Related Content
    Sheldon Adelson
    November 12, 2012
    Adelson rejects Olmert claims on PM influence


    Top Stories
    Israel Weather
    • 10 - 24
      Beer Sheva
      9 - 20
      Tel Aviv - Yafo
    • 12 - 19
      10 - 20
    • 13 - 27
      10 - 24