'Adelson: Gingrich at the end of his line in bid'

Jewish billionaire reportedly foresees end of campaign for US Republican presidential candidate he has monetarily backed.

By JTA
March 30, 2012 00:55
1 minute read.
Republican Newt Gingrich greets voters in Florida

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

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

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

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Sheldon Adelson
November 12, 2012
Adelson rejects Olmert claims on PM influence

By JERUSALEM POST STAFF