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December 7, 2012

Report: Adelson Spent $150 Million on Failed Election Campaigns 
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Casino magnate Sheldon Adelson has reportedly spent more money on his
failed effort to defeat President Obama's re-election than previously
disclosed. While Adelson had once vowed to spend up to $100 million of
his fortune to defeat Obama and win Republican control of Congress, two
Republican fundraisers have told the Huffington Post that Adelson
actually spent some $150 million. In addition to Mitt Romney, none of
Adelson's other favored candidates won their election races.

 

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