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(The Atlantic Wire)   Who is the main money man funding the Coalition to Stop Internet Gambling? Why its prolific Republican donor and, uhhh...Casino magnate Sheldon Adelson, of course   (theatlanticwire.com) divider line 70
    More: Obvious, Sheldon Adelson, coalitions, Republicans, online, blood donors  
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779 clicks; posted to Politics » on 18 Nov 2013 at 2:54 PM (49 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-11-18 02:34:23 PM  
He was also the largest backer of Mitt Romney's Presidential campaign. So this guy is great at betting on winners.
 
2013-11-18 03:01:22 PM  
Rich assholes are trying to shut down internet competition? What a shocker.
 
2013-11-18 03:02:13 PM  
And if his boy Newt had prevailed, there'd be casinos on the Moon by 2020.
 
2013-11-18 03:02:21 PM  
Who the hell did you think it would be?
 
2013-11-18 03:02:52 PM  

Bareefer Obonghit: He was also the largest backer of Mitt Romney's Presidential campaign. So this guy is great at betting on winners.


In addition to dropping 10 million when Newton Gingrich was still in the running.

/Farking Shocked
//Color me
 
2013-11-18 03:03:04 PM  
Sheldon Adelson is like an onion made of shiat.
 
2013-11-18 03:09:49 PM  
The party of Small Business, Pro Business, Free Market and Small Government ensuring that Small Businesses like those owned by Adelson get pro-business regulations guaranteeing a Free Market of not-online casinos through Small Government regulations.
 
2013-11-18 03:10:02 PM  
Back in the "good old days" of the Mafia running gambling, they would have a problem with this as they would also control all the online gambling too.
 
2013-11-18 03:12:32 PM  
Republicans are all in favor of deregulation except for when those regulations protect their privileged status. In other news, fire is hot.
 
2013-11-18 03:14:57 PM  

Serious Black: Republicans are all in favor of deregulation except for when those regulations protect their privileged status. In other news, fire is hot.


See also: Tesla sales in Texas, North Carolina.
 
2013-11-18 03:15:02 PM  
www.pciyes.com
/surprised by this expose
 
2013-11-18 03:15:32 PM  
Well, it's not exactly stupid of him. I'm sure it's hurting the little mom & pop casinos, but I can't get excited about this.
 
2013-11-18 03:16:32 PM  

carrion_luggage: And if his boy Newt had prevailed, there'd be casinos on the Moon Ronald Reagan Orbital Economic Zone by 2020.



Fixed that for ya
 
2013-11-18 03:17:16 PM  
Internet gambling, unless it includes sports, is asinine.
 
2013-11-18 03:19:29 PM  

Bermuda59: Back in the "good old days" of the Mafia running gambling, they would have a problem with this as they would also control all the online gambling too.


Surely there must be some mafiasos left who are willing to, as a consequence of other motives, help stem the tide of SuperPAC money in politics?
 
2013-11-18 03:23:19 PM  
i.imgur.com
 
2013-11-18 03:24:17 PM  

LordJiro: Rich assholes are trying to shut down internet competition? What a shocker.


Note how every advocates of most vice taxes seems to get funding support from competing vices. Note how locales will set up licensing boards for things like florists that keep new firms out of the market. It's called rent seeking behavior, and it's old as society.
 
2013-11-18 03:25:21 PM  

thismomentinblackhistory: Well, it's not exactly stupid of him. I'm sure it's hurting the little mom & pop casinos, but I can't get excited about this.


*Snicker.*

That is like saying Ma & Pop mega Amusement Parks or Telcom companies. They may be out there but far to few and far far in between.
 
2013-11-18 03:25:35 PM  
Competition is bad for business.
 
2013-11-18 03:28:27 PM  

Third Day Mark: Bareefer Obonghit: He was also the largest backer of Mitt Romney's Presidential campaign. So this guy is great at betting on winners.

In addition to dropping 10 million when Newton Gingrich was still in the running.

/Farking Shocked
//Color me


Newt Gingrich did exactly what Sheldon wanted him to - put in a decent showing among socially conservative voters in States where Santorum had a decent shot at winning so Mitt could win those primaries with <40% of the vote.

He basically spent $10 million to make sure his chosen candidate won a major party primary - which s a steal given the total amount of cash flying around during the election season.
 
2013-11-18 03:35:08 PM  
Sheldon Adelson makes poker players wish for the good ol' days, when the mob controlled Vegas.
 
2013-11-18 03:37:13 PM  
I'm surprised that Mitt Romney hasn't been turned into the next Jimmy Hoffa.
 
2013-11-18 03:41:03 PM  
I think this transcends politics. I am sure a Democrat supporting casino owner would be as equally as any GOP supporting casino owner.

/Both Red and Blue love green!
 
2013-11-18 03:42:35 PM  
*supporting this


/farking preview..how does it work again?
 
2013-11-18 03:47:37 PM  

Bermuda59: Back in the "good old days" of the Mafia running gambling, they would have a problem with this as they would also control all the online gambling too.


Say what you will about the mafia, at least they let you have Thanksgiving dinner with your family. Come to think of it, lots of things are better under mafia control. Except the Illinois tollway.

I don't know what I'm saying exactly.
 
2013-11-18 03:55:14 PM  
I've never understood this sort of behavior.

Wouldn't opening his own (whatever) themed web-site with direct ties to the physical casinos be good?
Wouldn't HardRockCasino.com get more traffic than GenericPoker.com?

Same with marijuana.
Why wouldn't they make Merk branded FukItAll brand MJ.

/methinks that they just don't want to work all that hard.
//bootstraps are for people who haven't made it
///overbearing regulations for those who have
 
2013-11-18 03:59:57 PM  
 He's right. Gambling is evil.
We can start by shutting down Vegas.
And since republicans are soooo genuine and earnest Ol Sheldon can start by scuttling his first.
I mean isn't that they line they always throw at wealthy liberals who argue for a progressive tax system? Seems fair that they would put their money where their mouth is. If they were honest that is.
 
2013-11-18 04:03:05 PM  
Just like the SF Giants are funding the effort to keep the Golden State Warriors out.
 
2013-11-18 04:03:31 PM  

Jackson Herring: [i.imgur.com image 401x271]


Came for Lard.  Leaving happy.

/I love Lard
 
2013-11-18 04:04:32 PM  
Paging ox45tallboy. Paging ox45tallboy Report to FARK thread #8022987 please.
Ox45tallboy. report to FARK thread #8022987 please. Your services are requested.
 
2013-11-18 04:05:57 PM  
isn't whipping this basically what Jack Abramoff went to jail for? Trying to whip up moral outrage to shut down an Indian tribe's casino, in order to benefit his client-an Indian tribe with a gambling casino?  (though I think he might have singed the first tribe up as a client and promised to get their casino re-opened as well)
 
2013-11-18 04:07:50 PM  

torr5962: Internet gambling, unless it includes sports, is asinine.


stoplikingwhatidontlike.jpg
 
2013-11-18 04:08:14 PM  
Adelson is also the biggest funding source for the Coalition to Prolong Life by Drinking the Blood of Young Virgins.
 
2013-11-18 04:12:01 PM  

LordJiro: Rich assholes are trying to shut down internet competition? What a shocker.


John Galt wannabes (or supporters of the wannabes) often are the people most opposed to competition.

The Republicans support the people opposed to competition. They are anti-market.
 
2013-11-18 04:14:55 PM  
didn't he have a problem in Macau?
 
2013-11-18 04:19:41 PM  

StubhyGraham: Serious Black: Republicans are all in favor of deregulation except for when those regulations protect their privileged status. In other news, fire is hot.

See also: Tesla sales in Texas, North Carolina.


See also also:  Time-Warner in North Carolina and the "Level the Playing Field" Act.
 
2013-11-18 04:24:05 PM  
Hopefully the Triads in Maccau find him dispensable when they take over his properties there.

/yes, I am cheering for something to happen
//in the old days, his feud with Steve Wynn would've been settled with shootouts over Spring Mountain Rd.
///like cheering for a turd over a shiat sandwich
 
2013-11-18 04:28:58 PM  

Witty_Retort: I've never understood this sort of behavior.

Wouldn't opening his own (whatever) themed web-site with direct ties to the physical casinos be good?
Wouldn't HardRockCasino.com get more traffic than GenericPoker.com?

Same with marijuana.
Why wouldn't they make Merk branded FukItAll brand MJ.

/methinks that they just don't want to work all that hard.
//bootstraps are for people who haven't made it
///overbearing regulations for those who have


Because building a website has low barriers to entry, unlike building a physical building. If the option of using visiting an internet casino is out, then demand for physical building casinos will be comparatively higher. If someone wants to build another physical casino to compete with yours, simply "convince" the county board to zone whatever plot of land your competition buys as being unsuitable for a casino until they give up. Or hell: get them to pass a ban on casinos with a grandfather clause.
 
2013-11-18 04:29:49 PM  

Serious Black: Republicans are all in favor of deregulation except for when those regulations protect their privileged status. In other news, fire is hot.


Fire indeed hot.
 
2013-11-18 04:34:55 PM  
Farking magnates.  How do they work?
 
2013-11-18 04:37:47 PM  

Grungehamster: Because building a website has low barriers to entry, unlike building a physical building. If the option of using visiting an internet casino is out, then demand for physical building casinos will be comparatively higher.


Tru dat.

But my question has always been if your brand is good enough, wouldn't online gamblers generally migrate towards your casino. If you gave away room comps or discounts for doing good online...

Maybe he operates crappy casinos and is the only game in town.

/I don't know anything of him other than he poured a lot of money into Newt's campaign
//not researching him
 
2013-11-18 04:50:02 PM  

Witty_Retort: I've never understood this sort of behavior.

Wouldn't opening his own (whatever) themed web-site with direct ties to the physical casinos be good?
Wouldn't HardRockCasino.com get more traffic than GenericPoker.com?


But moooooommmmm, innovation is hard!
 
2013-11-18 04:57:35 PM  
I would absolutely love to put real money on this:
http://www.saltybet.com/

Because I'm insane.
 
2013-11-18 05:05:39 PM  

LordJiro: "Rich assholes are trying to shut down internet competition? What a shocker."



Forget who's backing the effort against online gambling for a second -- do you really think that internet gambling is good for society? In particular, for the poor?

Let's stipulate that Adleson is a rich asshole as you say. Opposing this coalition just based on that judgment is called cutting off your nose to spite your face. Would you rather see a few poor people lose some money to him and his comparatively-well-regulated, domestic casinos that they have to drive to, or a lot more poor people lose a lot more money to ubiquitous, anonymous, difficult-to-regulate outfits that they don't have to go any further than their desks to patronize?
 
2013-11-18 05:19:10 PM  
free market capitalism... buy the politicians to snuff competition... classy play the rules because there are none against it...
 
2013-11-18 05:28:44 PM  
On the other hand the congresscritter trying to make Internet Poker legal is Rep. Joe "I apologize to BP" Barton.

Sayyyyy....maybe Adelson is behind that, too.
 
2013-11-18 05:30:54 PM  
I don't trust computer gambling. Seems to easy for the maker of the program/machine to just manipulate the software so that you never win. Oh, you got a 20 in computer black jack? The dealer just miraculously pulled an ace to match up with his king. Oh, you've got a straight? The dealer just drew three new cards and now he's got a Full House.

/I don't trust it
 
2013-11-18 06:24:42 PM  

All2morrowsparTs: thismomentinblackhistory: Well, it's not exactly stupid of him. I'm sure it's hurting the little mom & pop casinos, but I can't get excited about this.

*Snicker.*

That is like saying Ma & Pop mega Amusement Parks or Telcom companies. They may be out there but far to few and far far in between.


Mom & Pop telecom companies used to be all over the place.  They showed local programming and some shows even had franchises that would be shown with the same characters, but local stars.  In Philly we had shows like "Captain Noah", "Chief Halftown", "The Al Albert Showcase", and "Larry Ferrari" that would NEVER be shown today.

And that's because, around 2002, Congress abolished the FCC rule that limited the number of stations a company could own in a particular market.  Small businesses were immediately crushed by the larger ones that they couldn't possibly compete with, and we went from having about 600-800 such companies to about 6.

And they have Mom & Pop amusement parks, if you include carnivals and Renaissance Faires.
 
2013-11-18 06:44:28 PM  

spmkk: LordJiro: "Rich assholes are trying to shut down internet competition? What a shocker."


Forget who's backing the effort against online gambling for a second -- do you really think that internet gambling is good for society? In particular, for the poor?

Let's stipulate that Adleson is a rich asshole as you say. Opposing this coalition just based on that judgment is called cutting off your nose to spite your face. Would you rather see a few poor people lose some money to him and his comparatively-well-regulated, domestic casinos that they have to drive to, or a lot more poor people lose a lot more money to ubiquitous, anonymous, difficult-to-regulate outfits that they don't have to go any further than their desks to patronize?


I made no statement as to the ethics of internet gambling versus real gambling, I merely mocked his motives for opposing it. For the record, though, I can see the reasoning from both sides. While I'm leery of outright banning anything, I can see the problems internet gambling presents. It's a tricky situation.

My feelings on the matter aside, shouldn't Republicans LIKE all that? I often hear that we shouldn't prevent people from making stupid decisions, and that if a business screws its customers so much, the Invisible Hand of the Free Market would shut it down.
 
2013-11-18 07:15:09 PM  
That guy is a maniacal hiccup/laugh away from being the scariest bond villain since Blofeld.
 
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