PDA

View Full Version : Nevada casino owners betting BIG on McCain


Regis Philbin
Oct 28th, 2008, 07:37 PM
http://www.cbsnews.com/stories/2008/10/24/eveningnews/main4544780.shtml

:hat: Casino Tycoons Stack Chips For McCain

CBS Evening News: Sin City Bigs Bundle Cash For Republican, Fearing Regulations Under Obama

LAS VEGAS, Oct. 24, 2008

Casino Heads Bet On McCain

(CBS) Las Vegas embraces 36 million people a year, each looking to get lucky - and get rich.

But the casinos aren't nearly so welcoming when it comes to Washington regulations - and in Campaign '08, they're leaving nothing to chance, CBS News investigative correspondent Sharyl Attkisson reports.

You might not know it, but America’s gambling obsession has become a major force in the U.S. economy. All that money pouring into casinos and wagered in sports betting amounts to $85 billion a year.

And the handful of tycoons, who control the gambling industry, are playing an unprecedented role: putting all their money behind Sen. John McCain in Nevada, a key battleground state.

McCain's Vegas team of five includes billionaires Sheldon Adelson, of Las Vegas Sands and longtime Democrat Steve Wynn of Wynn Resorts. They're acting as "bundlers," mega-fundraisers who, critics say, get special access.

--------

Poirier says they worry Obama would be a big regulator - and cost them billions.

"It could bring problems with unions; it could bring problems with taxes," he said.

LesterX
Oct 28th, 2008, 07:57 PM
I'll be sure to say hi to the casino tycoons when I head to Vegas next week to help get out the vote for Obama.

lions1mew
Oct 28th, 2008, 08:04 PM
^5 Les!

Yeah, they make entirely too much money as it is. Scale back on the luxury and charge less, then we'll talk.

Murrican
Oct 28th, 2008, 10:23 PM
They simply need to redistribute their wealth more. Something everybody can agree on!

lions1mew
Oct 29th, 2008, 07:50 AM
Yes we can agree on that. Just like Sarah Palin did in Alaska. $1200 for every man woman and child? Now THAT is redistribution!!!