$150Mwas spent by casino mogul Sheldon Adelson to support a variety of GOP candidates across the country during the 2012 election cycle. None of his chosen candidates won office, including presidential hopeful Newt Gingrich and Republican candidate Mitt Romney, but the billionaire isn’t discouraged.
$300Mwill apparently be spent by Adelson during the 2016 election cycle, marking the second time in a decade that he will double his political donations following the loss of his favored presidential candidate. Adelson also doubled down on his GOP donations after President Obama’s win in the 2008 election. source