Las Vegas Sands Has Spent $460,000 This Year Lobbying on Online Gambling

13

You might recall that Las Vegas Sands CEO Sheldon Adelson (pictured) has pledged to spend “whatever it takes” to rid the United States of online gambling. In fact, he has corralled two lawmakers – Senator Lindsey Graham (R-SC) and Representative Jason Chaffetz (R-UT) – into introducing bills to do exactly that. How much money have Adelson and his Coalition to Stop Internet Gambling spent in 2014?

PocketFives’ news coverage is brought to you by Betsafe, one of the leading suppliers of online gaming products worldwide and a major sponsor of Gumball 3000. Sign up now for great bonuses, €3,000,000 guaranteed monthly, and plenty of live events!

According to a recent article from OpenSecrets, Las Vegas Sands has been busy on Capitol Hill lobbying lawmakers to its side: “The company paid out $290,000 during the second quarter lobbying solely on the issue of online gambling or the two bills that would ban it. That brings its yearly lobbying total to $460,000, spending in six months just $10,000 shy of what it spent in all of 2008, the year of its biggest-ever K Street splurge.”

Whereas Las Vegas Sands, which owns the Venetian and Palazzo in Las Vegas and Sands Bethlehem in Pennsylvania, has not launched any regulated online gambling sites, Caesars Entertainment is among the companies that has. Caesars, whose Interactive division runs WSOP.com, among other outlets, has also been busy trying to sway Congressmen, according to OpenSecrets.

The site revealed that Caesars “spent $980,000 to advocate on various issues including online gaming in the second quarter, bringing its total so far this year to almost $1.8 million. That’s close to the $1.9 million tab Caesars ran for 2013 in its entirety.”

The stakes could continue to rise as states like California and Pennsylvania grow closer to legalizing internet gambling. And plenty of other companies have dipped their toes into the lobbying pool as well, according to OpenSecrets: “Churchill Downs, Inc… spent $95,000 lobbying in the second quarter, mainly to oppose the ban. Meanwhile, Boyd Gaming, another online gaming pioneer, spent $230,000, mostly on the same issue. MGM Resorts reported spending $240,000 so far this year on several issues, including online gaming, which it supports.”

By comparison, in 2009, an Associated Press article revealed that the Poker Players Alliance, one of the main lobbying voices for poker players on Capitol Hill in the US, was planning to spend $3 million lobbying in 2009 and 2010. In the fourth quarter of 2008, it spent $300,000. And according to CardPlayer, “In 2006, the PPA spent $540,000, and in 2005, the first year it existed, $260,000.”

Little movement is expected on the legislative front on Capitol Hill for the remainder of the year given the upcoming elections in November, when one-third of the Senate and the entire House of Representatives will be up for grabs. We’ll keep you posted on the latest poker legislation news right here on PocketFives.

Want the latest poker headlines and interviews? Follow PocketFives on Twitterand Like PocketFives on Facebook. You can also subscribe to our RSS feed.

13 COMMENTS

    • Support your poker rights, boycott all Sands properties including the Venetian.

      I agree. This means the Venetian and the Sands in Bethlehem, PA as well.

    • someone needs to off these fools, Dan Bilzerian should throw a million bounty. Burn in hell greedy old pieces of shit

    • someone needs to off these fools, Dan Bilzerian should throw a million bounty. Burn in hell greedy old pieces of shit

      Too bad Dan posted a picture on his instagram recently playing nosebleed stakes baccarat in the Palazzo. He obv doesn’t give 2 sh*ts.

    • Whatever came of his supposed illegal campaign contribution of $10,000? Swept under the rug as usual. He’d be more of a hero to people if he put that money toward the homeless, hunger or donate it to PETA. All hes doing is pissing money away and pissing people off. Dumb ass doesn’t know hes biting the hand that feeds him?

    • Support your poker rights, boycott all Sands properties including the Venetian.

      and vote smart in all upcoming elections.

    • With so many entertainment choices and Adelson’s obvious and greedy attempt to control YOUR dollars any self respecting American who ever enjoyed playing poker online should boycott this troll’s properties. There’s just no excuse not to unless you’re truly ignorant.

    • I dont think the fate of online poker in USA depends on this guy and his pals…it depends on the Americans who love the game and support the growth of poker …so dont wait for them to take action yall take action!he can lobby his casinos who cares…Life is jus a g@me so play it (jus like in the matrix) are yall gonna be on neo’s side ? or yall gonna follow MR ANDELSON….

    • By the end of the year the two states he has brick and mortar casinos in will be two of a handful with online poker. Haha!