Newt Backer Sued for $375 Million


Should Newt’s campaign be worried? Sheldon Adelson—the Las Vegas billionaire known for bankrolling Gingrich’s presidential aspirations—is now facing down a $375 million lawsuit. Adelson and his family own Las Vegas Sands, a casino operator, which is being sued by former partner Asian American Entertainment for breach of contract regarding the company’s successful bid for a gambling license in Macau. This is just one of many legal actions taken against Las Vegas Sands since they were permitted to build casinos in Macau 10 years ago.