Vegas Billionaire Set To Bankroll Smear Campaign On Romney’s Behalf

Las Vegas casino billionaire Sheldon Adelson is preparing to bankroll a smear campaign against President Obama on behalf of Massachusetts millionaire Mitt Romney.

Adelson, who currently is the financial engine behind the pro-Gingrich Winning Our Future Super PAC, reportedly has made contact with Romney in order to plan for the fall campaign.

So far Adelson and his wife have given $10 million in support of Gingrich.

Adelson reportedly has a net worth of $21.5 billion. He and his wife each contributed $250,000 to the re-inauguration committee for George W. Bush.

In 2008 Adelson bankrolled a conservative group called Freedom’s Watch in a failed attempt to stop Democrats from increasing their numbers in the House and Senate.

A Romney insider told the New York Times that Adelson “will do whatever it takes to beat Obama.” [NY Times]