Posted on: November 5, 2024, 07:59h.
Last updated on: November 5, 2024, 09:16h.
Ahead of the 2024 election, Dr. Miriam Adelson, one of Donald Trump’s richest and most loyal supporters who earlier this year pledged to spend “whatever it takes” to reelect her fellow billionaire, wrote her reasons as to why she’s backing the Republican.
Adelson, the widow of the late Sheldon Adelson, who founded and led the Sands empire, the world’s richest casino company with a market cap of more than $37 billion, additionally inherited the Las Vegas Review-Journal when her husband died in January 2021 at the age of 87. In an op-ed in Nevada’s largest newspaper, Adelson, the controlling shareholder of Las Vegas Sands, detailed a story from five years ago in which Trump listened to a band of special-needs musicians from Israel sing “God Save America.”
One by one, they then shuffled up to the towering leader of the free world, who was more than happy to hug, clap, and chat with them. This was no scripted photo-op with models or generals, statesmen or sportsmen. There was no political payoff. It was as simple and as sincere as it looked: a beaming father of five, extending his paternal warmth and encouragement to an extraordinary group of young people,” Adelson wrote.
Adelson said the private moment was a stark contrast from the media’s portrayal of the former casino magnate.
“The image has stayed with me, a useful antidote to the endless farrago of lies about a man who seems to uniquely madden the news media,” Adelson continued.
Adelson Bets Big, Again
The world’s eighth-richest woman with a fortune of more than $34 billion, Adelson poured about $100 million into Trump’s 2024 presidential campaign.
The 2024 election cycle brings the Adelson family’s political contributions to Trump’s campaigns in 2016, 2020, and 2024 to more than $300 million. The Sands owners have given hundreds of millions of dollars more to congressional races and Republican super PACs.
In what was seemingly a dig at her Dallas Mavericks minority co-owner, billionaire Mark Cuban, who late last month said Trump is never seen “around strong, intelligent women” because he “doesn’t like being challenged by them,” Adelson wrote in her editorial that she’s a proud female backer of Trump.
Mr. Trump, you have my vote. I say this clearly, as a proud female professional, a former Army officer, a veteran physician and businesswoman: You are the right man — the only man — for the job,” Adelson concluded.
Along with Adelson’s endorsement, the RJ in October backed Trump for president. The paper has endorsed the Republican presidential candidate each year since John McCain during the 2008 election. The Adelson family bought the media company in 2015 for $140 million.
Adelson additionally controls the Israel Hayom, an Israeli national Hebrew-language newspaper.
Voting Open
Election Day polls are officially open.
As America decides the next leader of the free world, betting markets heavily favor Trump over Vice President Kamala Harris. After a rush of action on the VP over the past week that had narrowed the odds, the late money has been on Trump.
On Polymarket, Trump’s odds suggest he has a 62% shot of winning a second term. On Kalshi, bettors say the likelihood of another Trump White House is 59%.
At BetMGM in Ontario, where political betting is allowed, oddsmakers have Trump at -165 (implied odds of 62.2%) to Harris at +135 (42.5%).
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