Sheldon Adelson says he will spend whatever it takes to stop online gambling.
Caesars stock (CZR) was up almost 10% today because the launch of online poker in NJ is going pretty well for them so far.
But Sheldon Adelson, CEO of Las Vegas Sands, and 11th richest person in the country, says he will spent whatever it takes to stop online gambling for "moral" reasons. Link here: http://www.forbes.com/sites/nathanva...rtner=yahootix
What a jerk. Its high time this country got out of its draconian ways. The government needs to stop telling people how to spend their hard earned dollars. I think legalizing online gambling will prove to be quite helpful in getting us out of this economic slump.
I sure hope Chris Christie runs for president in 2016. He may too moderate for many hardcore, tea party republicans, but he is hugely popular here in NJ, even with minorities which is something republicans arent usually good at. Christie is tough and straightfoward, but he is the type that will get stuff done, like legalizing poker.