Adelson spending tens of millions more to help GOP in midterms: report

Adelson spending tens of millions more to help GOP in midterms: report
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Casino magnate and Republican mega donor Sheldon Adelson is giving tens of millions of dollars more to the Republican Party in a last-minute effort to help preserve the GOP's majorities in the House and Senate, according to Politico.

The billionaire made the contributions to the Senate Leadership Fund and Congressional Leadership Fund, Politico reported, citing two senior Republicans familiar with the donations. The Senate Leadership Fund and Congressional Leadership Fund are super PACs dedicated to supporting Republicans in the Senate and House, respectively.

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Adelson, an ally of President TrumpDonald John TrumpBiden, Sanders lead field in Iowa poll The Memo: Cohen fans flames around Trump Memo Comey used to brief Trump on dossier released: report MORE, has long bankrolled Republican candidates and causes. His most recent contributions will likely make him the biggest GOP donor of the 2018 election cycle, Politico reported. The new contributions will be reported in filings with the Federal Election Commission by Oct. 15, according to Politico. 

In May, Adelson contributed $30 million to the Congressional Leadership Fund following a meeting in Las Vegas with Speaker Paul RyanPaul Davis RyanThe Hill's 12:30 Report – Cohen says Trump knew payments were wrong | GOP in turmoil over Trump shutdown threat | Kyl to resign from Senate at year's end Trump leaves GOP in turmoil with shutdown looming Senate heads toward floor fight on criminal justice bill MORE (R-Wis.). 

Republicans currently control both the Senate and the House, but their majorities are at risk ahead of November's midterm elections. The GOP is particularly vulnerable in the House, with many models predicting the Democrats could retake control. 

The Democrats would need to flip 23 seats to take control of the House and see a net gain of two seats to take the Senate. 

Adelson, the owner of the Las Vegas Sands casino and resort company, was also among Trump's largest donors during the 2016 presidential campaign.