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Las Vegas casinos betting on John McCain

Las Vegas casinos betting on John McCain The close ties between the Republican party and the gambling sector, namely the Las Vegas casinos, are no secret. Back in November 2007, the New York Daily News reported that Republican presidential candidate Rudy Giuliani has forked up more than $122,000 last summer alone for jets traceable to casino gambling boss Sheldon Adelson, who owns the Las Vegas Sands and is the third richest man in America. Today the last GOP candidate standing, John McCain, will get a piece of the Las Vegas casino gambling pie. Las Vegas casino magnates, among whom casino resort mega-developer Steve Wynn and MGM Grand CEO Terry Lanni, will be hosting a luncheon fundraiser today for Senator John McCain at the prestigious (and well guarded) Southern Highlands Golf Club in Sin City. Las Vegas Sands chairman Sheldon Adelson is also listed among the hosts of the fundraiser.

 According to various reports, high-rollers who contribute $33,100 will get a private audience with McCain at a special "roundtable private discussion", but just $1,000 will still get you in at the main luncheon. Overall in Las Vegas, McCain continues to lead in contributions with $480,000, compared to Barack Obama at just $272,000 received from Vegas residents.

 But while the Las Vegas casinos are placing their bets on John McCain to win the upcoming Elections, the online sportsbooks are posting odds heavily against the GOP candidate. At BodogSports, for example, Barack Obama is big favorite with odds -230 to win the November Elections, while John McCain is trailing with long odds +160.

 Published on 06/25/2008

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