Adelsons spend $75 million on anti-Biden PAC in push for Trump

(JTA) — In a late bid to boost President Donald Trump’s reelection prospects, Sheldon and Miriam Adelson reportedly gave $75 million to a political action committee running ads targeting Democratic presidential nominee Joe Biden.

Politico on Thursday quoted someone close to the Preserve America PAC who said the bulk of the $84 million that the PAC has brought in since its creation at the end of August came from the Adelsons.

Sheldon Adelson is a Las Vegas-based casino magnate who along with his wife are major givers to Jewish and pro-Israel causes as well as to medical research.

The PAC is spending the money on negative ads in swing states, Politico reported. Also giving to the PAC is Bernie Marcus, the Home Depot founder who is a powerhouse in Atlanta’s Jewish community. Marcus gave $5 million dollars, the report said.

The Adelsons last month indicated they were ready to pour another $50 million into efforts to preserve Republican control of the White House and the Senate.

Trump is trailing Biden in the polls and in fund-raising ahead of the Nov. 3 election.