Fund-raising stalled, Republican convention asks Adelson for donation

Gambling giant Las Vegas Sands Corp's Chief Executive Sheldon Adelson speaks during an interview with Reuters in Macau, ChinaBy Daniel Trotta CLEVELAND (Reuters) – A handful of donors to the Republican National Convention have withdrawn pledges and fund-raising has stalled during Donald Trump’s polarizing bid for the presidency, leading organizers to ask casino mogul Sheldon Adelson for an urgent donation. The Cleveland 2016 Host Committee said in a statement on Friday it had approached Adelson, a generous party benefactor, while also acknowledging its fund-raising has come to a virtual standstill, leaving a $6 million shortfall. “Negative publicity around our potential nominee resulted in a considerable number of pledges backing out from their commitments,” the Host Committee said in a letter it sent to Adelson, according to the political news website Politico, which said it had obtained the letter.

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