Adelson funded the Coalition to Stop Internet Gambling and backed Congressional efforts to restore the Wire Act to its pre-2011 interpretation. He spent millions of dollars funding like-minded grassroots organizations in efforts to kill any hint of favorable state-by-state legislative activity to legalize online gaming.
Las Vegas Sands founder and billionaire mogul Sheldon Adelson long expressed moral disapproval toward Internet gaming, believing the activity would diminish results at traditional casinos and could lead to increased problem- and underage-gambling issues.
