Las Vegas Bets on Reid for Senate

Flickr user <a href="http://www.flickr.com/photos/timpearcelosgatos/3557857253/">TimPierce</a>/Creative Commons

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


In Vegas, casino managers make sure the house always wins. So who are they betting on for the Nevada race? October FEC disclosure forms showed executives at nearly every casino on the strip backing Reid over tea party darling Sharron Angle, though they might want to go all in, and soon, if they want to win.

Angle managed to snag $50,000 from four donors from the Las Vegas Sands Corp. (Sands, Venetian, Palazzo) during the last fiscal quarter. During the same time, Reid received around $52,000 from nearly two dozen C-level execs from the MGM Resorts behemoth (Aria, Bellagio, MGM, Mirage, Excalibur, Luxor, Mandalay Bay, New York-New York, Circus Circus, Monte Carlo). Reid also got $11,000 from supporters at Harrah’s Entertainment (Caesar’s Palace, Rio, Paris, Bally’s). Overall, Reid has many more casinos (and their respective employees) to draw from, but Angle’s are willing to pony up $10,000 a piece while many of Reid’s are still in the four-digits. OpenSecrets.org shows Reid earning a total of $22 million for his 2010 campaign, versus Angle’s $18 million. It’s a respectable difference, but not enough when you consider FiveThirtyEight shows the two candidates head to head: Angle 49.6%, Reid 47.6%.

It’ll be interesting to see if Vegas bigwigs decide to up the ante and give more to Reid during these crucial final weeks, or if they’re going to cut their losses and walk away. As any good gambler knows, you gotta know when to hold ’em, and when to fold ’em.

 

AN IMPORTANT UPDATE ON MOTHER JONES' FINANCES

We need to start being more upfront about how hard it is keeping a newsroom like Mother Jones afloat these days.

Because it is, and because we're fresh off finishing a fiscal year, on June 30, that came up a bit short of where we needed to be. And this next one simply has to be a year of growth—particularly for donations from online readers to help counter the brutal economics of journalism right now.

Straight up: We need this pitch, what you're reading right now, to start earning significantly more donations than normal. We need people who care enough about Mother Jones’ journalism to be reading a blurb like this to decide to pitch in and support it if you can right now.

Urgent, for sure. But it's not all doom and gloom!

Because over the challenging last year, and thanks to feedback from readers, we've started to see a better way to go about asking you to support our work: Level-headedly communicating the urgency of hitting our fundraising goals, being transparent about our finances, challenges, and opportunities, and explaining how being funded primarily by donations big and small, from ordinary (and extraordinary!) people like you, is the thing that lets us do the type of journalism you look to Mother Jones for—that is so very much needed right now.

And it's really been resonating with folks! Thankfully. Because corporations, powerful people with deep pockets, and market forces will never sustain the type of journalism Mother Jones exists to do. Only people like you will.

There's more about our finances in "News Never Pays," or "It's Not a Crisis. This Is the New Normal," and we'll have details about the year ahead for you soon. But we already know this: The fundraising for our next deadline, $350,000 by the time September 30 rolls around, has to start now, and it has to be stronger than normal so that we don't fall behind and risk coming up short again.

Please consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

—Monika Bauerlein, CEO, and Brian Hiatt, Online Membership Director

payment methods

AN IMPORTANT UPDATE ON MOTHER JONES' FINANCES

We need to start being more upfront about how hard it is keeping a newsroom like Mother Jones afloat these days.

Because it is, and because we're fresh off finishing a fiscal year, on June 30, that came up a bit short of where we needed to be. And this next one simply has to be a year of growth—particularly for donations from online readers to help counter the brutal economics of journalism right now.

Straight up: We need this pitch, what you're reading right now, to start earning significantly more donations than normal. We need people who care enough about Mother Jones’ journalism to be reading a blurb like this to decide to pitch in and support it if you can right now.

Urgent, for sure. But it's not all doom and gloom!

Because over the challenging last year, and thanks to feedback from readers, we've started to see a better way to go about asking you to support our work: Level-headedly communicating the urgency of hitting our fundraising goals, being transparent about our finances, challenges, and opportunities, and explaining how being funded primarily by donations big and small, from ordinary (and extraordinary!) people like you, is the thing that lets us do the type of journalism you look to Mother Jones for—that is so very much needed right now.

And it's really been resonating with folks! Thankfully. Because corporations, powerful people with deep pockets, and market forces will never sustain the type of journalism Mother Jones exists to do. Only people like you will.

There's more about our finances in "News Never Pays," or "It's Not a Crisis. This Is the New Normal," and we'll have details about the year ahead for you soon. But we already know this: The fundraising for our next deadline, $350,000 by the time September 30 rolls around, has to start now, and it has to be stronger than normal so that we don't fall behind and risk coming up short again.

Please consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

—Monika Bauerlein, CEO, and Brian Hiatt, Online Membership Director

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate