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Stock impact report

Dade Phelan, House incumbents receive major fundraising boost from casino magnate [Yahoo! Finance]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: Yahoo! Finance
The incumbents saw key support from politically connected business groups and megadonors in recent weeks — capped by a surprise last-minute influx from Miriam Adelson, the owner of the Las Vegas Sands casino empire who is intent on legalizing her business in Texas. Phelan, R-Beaumont, was pushed into an overtime contest after he finished second to GOP activist David Covey in a three-way March primary. [ With the Mavericks, Miriam Adelson is poised to be a Texas political powerhouse. Will it help her legalize casinos? ] Covey raked in an impressive haul in his own right, raising some $1.7 million and spending nearly as much since late February, according to campaign finance reports due this week. Once dismissed as a longshot, the 34-year-old oil and gas trader has won the support of Phelan's high-profile political rivals, including Lt. Gov. Dan Patrick and Midland oilman Tim Dunn, a billionaire megadonor who is funding an aggressive campaign to oust Phelan and rid the party of Show less Read more
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