LAS VEGAS, Nov. 24 (UPI) -- The conservative activist group Freedom's Watch may be on the verge of shutting its doors, the Las Vegas Review-Journal reported Monday.
Citing insiders, the newspaper said the group's major backer, Las Vegas mogul Sheldon Adelson, was battling to hold his Las Vegas Sands empire together amid the U.S. credit crunch and the softening Vegas tourism economy.
Freedom's Watch has been an aggressive spender on partisan broadcast ads this year in various Senate and congressional races around the United States.
Sources told the newspaper the organization's staff had been paid through the end of the year but Freedom's Watch would probably shut down after that.
A Freedom's Watch spokeswoman downplayed the pending staff departures, telling the Review-Journal the positions had been added for the election campaign and were being phased out.
