The antics of Las Vegas Sands Chairman and CEO Sheldon Adelson (pictured) continued in recent days, with the gambling mogul talking with Forbes about his desire to rid the United States of internet gambling. Sands properties include the Venetian and Palazzo in Las Vegas and Sands Bethlehem in Pennsylvania.

Speaking on how much money he is willing to sink into reportedly altering the Wire Act of 1961 to specifically outlaw online gambling, Adelson told Forbes, “I am willing to spend whatever it takes. My moral standard compels me to speak out on this issue because I am the largest company by far in the industry and I am willing to speak out. I don’t see any compelling reason for the Government to allow people to gamble on the internet and nobody has ever explained except for the two companies whose special interest is going to be served if there is gaming on the internet, Caesars and MGM.”

Adelson will reportedly launch the Coalition to Stop Internet Gambling in 2014 and bring together a variety of interest groups and political personalities to promote his cause, including former Denver mayor Wellington Webb (D), former U.S. Senator Blanche Lincoln (D-AR), and former New York Governor George Pataki (R).

Here’s how Adelson sees the internet gambling market in the United States panning out, according to his Forbes interview: “In the beginning, it will be good for companies and I see strategically that unbranded competitors will eat into the market and buy the business and make their profitability much less… Then the coup de grace, the big social media sites like Facebook, like Twitter, like shmitter, like whoever, or Zynga, will come in with a billion hits a day with the name that is popular and respected and a Google will say, ‘Play with me.’“

Adelson also expressed concern over internet gambling cutting into land-based gambling revenues, although research provided by organizations like the Poker Players Alliance has generally shown the opposite to be true.

As you probably know, the New Jersey pokercommunity is in the midst of a five-day soft launch of internet gambling, with full-blown games set to debut on Tuesday, when the industry will be open to the general public. According to Adelson, New Jersey Governor Chris Christie is not using the correct tools to remedy internet gambling. He told Forbes, “I know that Chris Christie doesn’t want Atlantic City to fail, but I don’t think anything can save Atlantic City. It is surrounded by Delaware, Maryland, Pennsylvania. It’s surrounded by states that are legalizing gaming.”

If you’re not a fan of Adelson, the PPA encourages you to vote with your wallet. In an interview with PocketFives, PPA Executive Director John Pappas advised players, “I encourage players to shop with their feet. Make decisions on whether you think it’s worth playing in his casinos.” No formal boycott of Sands properties is planned.

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