Las Vegas Sands Corporation, controlled by top Republican donors Sheldon and Miriam Adelson, admitted in a recent Securities and Exchange Commission (SEC) filing that it “likely violated a federal law against bribing foreign officials.”

If the common media narrative is to be believed, Sheldon Adelson and the other mega-donors of 2012 are the laughingstocks of America, having poured hundreds of millions of dollars into influencing the year’s elections, but losing in most races.

As reported in Monday’s Politico Influence, the conservative super PAC YG (Young Guns) Action Fund is planning a reception on Thursday to honor some of the new Republicans joining the House next year. Among the attendees expected to attend? Two representatives-elect that YG Action Fund spent millions on to get into office: Richard Hudson (R-N.C.) and Keith Rothfus (R-Pa.).

That’s what Mitt Romney said to the donors gathered at a Florida fundraiser, who had paid $50,000 each to attend. He told them “that’s by far the most important thing you can do,” because in his words, “advertising makes a difference.”

The Sheldon Adelson-backed YG Action Fund, run by former aides to House Majority Leader Eric Cantor (R-Va.), is launching $2 million in advertising to boost three Republican candidates for the U.S. House. The group has raised $5.6 million this cycle, with 89 percent of that—or $5 million—coming from billionaire casino mogul Sheldon Adelson and his wife Miriam.

Billionaire casino mogul Sheldon Adelson will attend the Republican National Convention next week in Tampa, Fla., reported Nevada’s Jon Ralston on Friday. His wife Miriam will have a pavilion run by the Eric Cantor-related YG Network named after her.

On Tuesday, Mitt Romney's choice for Vice President, Congressman Paul Ryan (R-Wis.), will become the latest Republican politician to meet with billionaire casino magnate Sheldon Adelson, according to a report by the New York Times today on the “wide-ranging federal investigation” into Adelson's company and the “potential bribery of foreign officials and other matters.”