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Sheldon Adelson and his wife Miriam at a Trump rally in February. Photo: Jim Watson/AFP via Getty Images

Despite a tense recent phone call with President Trump — first reported by the New York Times — the most important mega-donor in the Republican Party, Sheldon Adelson, has signaled he is poised to spend big to support the president.

Behind the scenes: Last Monday morning a group of top Republican Party donors gathered at the Four Seasons resort in Jackson Hole, Wyo., for a Trump campaign fundraiser.

The donors gathered in a hotel ballroom, set up like a Silicon Valley retreat, with a yogurt parfait station, according to sources in the room.

  • A select few of the party's biggest donors sent aides in their place — and this was the case with casino billionaire Adelson and his wife, Miriam.
  • Adelson's top adviser Andy Abboud entered the room late, toward the end of the meeting. He raised his hand for a question, and they gave him the mic, according to two sources who were there.
  • "I just want to say that I just spoke to the Adelsons," Abboud announced to the room. "They are 110% behind the president. And that's going to become apparent shortly."

Why it matters: The Adelsons have the biggest checkbooks in Republican politics. They spend tens of millions of dollars each cycle, and the recent New York Times story — which reported that in a recent phone call Trump "upbraided [Adelson] for not donating more to support his reelection" — made some Republican officials nervous that Trump had alienated the party's most important donor.

Go deeper

Win or lose, Trump will maintain his almighty grip over Republicans

President Trump speaks in the East Room early this morning. Photo: Carlos Barria/Reuters

Win or lose, President Trump will emerge more powerful than ever inside the GOP, by defying expectations for himself and lifting fellow Republicans to surprise victories in the House and Senate.

Why it matters: Trump enjoyed an almost messianic hold on Republicans before the election. Now, he looks like a prophet again, against the doomsday projections for his candidacy and his party’s congressional hopes.

Mike Allen, author of AM
2 hours ago - World

Courage vs. coddling with China

Peng Shuai of China serves during the China Open in Beijing in 2017. Photo: Andy Wong/AP

The women's professional tennis tour suspended tournaments in China Wednesday out of concern for Peng Shuai, on the same day that a top business voice made excuses for Beijing.

Why it matters: Ahead of February's Winter Olympics in Beijing, some sports figures are taking on the regime — while Big Business shrinks from confrontation with the world's second-largest economy.

2 hours ago - Sports

What to know about the first MLB lockout since 1995

Illustration: Shoshana Gordon/Axios

Hope you enjoyed the recent flurry of free-agent activity, because it's likely the last non-lockout-related MLB news for a while.

Driving the news: The owners locked out the players after the collective bargaining agreement expired at midnight last night, leading to MLB's ninth work stoppage — and first since 1995.