UPDATE: Newt Unlikely to Drop Out Tonight

Posted: Feb 04, 2012 6:24 PM

LAS VEGAS, NEVADA - A quick, but important, follow-up to Kevin's post about tonight's press conference.  The Gingrich campaign has confirmed to Townhall that Newt will deliver remarks here at the Venetian Hotel at approximately 8:00 pm PT, followed by a Q & A session with the media.  Because Mitt Romney is widely expected to score a resounding win in the Silver State, Team Newt's somewhat hastily-scheduled press conference has generated some online speculation that Newt may be preparing to drop out of the race.  Those rumors are not credible.  The campaign just blasted out an email to reporters detailing the former Speaker's upcoming travel schedule, which includes stops in Colorado and Minnesota -- states that will vote this coming Tuesday.  Beyond that, Gingrich's itinerary includes multiple rallies in Ohio. Buckeye State voters don't go to the polls until Super Tuesday (March 6th), so it doesn't appear that Newt will be throwing in the towel any time soon.  I've reached out to Gingrich's national spokesman for a direct confirmation that Newt is staying in, but have not yet received a response.  The overwhelming evidence suggests that there won't be any game-changing announcement later tonight, but this cycle hasn't exactly been predictable.  Stay tuned...

UPDATE - This nugget from CNN further suggests that Newt is staying put:

The Newt Gingrich campaign held a meeting with approximately 60 donors Friday in Las Vegas, including casino mogul Sheldon Adelson, a source with knowledge of the session told CNN. Gingrich, who attended the meeting, had a brief discussion with Adelson at the session, the source said.