Romney Raises $10.25M in One Day

The Atlanta Journal Constitution reports:

LAS VEGAS — Mitt Romney wants his money to show his might.

The all-but-declared Republican presidential contender, who has kept his head low for much of the year as he collected cash, raised $10.25 million in a single day Monday after bringing together his network of wealthy donors to dial for dollars in a city with no shortage of them. It's a hefty one-day total that Romney's team hopes will show his strength in the emerging GOP field.

Romney's phone bank fundraiser at the Las Vegas Convention Center, much like one during his first attempt at the Republican nomination, was the centerpiece of a series of fundraising events that included a conference call with volunteers who were asked to solicit their friends and neighbors for donations.

"This is a big kickoff for us, for our fundraising effort. It's kind of a celebration," Romney told the more than 400 supporters tuned in to watch him host a brief town hall-style broadcast on Facebook. "It's important to me that we get that started, the ball rolling today."

In truth, the former Massachusetts governor has spent the better part of the year raising money for a campaign he has yet to officially launch.

He's held few political events in recent months, focusing almost entirely on private meetings with donors nationwide. He wants to emerge from the fundraising quarter that ends June 30 having far outraised his rivals, and displaying financial fortitude in hopes that Republicans will choose him to challenge President Barack Obama. The Democrat shattered fundraising records in 2008 and could raise as much as $1 billion for his re-election campaign.