Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Buyer

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Buyer

The Las Vegas Review-Journal has announced it is that it has a new owner, but not even the staff knows who.

Did Sheldon Adelson, whose nevada casino the Venetian is readying for today’s final GOP debate, purchase the Las Las Vegas Review-Journal? The majority are saying ‘yes,’ but no one however the buyer him or herself knows for sure at this juncture.

The $140 million cost tag for Nevada’s main newspaper would be change that is chump the billionaire, of course. But as city news sources go, it’s considered a complete lot at a time when the printing publishing industry is in decline.

But the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not really evidently the newspaper’s staff, knows the identification of the owner that is new.

What we can say for certain is this: last Thursday, a business called News + Media Capital Group paid way over market value to manage the newspaper from its previous owner, New Media Investment Group, which had bought it earlier in the 12 months for just $102 million.

Who owns the very recently incorporated News + Media Capital Group has not also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the base of story, scraping their minds.

‘Don’t Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on last not to worry about the identity of their new owner week.

‘They want you to focus in your jobs … don’t worry about who they are,’ Schroeder reportedly said.

He also guaranteed them that the owners that are new not interfere with the paper’s editorial control, although an article posted on the RJ website that evening was reedited to get rid of references to the reality that the new owners were unknown, at the demand of Schroeder.

The timing for the purchase of this most dominant news outlet in Nevada, an early-voting swing state, combined with high cost paid, is fueling speculation that the mystery customer may be a wealthy conservative.

On a trip to the Review Journal‘s head office this week, GOP not-so-frontrunner Jeb Bush mused that perhaps it was Donald Trump, he was joking although we think. Ultimately, though, the presidential prospect remained as baffled as average folks.

‘Just finished hour+ @reviewjournal ed board. Only q left unanswered who owns the newspaper?’ tweeted Bush.

Adelson Conjecture

A name that has cropped up in many speculative media reports is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor would appear to fit the profile. He owns papers in Israel, where his daily free paper, Israel Hayom (Israel Today), can be so pro-Netanhayu so it has been accused of compromising the foundations of Israeli democracy.

Moreover, Adelson has a huge stake in the affairs of vegas and Nevada (the first US state to legalize and regulate online video gaming), and has vowed he will spend ‘whatever is necessary’ in their crusade to banish controlled on the web gambling from America.

And meanwhile, Adelson’s people are refusing to answer requests for comments from the various news sources that have contacted them on the matter this week.

But perhaps not everyone is convinced that Adelson is behind all this. University of Nevada, Las Vegas associate history professor Michael Green told the Los Angeles instances that while Adelson ended up being initial name that came to mind, something does not quite ring true.

‘My immediate idea was, if [Adelson] bought it, he’d have told us already, just by dint to the fact that he is been mainly a book that is open’ Green said.

GOP Debate at Sheldon Adelson’s Venetian in Las Vegas Tough on National Security as Candidates Flaunt Defense Credentials

The 5th and last GOP debate of 2015 honed in on dilemmas of national safety following the terrorism attacks in both Paris and San Bernardino, California. All nine primary stage candidates, featuring Donald Trump front and center, positioned for exposure to exhibit their defense expertise.

GOP debate in Las Vegas: Donald Trump was yet again the kingpin at the season’s final Republican debate, held at fellow billionaire Sheldon Adelson’s Venetian casino. (Image: John Locher/AP)

Donald Trump reigned supreme once more, at least stature-wise, once the property mogul continues his dominating popularity in the polls. But itwas the senators from Florida and Texas who seemed the many confrontational during the spectacle that is three-hour as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional records.

While there was clearly no clear winner, host community CNN declared that Rubio and Cruz both fared well, as did Trump, New Jersey Governor Chris Christie, and former Florida Governor Jeb Bush, the latter two scoring a much-needed success.

The debate ended up being largely balanced and fair, according to the applicants.

The two notable exceptions were Trump attacking the moderators for regularly posing questions against him, and Salem Radio Network talk show host Hugh Hewitt winning the prize for some strange debate concern while asking former pediatric neurosurgeon Ben Carson if he would be comfortable with the ‘death of huge number of innocent children’ in bombing ISIS.

Carson’s response was equally strange, mentioning kids whose heads he had opened up for brain surgery later on being grateful he had done therefore. Exactly What?

Sheldon into the Wings

The conversation focused on keeping America safe, which was noted as the true number 1 obligation of the president per repetitive declarations by the candidates. No gambling or fantasy that is daily talk was mentioned, even though the debate was taking place in Las Vegas, the gaming mecca of this United States.

Several celebrities were in attendance, including Mr. Las Vegas himself Wayne Newton, but the elephant not shown within the room was billionaire vegas Sands owner Sheldon Adelson.

Held into the swing state of Nevada at Adelson’s Venetian resort, governmental insiders believe Rubio could be the favored prospect in the eyes for the gambling tycoon. Adelson gave nearly $100 million in donations to super political action committees (PAC) during the 2012 presidential election, and he’s a lot more than likely to do exactly the same in 2016.

Rumors have also been bandied this week that Adelson will be the mysterious buyer of Sin City’s primary news source, the Las Vegas Review-Journal. Many believe the paper, purchased for many millions significantly more than its stated value, could be one tool Adelson hopes to sway the important Nevada vote in his desired direction, although the buyer remains shrouded in darkness.

Cruz vs. Rubio

Yesterday evening Rubio and Cruz both made their cases to persuade voters with their part as being a legitimate conservative substitute for the outspoken Trump. Adelson is a vital award to a successful Republican campaign, assuming one isn’t worth $10 billion on one’s very own, as is the frontrunner the Donald.

Rubio, whom’s allegedly met with Adelson independently on several occasions, is reportedly the lead candidate to receive their financial backing. However, there are also reports that Adelson’s wife Miriam prefers Cruz, and it’s really rumored to have led to an argument that is internal the few.

Cruz talked at the Jewish that is republican Coalition Spring Leadership Meeting in April at the Venetian, with both Sheldon and Miriam in attendance.

Conjecture has also surfaced that Adelson is not and only Trump being the Republican nominee to rise against the likely Democrat pick Hillary Clinton. Trump tweeted in October that Adelson preferred Rubio because ‘he can mold him into his perfect little puppet.’

Having said that, Trump and Adelson did fulfill before last night’s debate. ‘He’s been a friend of mine for a time that is long’ Trump told the Washington Post. ‘He called to see whether or perhaps not we’re able to meet, and we’re going to meet up with.’

GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims

GVC Holdings CEO Kenny Alexander denied claims from the Canadian advertising firm that his business had reneged on a deal. (Image: Tom Stockhill/ thesundaytimes.co.uk)

GVC Holding’s acquisition of bwin.party was unanimously authorized by shareholders today, even as GVC boss Kenny Alexander has been forced to deny claims that his company double-crossed a marketing that is canadian during its negotiations with bwin.

37Entertainment (37E) is believed to possess filed an arbitration claim using the International Chamber of Commerce against GVC for misrepresentation of business through the reneging of services on a partnership deal.

37E’s claim states that GVC failed to deliver guaranteed services for the launch of two white-label online gambling sites, which were become operated jointly by the two companies.

The firm claims that GVC constantly delayed the signing of the agreement so that you can pursue its takeover of bwin.party, before pulling out from the deal completely despite 37E having already begun operations.

‘Without Substance’

Speaking to Review that is eGaming called the claims ‘spurious’ and ‘without substance,’ adding that the company would ‘robustly defend’ it self.

GVC had previously stated that the claims were without merit, as ‘no formal agreement had been reached’ between the two organizations.

‘GVC is continuously checking out relationships that are new new geographies and not all opportunities reach readiness,’ said a GVC representative last August.

In GVC trumped 888 Holdings for the right to buy bwin.party september for $1.6 billion in cash and shares. The battle for bwin was a lengthy affair, once the two online gaming leaders attempted to outmuscle one another with bid and counterbid.

Bwin Shareholders Approve Deal

At one point, negotiations appeared to be determined in support of 888, but GVC’s decision to ditch its initial backer that is financial Amaya Inc., and make an alternative solamente bid eventually convinced the bwin investors to come on board. Or half of them, at the very least.

In the week leading up to the acceptance associated with GVC offer, the bwin board polled its shareholders and unearthed that these people were split 50/50 involving the offers. The board had been then able to persuade a group of majority shareholders to switch sides and opt for its option that is preferred.

On Tuesday, nonetheless, bwin announced that 99.99 % of its shareholders voted in favor of the proposal. Bwin said in a statement that the offer still remains susceptible to the satisfaction conditions set out within the scheme document, such as formal sanctioning by the court.

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