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

gurjinder February 26, 2020 Views 53

Las Veg<span id="more-3000"></span>as Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer

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

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

The $140 million price tag for Nevada’s primary newspaper would be chump modification for the billionaire, of program. But as town news sources go, it is considered lot at any given time if the printing publishing industry is in decline.

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

What we do know is this: final Thursday, a company called News + Media Capital Group paid way over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.

Who owns the very recently incorporated News + Media Capital Group have not also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the bottom of a whole story, scratching their heads.

‘Don’t Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on last week never to concern yourself with the identity of their new owner.

‘you are wanted by them to focus on your own jobs … do not worry about who they really are,’ Schroeder reportedly said.

He also guaranteed them that the brand new owners would not interfere with the newspaper’s editorial control, although an article posted on the RJ website that evening was reedited to eliminate references to your fact that the new owners were unknown, at the demand of Schroeder.

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

On a stop by at the Review Journal‘s head office this week, GOP not-so-frontrunner Jeb Bush mused that perhaps it was Donald Trump, although we think he was joking. Ultimately, though, the candidate that is presidential because baffled as the rest of us.

‘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 lots of speculative media reports is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor would seem to match the profile. He owns newspapers in Israel, where his day-to-day paper that is free Israel Hayom (Israel Today), is really pro-Netanhayu that it has been accused of compromising the foundations of Israeli democracy.

Additionally, Adelson has a huge stake in the affairs of Las Vegas and Nevada (the first US state to legalize and regulate online gaming), and has vowed which he will spend ‘whatever is necessary’ in their crusade to banish regulated on line gambling from America.

And meanwhile, Adelson’s people are refusing to answer requests for comments through the various media 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 connect history professor Michael Green told the Los Angeles days that while Adelson was 1st name that came to mind, something does not quite ring true.

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

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

The fifth and GOP debate that is last of honed in on issues of nationwide security following the terrorism attacks in both Paris and San Bernardino, Ca. All nine stage that is main, featuring Donald Trump front side and center, positioned for exposure to exhibit their defense expertise.

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

Donald Trump reigned supreme yet again, at stature-wise that is least, due to the fact property mogul continues his dominating appeal into the polls. But itwas the senators from Florida and Texas who seemed the most confrontational during the three-hour spectacle, as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional records.

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

The debate had been mainly balanced and fair, according to the applicants.

The 2 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 most strange debate question while asking former pediatric neurosurgeon Ben Carson if he’d be confident with the ‘death of 1000s of innocent children’ in bombing ISIS.

Carson’s reaction was similarly strange, mentioning kiddies whose heads he had opened up for brain surgery later being grateful he had done so. What?

Sheldon into the Wings

The conversation centered on keeping America safe, which was noted while the true number 1 duty of this president per repetitive declarations by the candidates. No gambling or fantasy that is daily talk was mentioned, although the debate was taking place in Las vegas, nevada, the gaming mecca associated with United States.

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

Held in the swing state of Nevada at Adelson’s Venetian resort, political insiders believe Rubio may be the favored prospect in the eyes regarding the gambling tycoon. Adelson gave nearly $100 million in donations to super political action committees (PAC) during the 2012 presidential election, and he’s significantly more than prone to do equivalent in 2016.

Rumors have also been bandied this week that Adelson may be the mysterious buyer of Sin City’s primary news source, the nevada Review-Journal. Many think the paper, bought for many millions 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 to their side 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 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 additionally reports that Adelson’s wife Miriam prefers Cruz, and it is rumored to have led to an internal argument among the few.

Cruz spoke at the Republican Jewish Coalition’s Spring Leadership Meeting in April at the Venetian, with both Sheldon and Miriam in attendance.

Conjecture in addition has surfaced that Adelson is not in support of Trump being the nominee that is republican go up from the likely Democrat pick Hillary Clinton. Trump tweeted in October that Adelson preferred Rubio because ‘he can mold him into his perfect little puppet.’

That said, Trump and Adelson did satisfy before final night’s debate. ‘He’s been a friend of mine for a long time,’ Trump told the Washington Post. ‘He called to see whether or perhaps not we’re able to meet, and we are going to satisfy.’

GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims

GVC Holdings CEO Kenny Alexander denied claims from the Canadian advertising firm that his company had reneged for 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 because of 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 gambling that is online, which were to be operated jointly by the two companies.

The firm claims that GVC continuously delayed the signing of a contract in order to pursue its takeover of bwin.party, before pulling from the deal completely despite 37E having already started 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 contract had been reached’ between the two businesses.

‘GVC is continuously exploring new relationships in new geographies and not all opportunities reach maturity,’ said a GVC representative last August.

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

Bwin Shareholders Approve Deal

At one point, negotiations seemed to be determined and only 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 1 / 2 of them, at least.

The bwin board polled its shareholders and found that they were split 50/50 between the offers in the week leading up to the acceptance of the GVC offer. The board had been then in a position to convince a group of majority shareholders to switch sides and go with its preferred option, GVC.

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

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