
The Las Vegas Review-Journal has announced that it has a fresh owner, not even the staff knows who it’s.
Did Sheldon Adelson, whose Las Vegas casino the Venetian is readying for today’s final GOP debate, buy the 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 cost tag for Nevada’s primary newspaper would be change that is chump the billionaire, of course. But as town news sources go, it is considered a complete lot at a time once the printing publishing industry is in decline.
However the mystery surrounding the purchase is what really has folks talking, as nobody, not even apparently the newspaper’s staff, knows the identity of the new owner.
What we do know is this: last Thursday, a company called Information + Media Capital Group paid means over market value to take control of the newspaper from its previous owner, New Media Investment Group, which had bought it previously in the 12 months for just $102 million.
Who owns the very recently incorporated News + Media Capital Group hasn’t 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 Stress 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 on your own jobs … don’t worry about who they are,’ Schroeder reportedly said.
He also assured them that the brand new owners would not interfere with the magazine’s editorial control, although an article posted on the RJ website that evening was reedited to eliminate references to your reality that the new owners were unknown, at the demand of Schroeder.
The timing associated with the purchase of the most dominant news outlet in Nevada, an early-voting swing state, combined with high cost compensated, is fueling conjecture that the mystery buyer may be a wealthy conservative.
On a visit 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 candidate that is presidential as baffled as most people.
‘Just finished hour+ @reviewjournal ed board. Only q left unanswered who owns the newspaper?’ tweeted Bush.
Adelson Speculation
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 suit the profile. He owns magazines in Israel, where his day-to-day paper that is free Israel Hayom (Israel Today), is indeed pro-Netanhayu it has been accused of compromising the foundations of Israeli democracy.
Furthermore, Adelson has a stake that is huge the affairs of Las Vegas and Nevada (the first US state to legalize and regulate online video gaming), and has vowed that he will spend ‘whatever is necessary’ in his crusade to banish controlled on line gambling from America.
And meanwhile, Adelson’s people are refusing to answer needs for comments through the various news sources that have contacted them on the matter this week.
But not everyone else is convinced that Adelson is behind all this. University of Nevada, Las vegas, nevada associate history professor Michael Green told the Los Angeles occasions that while Adelson ended up being the initial name that came to mind, something doesn’t quite ring true.
‘My immediate idea was, if [Adelson] purchased, he would have told us already, simply 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 final GOP debate of 2015 honed in on dilemmas of national protection following a terrorism attacks in both Paris and San Bernardino, Ca. All nine primary phase candidates, starring 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 again, at stature-wise that is least, since the property mogul continues his dominating popularity into the polls. But itwas the senators from Florida and Texas who seemed the most confrontational during the spectacle that is three-hour as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional records.
Both fared well, as did Trump, New Jersey Governor Chris Christie, and former Florida Governor Jeb Bush, the latter two scoring a much-needed victory while there was no clear winner, host network CNN declared that Rubio and Cruz.
The debate ended up being mainly fair and balanced, in accordance with the prospects.
The two notable exceptions were Trump attacking the moderators for regularly posing questions if he would be comfortable with the ‘death of thousands of innocent children’ in bombing ISIS against him, and Salem Radio Network talk show host Hugh Hewitt winning the prize for most bizarre debate question while asking former pediatric neurosurgeon Ben Carson.
Carson’s reaction was similarly strange, mentioning kids whose heads he had opened for brain surgery later on being grateful he had done therefore. Just What?
Sheldon into the Wings
The conversation centered on maintaining America safe, which was noted while the true number one obligation associated with the 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, the gaming mecca of this United States.
Several celebrities had been in attendance, including Mr. Las Vegas himself Wayne Newton, but the elephant not shown in the room was billionaire nevada Sands owner Sheldon Adelson.
Held into the swing state of Nevada at Adelson’s Venetian resort, governmental insiders believe Rubio could be the candidate that is preferred the eyes associated with gambling tycoon. Adelson gave nearly $100 million in donations to super action that is political (PAC) throughout the 2012 presidential election, and he is significantly more than more likely to do the same in 2016.
Rumors are also bandied this week that Adelson could be the buyer that is mysterious of City’s primary news source, the nevada Review-Journal. Many think the paper, bought for many millions more than its value that is stated be one tool Adelson hopes to sway the important Nevada vote in his desired direction, although the customer remains shrouded in darkness.
Cruz vs. Rubio
Yesterday evening Rubio and Cruz both made their cases to persuade voters to their part as a legitimate conservative substitute for the outspoken Trump. Adelson is a vital reward to a successful Republican campaign, assuming one isn’t worth $10 billion on a single’s own, as is the frontrunner the Donald.
Rubio, who’s allegedly met with Adelson privately 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 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.
Speculation has also surfaced that Adelson isn’t in support of Trump being the Republican nominee to go up up against the likely Democrat choose 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 last night of debate. ‘He’s been a pal of mine for a time that is long’ Trump told the Washington Post. ‘He called to see whether or not we could meet, and we’re going to meet up.’
GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims
GVC Holdings CEO Kenny Alexander denied claims from a Canadian advertising company that his company had reneged for a deal. (Image: Tom Stockhill/ thesundaytimes.co.uk)
GVC Holding’s acquisition of bwin.party was unanimously approved by shareholders today, also 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 own 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 solutions for the launch of two white-label gambling that is online, which were become operated jointly by the two companies.
The firm claims that GVC constantly delayed the signing of the contract so that you can pursue its takeover of bwin.party, before pulling out of the deal completely despite 37E having currently started operations.
‘Without Substance’
Speaking to eGaming Review, Alexander called the claims ‘spurious’ and ‘without substance,’ adding that the company would ‘robustly protect’ it self.
GVC had previously stated that the claims were without merit, as ‘no formal contract had been reached’ between the two companies.
‘GVC is continuously checking out relationships that are new new geographies and not all opportunities reach maturity,’ said a GVC representative last August.
In September, GVC trumped 888 Holdings for the best to get bwin.party for $1.6 billion in cash and stocks. The battle for bwin was a long affair, once the two online gaming giants attempted to outmuscle one another with bid and counterbid.
Bwin Shareholders Approve Deal
At one point, negotiations appeared to be decided in favor of 888, but GVC’s decision to ditch its initial backer that is financial Amaya Inc., and make an alternative solo bid eventually convinced the bwin investors to come on board. Or 50 % of them, at the 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 ended up being then in a position to persuade a group of majority shareholders to switch sides and go with its option that is preferred.
On Tuesday, nevertheless, bwin announced that 99.99 per cent of its shareholders voted in support of the proposal. Bwin said in a declaration that the offer still remains susceptible to the satisfaction conditions lay out into the scheme document, such as official sanctioning by the court.
