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

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Is 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 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 but the buyer him or herself knows for sure at this juncture.

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

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

That which we do know is this: last Thursday, a company called News + Media Capital Group paid method over market value to manage the newspaper from the previous owner, New Media Investment Group, which had bought it previously in the year for just $102 million.

Who owns the extremely recently incorporated News + Media Capital Group hasn’t even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at dealing with the base of a whole story, scraping their heads.

‘Don’t Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on final week never to be concerned about the identification of their new owner.

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

He also guaranteed 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 get rid of references to the fact that the new owners were unknown, at the demand of Schroeder.

The timing associated with purchase of the many dominant media socket in Nevada, an early-voting swing state, combined with high price paid, is fueling conjecture that the mystery buyer could be a conservative that is wealthy.

On a stop by at the Review Journal‘s head workplace this week, GOP not-so-frontrunner Jeb Bush mused that possibly it was Donald Trump, although we think he was joking. Ultimately, though, the presidential candidate remained because baffled as average folks.

‘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 several media that are speculative 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 really pro-Netanhayu it has been accused of compromising the foundations of Israeli democracy.

Additionally, Adelson has a stake that is huge the affairs of Las vegas, nevada and Nevada (the first United States state to legalize and regulate online video gaming), and has vowed which he will invest ‘whatever is necessary’ in their crusade to banish regulated on the web gambling from America.

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

But maybe not every person is convinced that Adelson is behind all this. University of Nevada, Las Vegas associate history professor Michael Green told the Los Angeles days that while Adelson had been 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, by simply dint of the fact that he’s been mostly 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 dilemmas of nationwide protection after the terrorism attacks in both Paris and San Bernardino, California. All nine main phase candidates, 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 year’s final Republican debate, held at fellow billionaire Sheldon Adelson’s Venetian casino. (Image: John Locher/AP)

Donald Trump reigned supreme once more, at stature-wise that is least, because the real estate mogul continues his dominating popularity in 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.

While there is no clear winner, host community 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 victory.

The debate ended up being largely fair and balanced, in accordance with the candidates.

The 2 notable exceptions were Trump attacking the moderators for routinely 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 response was similarly strange, mentioning children whose heads he had exposed for brain surgery later being grateful he had done therefore. Just What?

Sheldon in the Wings

The conversation centered on maintaining America safe, which was noted as the number 1 duty associated with president per repetitive declarations by the candidates. No gambling or daily fantasy sports talk was mentioned, even though the debate was taking place in Las Vegas, the video gaming mecca of the 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 Las Vegas Sands owner Sheldon Adelson.

Held within the swing state of Nevada at Adelson’s Venetian resort, governmental insiders believe Rubio could be the candidate that is preferred the eyes of the gambling tycoon. Adelson gave nearly $100 million in donations to super action that is political (PAC) through the 2012 presidential election, and he’s significantly more than more likely to do similar in 2016.

Rumors have also been bandied this week that Adelson will be the mystical buyer of Sin City’s primary news source, the nevada Review-Journal. Many think the paper, purchased 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

Last night Rubio and Cruz both made their cases to persuade voters to their part as being a legitimate conservative substitute for the outspoken Trump. Adelson is a vital prize 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 additionally reports that Adelson’s wife Miriam prefers Cruz, and it’s rumored to have led to an argument that is internal the couple.

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 favor of Trump being the nominee that is republican go up against the most 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 meet before final night’s 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’re able to fulfill, and we are going to generally meet.’

GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims

GVC Holdings CEO Kenny Alexander denied claims from the 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 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 have filed an arbitration claim because of the International Chamber of Commerce against GVC for misrepresentation of business through the reneging of services for a partnership deal.

37E’s claim states that GVC failed to deliver guaranteed solutions 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 a contract so that you can pursue its takeover of bwin.party, before pulling from the deal completely despite 37E having already begun operations.

‘Without Substance’

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

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

‘GVC is constantly checking out relationships that are new new geographies and not all possibilities reach maturity,’ said a GVC spokesperson last August.

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

Bwin Shareholders Approve Deal

At one point, negotiations appeared to be decided in support of 888, but GVC’s decision to ditch its initial monetary backer, Amaya Inc., and make an alternative solamente bid eventually convinced the bwin investors to come on board. Or 1 / 2 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 was then able to convince a group of majority shareholders to switch sides and go with its preferred option, GVC.

On Tuesday, nevertheless, bwin announced that 99.99 percent of its shareholders voted and only the proposal. Bwin said in a statement that the offer still remains subject to the satisfaction conditions set out into the scheme document, such as official sanctioning by the court.

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