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 Las vegas, nevada casino the Venetian is readying for today’s final GOP debate, purchase the Las Las Vegas Review-Journal? Most 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 main newspaper would be change that is chump the billionaire, of program. But as town news sources go, it’s considered lot at any given time once the printing publishing industry is in decline.
Nevertheless the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not even apparently the newspaper’s staff, knows the identity of the new owner.
That which we can say for certain is this: final Thursday, a business called News + 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 year for just $102 million.
Who owns the extremely recently incorporated News + Media Capital Group have not also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at getting to the bottom of story, scraping 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.
‘you are wanted by them to focus on your jobs … do not worry about who they really are,’ Schroeder reportedly said.
He also guaranteed them that the owners that are new not interfere with the magazine’s editorial control, although an article posted on the RJ website that evening was reedited to eliminate references towards the fact that the new owners were unknown, at the demand of Schroeder.
The timing of this purchase of the many dominant news socket in Nevada, an early-voting swing state, combined with high price compensated, is fueling speculation 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, he was joking although we think. Ultimately, though, the presidential prospect remained since baffled as the rest of us.
‘Just completed hour+ @reviewjournal ed board. Just q left unanswered who owns the newspaper?’ tweeted Bush.
A name that has cropped up in many media that are speculative is, inevitably, Sheldon Adelson, and certainly the Republican mega-donor appears to be to suit the profile. He owns newspapers in Israel, where his daily paper that is free Israel Hayom (Israel Today), is really pro-Netanhayu so it has been accused of compromising the foundations of Israeli democracy.
Also, Adelson has a stake that is huge the affairs of Las Vegas and Nevada (the first United States state to legalize and regulate online gaming), and it has vowed which he will spend ‘whatever is necessary’ in his crusade to banish regulated on line gambling from America.
And meanwhile, Adelson’s people are refusing to answer demands for comments from the various news sources that have contacted them on the matter this week.
But perhaps not everybody else is convinced that Adelson is behind all this. University of Nevada, Las Vegas history that is associate Michael Green told the Los Angeles Times that while Adelson had been initial name that came to mind, something does not quite ring true.
‘My immediate thought was, if [Adelson] purchased, he would have told us already, simply by dint of the fact that he is 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 qualifications
The fifth and final GOP debate of 2015 honed in on problems of nationwide protection following a terrorism attacks in both Paris and San Bernardino, Ca. All nine stage that is main, starring Donald Trump front 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 least stature-wise, since the property 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 documents.
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 had been mostly balanced and fair, according to the candidates.
The 2 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 response was equally strange, mentioning children whose heads he had exposed for brain surgery later on being grateful he had done so. What?
Sheldon in the Wings
The conversation dedicated to maintaining America safe, which was noted since the true number 1 responsibility associated with the president per repetitive declarations by the candidates. No gambling or daily fantasy sports talk was mentioned, although the debate was taking place in nevada, the video gaming mecca regarding the 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 vegas Sands owner Sheldon Adelson.
Held into the swing state of Nevada at Adelson’s Venetian resort, governmental insiders believe Rubio may be the candidate that is preferred the eyes associated with the gambling tycoon. Adelson gave nearly $100 million in donations to super action that is political (PAC) through the 2012 presidential election, and he is more than more likely to do similar in 2016.
Rumors are also bandied this week that Adelson will be the buyer that is mysterious of City’s primary news source, the Las vegas, nevada Review-Journal. Many believe 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
Yesterday evening Rubio and Cruz both made their cases to persuade voters for their part as being a legitimate conservative option to the outspoken Trump. Adelson is a vital award 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 independently on several occasions, is reportedly the lead candidate to receive his financial backing. However, there are additionally reports that Adelson’s wife Miriam prefers Cruz, and it’s really rumored to have led to an internal argument among the couple.
Cruz spoke at the Jewish that is republican Coalition Spring Leadership Meeting in April at the Venetian, with both Sheldon and Miriam in attendance.
Speculation in addition has surfaced that Adelson is not in favor of Trump being the Republican nominee to go up 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.’
That said, Trump and Adelson did fulfill before last 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 perhaps not we’re able to fulfill, and we have been going to meet up.’
GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims
GVC Holdings CEO Kenny Alexander denied claims from the Canadian marketing 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 thought to have filed an arbitration claim because of the International Chamber of Commerce against GVC for misrepresentation of business through the reneging of solutions for 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 to be operated jointly by the two companies.
The firm claims that GVC constantly delayed the signing of the agreement in order to pursue its takeover of bwin.party, before pulling from the deal completely despite 37E having currently begun operations.
Speaking to Review that is eGaming 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 agreement had been reached’ between the two companies.
‘GVC is continuously checking out brand new relationships in new geographies and not all opportunities reach readiness,’ 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, because 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 determined in support of 888, but GVC’s decision to ditch its initial economic backer, Amaya Inc., and make an alternative solo bid eventually convinced the bwin investors to come on board. Or half 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 able to persuade a group of majority shareholders to switch sides and go with its preferred option, GVC.
On Tuesday, but, bwin announced that 99.99 percent of its shareholders voted in favor of the proposal. Bwin stated in a declaration that the offer still remains subject to the satisfaction conditions put down into the scheme document, such as formal sanctioning by the court.