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 tonight’s final GOP debate, purchase the Las Vegas Review-Journal? The majority are saying ‘yes,’ but no one but the buyer him or herself knows for certain at this juncture.
The $140 million price tag for Nevada’s primary newspaper would be change that is chump the billionaire, of course. But as city news sources go, it is considered lot at the same time once the print publishing industry is in decline.
Nevertheless the mystery surrounding the purchase is what really has folks talking, as nobody, not evidently the newspaper’s staff, knows the identity of the owner that is new.
That which we can say for certain is this: final Thursday, a company called Information + Media Capital Group paid means 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 for just $102 million.
Who owns the extremely 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 base of story, scraping their minds.
‘Do Not 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 jobs … don’t worry about who they really are,’ Schroeder reportedly said.
He also guaranteed them that the 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 your reality that the new owners were unknown, at the request of Schroeder.
The timing for the purchase associated with the many dominant media socket in Nevada, an early-voting swing state, combined with high price paid, is fueling conjecture that the mystery customer might be a conservative that is wealthy.
On a trip to the Review Journal‘s head office 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 prospect remained since baffled as most people.
‘Just completed hour+ @reviewjournal ed board. Only q left unanswered who owns the newspaper?’ tweeted Bush.
A name that has cropped up in a lot of media that are speculative is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor would appear to fit the profile. He owns magazines in Israel, where his day-to-day free paper, Israel Hayom (Israel Today), is so pro-Netanhayu so 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 United States state to legalize and regulate online gaming), and it has vowed which he will invest ‘whatever is necessary’ in his crusade to banish controlled on the web 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 else is convinced that Adelson is behind all this. University of Nevada, Las Vegas connect history professor Michael Green told the Los Angeles instances that while Adelson was the initial name that came to mind, something does not quite ring true.
‘My immediate thought 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 national safety following a terrorism attacks in both Paris and San Bernardino, California. All nine main stage candidates, featuring Donald Trump front side and center, positioned for exposure to exhibit their defense expertise.
GOP debate in Las Vegas: Donald Trump was yet 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, while the real-estate mogul continues his dominating appeal into 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 is no clear winner, host system 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 ended up being mainly balanced and fair, based on 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 young ones whose heads he had exposed for brain surgery later on being grateful he had done therefore. What?
Sheldon within the Wings
The conversation centered on keeping America safe, which was noted because the true number one duty of this president per repetitive declarations by the candidates. No gambling or daily fantasy sports talk was mentioned, although the debate was taking place in Las Vegas, the gaming mecca regarding the United States.
Several celebrities were 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 within the swing state of Nevada at Adelson’s Venetian resort, governmental insiders believe Rubio may be the favored prospect in the eyes associated with the gambling tycoon. Adelson gave nearly $100 million in donations to super political action committees (PAC) through the 2012 presidential election, and he’s significantly more than prone to do similar in 2016.
Rumors are also bandied this week that Adelson could be the mystical buyer of Sin City’s primary news source, the nevada Review-Journal. Many believe the paper, bought for many millions significantly more than its reported 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
Last night Rubio and Cruz both made their cases to persuade voters to their side being a legitimate conservative option to the outspoken Trump. Adelson is a vital award to a successful Republican campaign, presuming one isn’t worth $10 billion on one’s very own, as is the frontrunner the Donald.
Rubio, whom’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 argument that is internal the few.
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 has additionally surfaced that Adelson isn’t in favor of Trump being the Republican nominee to increase against the most 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 final night of debate. ‘He’s been a buddy of mine for a long time,’ Trump told the Washington Post. ‘He called to see whether or otherwise not we could fulfill, 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 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 canadian marketing company during its negotiations with bwin.
37Entertainment (37E) is thought to possess filed an arbitration claim aided by the International Chamber of Commerce against GVC for misrepresentation of business through the reneging of solutions 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 to be operated jointly by the two companies.
The firm claims that GVC continuously delayed the signing of the contract to be able to pursue its takeover of bwin.party, before pulling out of 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 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 checking out brand new relationships in new geographies and not all possibilities reach readiness,’ 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 shares. The battle for bwin was a lengthy affair, because the two online video gaming giants attempted to outmuscle one another with bid and counterbid.
Bwin Shareholders Approve Deal
At one point, negotiations did actually be decided in support 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 shareholders to come on board. Or half of them, at the very least.
In the week leading up to the acceptance of the 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 in a position to persuade a group of majority shareholders to switch sides and opt for its preferred option, GVC.
On Tuesday, nevertheless, bwin announced that 99.99 percent of its shareholders voted in support of the proposal. Bwin said in a statement that the offer still remains susceptible to the satisfaction conditions lay out in the scheme document, such as formal sanctioning by the court.