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 casino the Venetian is readying for today’s final GOP debate, buy the Las Vegas Review-Journal? Most are saying ‚yes,‘ but no one however the buyer him or herself knows without a doubt at this juncture.
The $140 million price tag for Nevada’s primary newspaper would be chump modification for the billionaire, of course. But as town news sources go, it’s considered a complete lot at the same time once the printing publishing industry is in decline.
But the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not really apparently the newspaper’s staff, knows the identification of the brand new owner.
What we can say for certain is this: last Thursday, a business called Information + 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 12 months just for $102 million.
Who owns the extremely recently incorporated News + Media Capital Group has not even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the bottom of a whole story, scratching their heads.
‚Do Not Worry 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 in your 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 remove references to the fact that the new owners were unknown, at the request of Schroeder.
The timing for the purchase associated with the many dominant news socket in Nevada, an early-voting swing state, combined with the high price compensated, is fueling speculation that the mystery buyer may 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 as baffled as most people.
‚Just completed hour+ @reviewjournal ed board. Just q left unanswered who owns the newspaper?‘ tweeted Bush.
Adelson Speculation
A name that has cropped up in many media that are speculative is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor would appear to match the profile. He owns papers in Israel, where his daily free paper, Israel Hayom (Israel Today), can be so 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 vegas and Nevada (the first US state to legalize and regulate online video gaming), and has vowed which 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 requests for comments from the various media sources that have contacted them on the matter this week.
But maybe not everyone 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 ended up being 1st name that came to mind, something doesn’t quite ring true.
‚My immediate idea was, if [Adelson] bought it, he’d have told us already, just by dint to 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 qualifications
The 5th and last GOP debate of 2015 honed in on issues of national protection after the terrorism attacks in both Paris and San Bernardino, Ca. All nine main stage 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 entire 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, due to the fact real estate mogul continues his dominating popularity within the polls. But itwas the senators from Florida and Texas who seemed the many 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 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 success.
The debate was largely balanced and fair, in accordance with the prospects.
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 equally strange, mentioning children whose heads he had exposed for brain surgery later on being grateful he had done so. Just What?
Sheldon within the Wings
The conversation centered on maintaining America safe, which was noted since the number 1 responsibility of this president per repetitive declarations by the candidates. No gambling or fantasy that is daily talk was mentioned, even though the debate was taking place in Las vegas, nevada, the gaming mecca associated with United States.
Several celebrities were 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 within the swing state of Nevada at Adelson’s Venetian resort, political insiders believe Rubio is the favored candidate in 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 is a lot more than more likely to do similar in 2016.
Rumors are also bandied this week that Adelson could be the buyer that is mysterious of City’s primary news source, the Las vegas, nevada Review-Journal. Many think the paper, bought for many millions significantly more than its value that is stated 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 for their part as a legitimate conservative substitute for the outspoken Trump. Adelson is a vital prize to a successful Republican campaign, presuming one isn’t worth $10 billion on a single’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 his 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 couple.
Cruz talked 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 and only Trump being the Republican nominee to increase 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 last night’s debate. ‚He’s been a buddy of mine for a time that is long‘ Trump told the Washington Post. ‚He called to see whether or otherwise not we’re able to meet, and we are going to meet.‘
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, even as GVC boss Kenny Alexander has been forced to reject claims that his company double-crossed A canadian marketing company during its negotiations with bwin.
37Entertainment (37E) is believed to possess filed an arbitration claim using 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 promised 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 a contract to be able to pursue its takeover of bwin.party, before pulling out of 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‘ 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 constantly exploring relationships that are brand new new geographies and not all possibilities reach readiness,‘ said a GVC representative last August.
In GVC trumped 888 Holdings for the directly to buy bwin.party september for $1.6 billion in cash and shares. The battle for bwin was an affair that is lengthy since the two online gaming giants attempted to outmuscle one another with bid and counterbid.
Bwin Shareholders Approve Deal
At one point, negotiations seemed to be determined in favor of 888, but GVC’s decision to ditch its initial financial backer, Amaya Inc., and make an alternative solamente bid eventually convinced the bwin investors to come on board. Or 50 % of them, at the least.
In the week leading up to the acceptance of this GVC offer, the bwin board polled its shareholders and found that they certainly were split 50/50 involving the offers. The board was then able to convince a group of majority shareholders to switch sides and opt for its preferred option, GVC.
On Tuesday, however, bwin announced that 99.99 percent of its shareholders voted in support of the proposal. Bwin said in a declaration that the offer still remains subject to the satisfaction conditions put down within the scheme document, such as formal sanctioning by the court.