
The Las Vegas Review-Journal has announced that it has a brand new owner, although not perhaps the staff knows who it is.
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 without a doubt at this juncture.
The $140 million cost tag for Nevada’s main newspaper would be change that is chump the billionaire, of course. But as town news sources go, it is considered a complete lot at any given time once the printing publishing industry is in decline.
But the mystery surrounding the purchase is what really has folks talking, as nobody, not apparently the newspaper’s staff, knows the identity of the new owner.
What we do know is this: final Thursday, a company called News + Media Capital Group paid method over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it earlier in the year just for $102 million.
Who owns the really recently incorporated News + Media Capital Group have not even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at dealing with the bottom of story, scraping their minds.
‘Don’t Worry About Who We Are’
Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on last week not to be concerned about the identification of their new owner.
‘They want you to focus in your jobs … do not worry about who they really are,’ Schroeder reportedly said.
He also assured them that the owners that are new not interfere with the paper’s editorial control, although an article posted on the RJ website that evening was reedited to eliminate references towards the reality that the new owners were unknown, at the request of Schroeder.
The timing associated with the purchase of the many dominant media socket in Nevada, an early-voting swing state, combined with high price 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 maybe it was Donald Trump, although we think he was joking. Ultimately, though, the presidential prospect remained as baffled as the rest of us.
‘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 a lot of speculative media reports is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor would appear to suit the profile. He owns magazines in Israel, where his daily paper that is free Israel Hayom (Israel Today), is indeed pro-Netanhayu so it has been accused of compromising the foundations of Israeli democracy.
Furthermore, Adelson has a huge stake in the affairs of Las vegas, nevada and Nevada (the first US state to legalize and regulate online gaming), and it has vowed that he will spend ‘whatever is necessary’ in their crusade to banish controlled on line 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 maybe 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 days that while Adelson ended up being 1st name that came to mind, something does not quite ring true.
‘My immediate idea was, if [Adelson] purchased, he would have told us already, simply by dint of the fact that he is been largely 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 problems of nationwide protection following terrorism attacks in both Paris and San Bernardino, California. All nine stage that is main, starring 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 entire year’s final Republican debate, held at fellow billionaire Sheldon Adelson’s Venetian casino. (Image: John Locher/AP)
Donald Trump reigned supreme yet again, at least stature-wise, since 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 three-hour spectacle, as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional documents.
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 success.
The debate was mainly balanced and fair, based on the prospects.
The two 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 reaction was equally strange, mentioning kids whose heads he had opened up for brain surgery later on being grateful he had done therefore. Just What?
Sheldon in the Wings
The conversation focused on maintaining America safe, which was noted as the number 1 duty regarding the 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, 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 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 favored prospect in the eyes of the 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 equivalent in 2016.
Rumors have also been bandied this week that Adelson may be the mystical buyer of Sin City’s primary news source, the Las Vegas Review-Journal. Many think the paper, purchased for many millions a lot 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 Rubio and Cruz both made their cases to persuade voters for 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 privately on several occasions, is reportedly the lead candidate to receive his financial backing. However, there are also reports that Adelson’s wife Miriam prefers Cruz, and it’s 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 and only Trump being the Republican nominee to rise 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.’
Having said that, Trump and Adelson did fulfill before last night of debate. ‘He’s been a pal of mine for a long time,’ Trump told the Washington Post. ‘He called to see whether or not we could satisfy, and we are going to generally meet.’
GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims
GVC Holdings CEO Kenny Alexander denied claims from a Canadian advertising firm that his business had reneged on 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 thought to possess filed an arbitration claim using 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 promised 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 continuously delayed the signing of a agreement in order to pursue its takeover of bwin.party, before pulling from the deal completely despite 37E having currently 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 continuously checking out brand new relationships in new geographies and not all possibilities 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 an affair that is lengthy once the two online video gaming giants attempted to outmuscle one another with bid and counterbid.
Bwin Shareholders Approve Deal
At one point, negotiations seemed to be decided in favor of 888, but GVC’s decision to ditch its initial economic backer, Amaya Inc., and make an alternative solamente bid eventually convinced the bwin shareholders to come on board. Or 50 % of them, at 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 in a position to persuade a group of majority shareholders to switch sides and choose its preferred option, GVC.
On however, bwin announced that 99.99 percent of its shareholders voted in favor of the proposal tuesday. Bwin stated in a statement that the offer still remains susceptible to the satisfaction conditions put down within the scheme document, such as formal sanctioning by the court.