
The Las Vegas Review-Journal has announced that it has a new owner, not even the staff knows who its.
Did Sheldon Adelson, whose Las Vegas casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Vegas Review-Journal? Many are saying ‘yes,’ but no one nevertheless the buyer him or herself knows for sure 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 a complete lot at a time as soon as the printing publishing industry is in decline.
However 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 new owner.
That which we do know is this: last 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 earlier in the year just for $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 addressing the base of a whole 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 week to not be worried about the identity of their new owner.
‘They want you to focus on your own 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 remove references to your reality that the new owners were unknown, at the request of Schroeder.
The timing for the purchase associated with the most dominant news socket in Nevada, an early-voting swing state, combined with high cost paid, 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 perhaps it was Donald Trump, although we think he was joking. Ultimately, though, the presidential candidate remained since 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 several speculative media reports is, inevitably, Sheldon Adelson, and definitely the Republican mega-donor appears to be to suit the profile. He owns papers in Israel, where his day-to-day free paper, Israel Hayom (Israel Today), is really pro-Netanhayu that it has been accused of compromising the foundations of Israeli democracy.
Also, Adelson has a huge stake in the affairs of nevada and Nevada (the first United States state to legalize and regulate online video gaming), and it has vowed he will spend ‘whatever is necessary’ in their crusade to banish controlled online gambling from America.
And meanwhile, Adelson’s people are refusing to answer requests for comments from the various news sources that have contacted them on the matter this week.
But maybe not everyone else is convinced that Adelson is behind all this. University of Nevada, Las Vegas history that is associate Michael Green told the Los Angeles occasions that while Adelson ended up being 1st name that came to mind, something doesn’t quite ring true.
‘My immediate thought was, if [Adelson] purchased, he’d have told us already, just by dint of the fact that he’s been mainly a book that is open’ 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 issues of national security 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 entire year’s final Republican debate, held at fellow billionaire Sheldon Adelson’s Venetian casino. (Image: John Locher/AP)
Donald Trump reigned supreme once again, 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 spectacle that is three-hour as Senators Marco Rubio and Ted Cruz repeatedly sparred over their Congressional records.
While there was no clear winner, host network CNN declared that Rubio and Cruz 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.
The debate was largely balanced and fair, according to the candidates.
The two 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 reaction was equally strange, mentioning children whose heads he had exposed for brain surgery later being grateful he had done therefore. Exactly What?
Sheldon within the Wings
The conversation dedicated to keeping America safe, which was noted while the number 1 obligation of the president per repetitive declarations by the candidates. No gambling or daily fantasy sports talk was mentioned, even though the debate was taking place in nevada, the video gaming mecca for 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 Las vegas, nevada Sands owner Sheldon Adelson.
Held in the swing state of Nevada at Adelson’s Venetian resort, political insiders believe Rubio may be the favored candidate in the eyes associated with gambling tycoon. Adelson gave nearly $100 million in donations to super action that is political (PAC) throughout the 2012 presidential election, and he is a lot more than more likely to do equivalent in 2016.
Rumors are also bandied this week that Adelson may be the buyer that is mysterious of City’s primary news source, the Las Vegas Review-Journal. Many believe 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 customer remains shrouded in darkness.
Cruz vs. Rubio
Last night Rubio and Cruz both made their cases to persuade voters for their side as a legitimate conservative option to the outspoken Trump. Adelson is a vital reward to a successful Republican campaign, assuming one isn’t worth $10 billion on a single’s very own, as is the frontrunner the Donald.
Rubio, who’s allegedly met with Adelson privately 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 internal argument among the couple.
Cruz talked at the Republican Jewish Coalition’s Spring Leadership Meeting in April at the Venetian, with both Sheldon and Miriam in attendance.
Speculation has additionally surfaced that Adelson is not in favor of Trump being the Republican nominee to rise from 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.’
That said, Trump and Adelson did fulfill before final 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 have been going to satisfy.’
GVC Chief Kenny Alexander Denies Wrongdoing Over 37Entertainment Claims
GVC Holdings CEO Kenny Alexander denied claims from a Canadian marketing firm that his company had reneged on 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 thought to have filed an arbitration claim using 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 promised solutions 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 to be able to pursue its takeover of bwin.party, before pulling from the deal completely despite 37E having already started operations.
‘Without Substance’
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 contract had been reached’ between the two businesses.
‘GVC is constantly exploring relationships that are new new geographies and not all opportunities reach maturity,’ said a GVC representative last August.
In September, GVC trumped 888 Holdings for the right to get bwin.party for $1.6 billion in cash and shares. The battle for bwin was a long affair, once the 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 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 very least.
In the week leading up to the acceptance for the GVC offer, the bwin board polled its shareholders and discovered that they certainly were split 50/50 involving the offers. The board was then in a position to persuade a group of majority shareholders to switch sides and opt for its option that is preferred.
On Tuesday, nonetheless, 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 set out within the scheme document, such as formal sanctioning by the court.
