Report: Sheldon Adelson Behind Secret Purchase Of Nevada’s Largest Paper

FILE - In this July 29, 2012 file photo, CEO of Las Vegas Sands Corp. Sheldon Adelson is seated before former Massachusetts Gov. Mitt Romney delivers a speech in Jerusalem. Las Vegas Sands casinos and Madrid official... FILE - In this July 29, 2012 file photo, CEO of Las Vegas Sands Corp. Sheldon Adelson is seated before former Massachusetts Gov. Mitt Romney delivers a speech in Jerusalem. Las Vegas Sands casinos and Madrid officials have chosen the town of Alcorcon on the outskirts of the Spanish capital as the site for the multi-billion dollar "EuroVegas" casino project, which authorities hope will bring much needed jobs and investment to the recession-wracked country. The announcement made Friday Feb. 8, 2013 stated that the entire project, initially comprising 12 hotels and six casinos, is to be finished by 2023 at an estimated cost of euro 22 billion. (AP Photo/Charles Dharapak, File) MORE LESS
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The mystery of who purchased Nevada’s largest daily newspaper last week for $140 million may be solved, according to a Wednesday Fortune report. Multiple anonymous sources familiar with the Dec. 10 sale of the Las Vegas Review-Journal told the business website that conservative casino magnate Sheldon Adelson was behind the purchase.

These reports have not been confirmed by Adelson or by Michael Schroeder, a Connecticut newspaper publisher who was the only person listed on regulatory filings about the sale.

Outlets such as The Los Angeles Times suggested earlier this week that Adelson may have been behind the purchase, given his wealth and local ties. Because Nevada is both an early caucus and swing state, journalists, including those on the Review-Journal’s own staff, speculated that the newspaper was purchased for political influence.

Adelson is one of the largest Republican donors, and hosted the fifth GOP presidential debate at his Venetian hotel Tuesday night.

Though the new owners have told staffers that they won’t interfere with editorial content, Review-Journal reporter James DeHaven asked Monday “how reporters can possibly disclose conflicts of interest with the company that signs their paychecks.”

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  1. Avatar for meri meri says:

    Wasn’t this the most obvious guess?

    He also owns a school in Vegas that has their kids pledge allegiance to the USA and Israel every morning.

  2. In Texas, all students have to pledge to Texas too.

  3. Ladies and Gentlemen, I give you the next William Randolph Hearst.
    Adleson will use his Chinese Mob-Money from his Maccau Casinos to start a war with Iran if it’s the last thing he does.

  4. Avatar for imkmu3 imkmu3 says:

    The scary thing is, I don’t know if that’s snark or not.

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