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Did Sheldon Adelson Buy Las Vegas Review Journal
Monday December 14,2015 : REALLY? IS SHELDON ADELSON THE NEW OWNER OF THE LAS VEGAS REVIEW-JOURNAL? (Update)
Speculation that virulently anti-online gambling land casino mogul is behind the recent acquisition of the distinguished Journal.
Spicing up the weekend was a speculative report in the Huffington Post claiming that Las Vegas Sands billionaire owner Sheldon Adelson - renowned for his fanatical opposition to online gambling - may be the power and the money behind the recent acquisition of the Las Vegas Review-Journal and its sister publications.
The sale of the highly respected publication was announced last week (see previous InfoPowa report), although the identity of those behind new owners News + Media Capital Group LLC was not disclosed.
On Friday the new owners (described by some sources as financiers with media experience) revealed that the consideration paid was $140 million, but the identity of the investors remained a mystery.
The Huffington Post notes that it is unusual for newspaper owners to remain secretive, and that journalists are puzzled by the apparent reticence of the investors, encouraging speculation.
Much of that speculation is that this is a move by Adelson, who can certainly spare $140 million from his vast personal fortune. The rumour was fuelled by a lack of response from Adelson's company when reporters tried to check on its veracity.
The Post comments that one of the dangers of a concealed ownership is that it could lead to Review-Journal reporters "...unknowingly wading into conflicts of interest if covering businesses owned by the undisclosed backers."
The newspaper additionally observes that such a lack of disclosure appears hypocritical given newspapers' traditional role of seeking transparency from others....and it notes that the Journal's own reporters have expressed outrage at the embarrassment.
Attempts to obtain clarity on the issue may have been disrupted by the weekend, but a response from either an Adelson spokesperson or his company will certainly be expected as the new week commences.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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