Ending Mystery, Adelson Family Says It Bought The ‘Las Vegas Review

The newspaper was sold last week to a group called News + Media Capital Group LLC for $140 million.

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.

“I know there had been talks inside Sheldon Adelson’s inner circle about purchasing a newspaper” in the United States, Ralston added.

The family said it waited to announce the purchase to avoid distraction from Tuesday’s Republican presidential debate, which took place at an Adelson-owned casino-hotel.

He was in the audience at CNN’s GOP debate – held inside the Venetian Theatre that he owns – so I approached him during a commercial break.

An Adelson spokesman did not respond to a request for further comment on Wednesday afternoon. “It’s time for the new owners to take off their mask and prove they have nothing to hide”, Titus said of the new buyers.

Ken Doctor, a media analyst, said the circumstances of the sale are troubling and unlike other newspaper sales with private owners.

Greenspun says it’s Adelson’s prerogative as owner to set the tone for the paper’s editorials. We’ve reached out to a spokesperson for his company, the Las Vegas Sands Corporation, and will update this post if we hear back. Sivan Ochshorn Dumont is listed as owner/agent of Israel Hayom, which is owned by the casino mogul. Nevada is fourth in the presidential primary process with balloting in February. As the acquisition was wrapped up, the deal-makers came under fire for their lack of transparency regarding who controls News + Media.

But Adelson himself is still refusing to comment on his reported purchase of the paper, keeping the mystery, almost unprecedented in American modern history, somewhat alive.

“We hope whoever bought it will allow journalists to produce journalism that is ethical, responsible, and thorough”, said Seaman.

That’s the family of Sheldon Adelson, the conservative billionaire considered by some to be the most influential political donor in the country. He told the network that he had no “personal interest” in the paper.

Brian Greenspun, CEO and publisher of the rival Las Vegas Sun, said he welcomes the Adelson family to the journalism neighborhood and that any success under the new ownership would be good for them both. Morton and other staffers who expressed frustration on social media and demanded to know the identity of the buyer have declined to comment to The Associated Press. “That doesn’t mean you can’t own a newspaper if you have a certain bent but you should be upfront about who you are”, she said.