NY Times

Billionaire Casino Magnate Revealed as the Mystery Buyer of the Las Vegas Review-Journal Newspaper

Dec 17, 2015  •  Post A Comment

The person who purchased the Las Vegas Review-Journal newspaper for $140 million is casino magnate and Republican donor Sheldon Adelson, The New York Times reports.

“The revelation, first reported by Fortune and later reported by the newspaper itself, solves a riddle that had fascinated those in political and news media circles since the sale, for a lavish price, was announced last week and attached only to a newly incorporated company called the News and Media Capital Group,” The Times reports.

The report notes that even staffers of the Vegas paper were kept in the dark about the mystery buyer.

“Earlier Wednesday, Mr. Adelson had been quoted by CNN as saying he had ‘no personal interest’ in the newspaper. Some noted the careful phrasing,” The Times adds.

las vegas review-journal

Your Comment

Email (will not be published)