Sheldon Adelson Identified as Buyer of Las Vegas Newspaper
Image by Getty Images
By Josh Nathan-Kazis December 16, 2015
Sheldon Adelson is the mystery purchaser of Nevada’s largest newspaper, according to a report from Fortune magazine.
The Las Vegas Review-Journal was purchased for $140 million in early December by a limited liability corporation that went to unusual lengths to shield the identity of its owner. The strange transaction drew attention from media watchers and political reporters alike, as the paper’s right-leaning editorial page could have a significant impact in Nevada’s early presidential primaries.
As various wealthy billionaires denied having purchased the paper in recent days, suspicion began to settle on Adelson, the billionaire casino magnate, political donor, and owner of Israel Hayom, a hawkish free Israeli daily. Harry Reid, the U.S. Senator from Nevada and senate minority leader, told Politico on December 15 that he suspected Adelson.
The Fortune report, published shortly before 4 PM on December 16, cited unnamed “sources familiar with the situation” confirming that Adelson was the paper’s purchaser.
The Review-Journal itself has yet to identify its new owner. A story published in the paper on December 15 quoted the Society of Professional Journalists, an advocacy group, condemning the new owners for hiding their identities.
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and the protests on college campuses.
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly.
— Rachel Fishman Feddersen, Publisher and CEO
Join our mission to tell the Jewish story fully and fairly.
