Sheldon Adelson’s Israeli Newspaper Lost $190 Million in First Seven Years
Israel Hayom, the free Israeli daily financed by American casino magnate Sheldon Adelson, lost $190 million from its inception in 2007 to 2014. That comes out to one shekel, or about 26 cents, per paper printed, Haaretz reported. Israel Hayom is the largest circulation newspaper in Israel. Known for its favorable coverage of Israeli Prime…