Nevada Casino Regulator Monitors Las Vegas, Nevada Review-Journal Sale to Adelson Family
The Nevada Gaming Control Board is viewing closely the purchase for the Las Vegas Review-Journal to casino mogul Sheldon Adelson and his household, regional news reported.
Citing state gaming regulations, A.G. Burnett, Chairman associated with regulator, explained that the Board has the right to investigate the transaction, given the name of the prominent gambling figure is involved in it. Mr. Adelson being tangled up in the purchase associated with the news socket just isn't a precedent for the gaming license holder to additionally be the owner of a book. Up to 2014, Brian Greenspun, publisher associated with the vegas Sun, owned certain small casinos across their state.
The Las Vegas Review-Journal's sale attracted a serious large amount of attention even before it became clear that Mr. Adelson had been somewhat taking part in it. The $140-million transaction ended up being closed and established on December 10 and corporation that is delaware-based + Media LLC was detailed due to the fact publication's brand new owner. A week later, the Las Vegas Review-Journal revealed that Patrick Dumont, that is, by opportunity, Mr. Adelson's son-in-law, ended up being behind the deal that is multi-million-dollar.
It is still confusing exactly what the newspaper's brand new owner would do along with it but numerous suggested that the casino mogul might use it to influence the gambling industry.