Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Is the Mystery Buyer

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Is the Mystery Buyer

The Las Vegas Review-Journal has announced that it has a new owner, yet not perhaps the staff knows who its.

Did Sheldon Adelson, whose Las vegas, nevada casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Las Vegas Review-Journal? The majority are saying ‘yes,’ but no one however the buyer him or herself knows for sure at this juncture.

The $140 million cost tag for Nevada’s main newspaper would be chump change for the billionaire, of course. But as city news sources go, it is considered lot at a time as soon as the print publishing industry is in decline.

However the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not evidently the newspaper’s staff, knows the identity of the owner that is new.

What we do know is this: last Thursday, a business called News + Media Capital Group paid means over market value to take control of the newspaper from its previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.

Who owns the extremely recently incorporated News + Media Capital Group have not even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the bottom of story, scratching their minds.

‘Do Not Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on last we Continue reading “Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Is the Mystery Buyer”

Pro Sports Better Adam Meyer’s Lawyer Claims Former Customer is Government Informant

Pro Sports Better Adam Meyer’s Lawyer Claims Former Customer is Government Informant

Adam Meyer is waiting to stand trial on many fees in a Wisconsin federal court, the former high-stakes sports betting handicapper at first claiming through his lawyer that he had been a government informant.

Adam Meyer proclaimed for years he had been ‘the recreations consultant to the stars,’ the Florida-based sports handicapper routinely appearing on tv to flaunt his insider knowledge and unrivaled results.

His Real Money Sports website described Meyer as ‘the star that is biggest in Vegas’ whose ‘client list reads like the front page of range.’

‘If there’s a result, Adam will show you the way to show it into an income,’ their bio read.

Unfortunately for those who took Meyer through to his solutions, the outcome converted into earnings for only Meyer himself.

In December of 2014, a Wisconsin grand jury indicted Meyer on six charges including cable fraud, racketeering, and extortion relating to a wealthy Fond du Lac, Wisconsin, guy who claimed to own been taken for $25 million.

Meyer’s Tainted Past

At the height of Meyer’s procedure, he had been reportedly recharging well over $250,000 for the package of betting recommendations and recommendations of games where in actuality the fix was in. Meyer’s services and products would advise clients on how to wager and which teams to pick.

He reported to hire research staff 130 strong and asserted his guidelines was included with a 60 percent winnin Continue reading “Pro Sports Better Adam Meyer’s Lawyer Claims Former Customer is Government Informant”

Caesars Reports Mixed Third Quarter Results, WSOP TV Ratings Also Mixed

Caesars Reports Mixed Third Quarter Results, WSOP TV Ratings Also Mixed

World Series of Poker champ Joe McKeehen had a $7.68 million payday this week, the WSOP additionally helping the third-quarter financials for Caesars.

Caesars Acquisition Company (CAC), the investment arm in Caesars Growth Partners (CGP), released its third quarter revenues for 2015 and the outcomes are mixed.

The moms and dad business to Caesars Interactive Entertainment, the World Series of Poker and a few casinos Planet that is including Hollywood Harrah’s New Orleans, plus the Horseshoe Baltimore, CAC reported total new profits jumped to $601.2 million in the three months finished September 30, a growth of almost 24 %.

Not most of the news had been good, CAC also revealing that its income that is net from operations had been just $20.5 million, a 71 percent drop year-on-year.

Caesars Acquisition’s CEO Mitch Garber had no qualms rotating the negatives into positives, saying his organization remains ‘encouraged by the performance that is strong of assets.’

Interactive Stays Active

The highlight of Q3 filing by CAC was yet again its Caesars Interactive Entertainment (CIE) arm, the division reporting $194.5 million in net revenues, a 20.4 percent yield compared to Q3 2014.

CIE is responsible for the WSOP brand name along with Caesars Palace Las Vegas and lots of gaming that is social including Bingo Blitz, Slotomania, and Caesars Bingo.

‘Our Interactive Entertainment business continues to generate results Continue reading “Caesars Reports Mixed Third Quarter Results, WSOP TV Ratings Also Mixed”