Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer

The Las Vegas Review-Journal has announced that it has a brand new owner, however perhaps the staff knows who it really is.

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

The $140 million cost tag for Nevada’s primary newspaper would be change that is chump the billionaire, of program. But as town news sources go, it’s considered a complete lot at the same 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 really evidently the newspaper’s staff, knows the identity of the owner that is new.

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

Who owns the extremely recently incorporated News + Media Capital Group hasn’t even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at getting to the bottom of a whole story, scraping their heads.

‘Don’t Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group mana more “Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer”

Florida Agrees $3.1 Billion Deal with Seminoles

Florida Agrees $3.1 Billion Deal with Seminoles

Florida governor Rick Scott hails the largest rev-sharing that is tribal history as dispute with Seminoles is placed to bed.

The Seminole Tribe’s governmental standoff with Florida governor Rick Scott was finally resolved this following a deal which will see the Seminoles pay $3.1 billion to the state over seven years in return for the right to offer craps and roulette week.

It’s considered to be the biggest tribal rev-share agreement in the US, dwarfing the cut received by the state underneath the terms of the previous agreement.

Florida inked a deal aided by the Seminoles in 2010 which gave the tribe exclusivity on blackjack in the continuing state in return for $1 billion, spread over five years.

The deal additionally prevented the expansion of slots gambling beyond that which already existed at a handful of pari-mutuel racetracks, offering the Seminoles a stranglehold on the slots market.

This agreement expired on 1 this year, and the two parties have been negotiating ever since august.

No Expansion for 20 Years

The Seminoles, who own seven properties into the Sunshine State, will be prohibited from expanding their operations for an interval of twenty years. And while gaining the directly to offer craps and roulette, the tribal operator will relinquish its monopoly on blackjack and slots.

This allows the expansion of blackjack into the Miami-Dade and Broward racinos and up to 750 slots at other venues such once the Palm Beac more “Florida Agrees $3.1 Billion Deal with Seminoles”

Washington State Online Poker and DFS Bills Introduced

Washington State Online Poker and DFS Bills Introduced

Representative Sherry Appleton has resurrected her online poker bill, which didn’t gain traction year that is last.

Washington State’s on-line poker and daily fantasy sports (DFS) bills happen resurrected today, on the very first day of this state’s legislative session, January 13th. The two bills are identical to legislation introduced a year ago that failed to gain traction into the legislature.

Representatives Sherry Appleton’s and Vincent Buys’ HB1114 seeks to authorize and manage real-money online poker in circumstances that was among the first to particularly ban gaming that is online.

In fact, Washington could be the state that is only merely playing online poker could, at the very least theoretically, get you locked up.

Lawmakers forbidden online gaming in 2006 in the wake of the passage of this federal Internet that is unlawful Gambling Act (UIGEA), and made it A class C felony.

Section 9.46.240 of the state’s gambling law declares that anyone who ‘knowingly transmits or receives gambling information by telephone, telegraph, radio, semaphore, the online, a telecommunications transmission system, or similar means’ is breaking what the law states.

Grassroots Push

This implies that the act that is simple of online poker could include a prison sentence of up to five years and a $10,000 fine, although no body has ever been prosecuted under this law, we should point out.

However, numerous see the statutory law as draconi more “Washington State Online Poker and DFS Bills Introduced”