Nevada gambling authorities watching over the sale of a newspaper to Adelson’s family
Even though there is no legislation that prohibits a casino owner from acquiring a newspaper, authorities are monitoring reports regarding the aftermath of the purchase.
US.- The gambling regulators of Nevada are watching the sale of the state’s largest newspaper, Las Vegas Review-Journal, to the family of billionaire casino-mogul Sheldon Adelson.
According to many reports, Adelson’s son-in-law, Patrick Dumont, orchestrated the US$140 million deal. After the purchase, no owner was made public, and Adelson’s team refused to state any comment. Dumont is senior vice president at Las Vegas Sands Corp., of which Adelson is chairman and CEO. Now, the Nevada Gaming Control Board is monitoring reports about the recent US$140 million sale, the chairman of the agency A.G. Burnett confirmed.
Moreover the gambling regulators are including questions raised about some reporters, that after the purchase indicated that they received assignments to investigate a judge overseeing a lawsuit against Adelson and his Las Vegas Sands Corp.
As Burnett explained to local media, the board’s agents regularly monitor gambling companies and licensees are bound by state regulations barring them from engaging in anything that “might reflect discredit on the state.”