Sheldon Adelson reported to be new owner of Nevada’s largest newspaper

Marcy Oster

(JTA) — The son-in-law of billionaire casino mogul Sheldon Adelson arranged the purchase of Nevada’s largest daily newspaper, the Las Vegas Review Journal confirmed.

Patrick Dumont arranged the $140 million deal to purchase the Review Journal at the request of Adelson, the newspaper reported late Wednesday, citing unnamed sources close to the Adelson family. The newspaper was purchased last week by the News + Media Capital Group LLC, which is backed by “undisclosed financial backers with expertise in the media industry,” the newspaper reported.

Adelson on Tuesday told CNN that he had “no personal interest” in the newspaper’s new owner.

Adelson hosted Tuesday’s nights GOP presidential debate aired on CNN at his Las Vegas casino. He is a major donor to Republican candidates, pledging $100 million during the 2012 presidential election. He is the owner of the pro-Netanyahu Hebrew-language daily newspaper Israel Hayom, which is distributed widely for free in Israel.

Fortune first reported on Wednesday afternoon that Adelson, chairman and CEO of casino operator Las Vegas Sands Corp., was the newspaper’s primary buyer, citing “multiple sources familiar with the situation.” He had  made another attempt earlier this year to purchase the newspaper.

Adelson has not officially acknowledged the purchase.

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.