Nevada regulators watching newspaper sale to Adelson family

AP News
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Posted: Dec 29, 2015 3:30 PM

LAS VEGAS (AP) — The sale of Nevada's largest newspaper to the family of billionaire casino-mogul Sheldon Adelson has gambling regulators watching.

Nevada Gaming Control Board Chairman A.G. Burnett confirmed Tuesday the agency is monitoring reports about the recent $140 million sale of the Las Vegas Review-Journal to the Adelson family including questions raised about reporters being assigned to investigate a judge overseeing a lawsuit against Adelson and his Las Vegas Sands Corp.

Burnett says 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." He says there's nothing prohibiting a casino owner from buying a newspaper.

The newspaper's executives originally refused to identify the new owners. Review-Journal reporters later independently revealed Adelson's son-in-law facilitated the deal.