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Sheldon Adelson’s Family Reveals Ownership of Las Vegas Review-Journal

After week of secrecy regarding newspaper’s purchase, polarizing casino magnate and conservative donor comes forward as owner

The secret is out: Sheldon Adelson and his family are the new owners of the Las Vegas Review-Journal.

The confirmation, reported in Thursday’s paper, came after the mysterious new owner of the paper declined to reveal their identity for a week.

Adelson’s son-in-law Patrick Dumont brokered the deal, according to the announcement.

“We understand the desire of the hard-working staff at the R-J and others in the community to know the identity of the paper’s new owners, and it was always our intention to publicly announce our ownership,” a family statement said.

The family said it kept its ownership secret for a week because it didn’t want to distract attention from the Republican debate being held in Las Vegas on Tuesday.

Adelson’s family said it acquired the paper because it believes that a “strong and effective daily newspaper plays a critical role in keeping our state apprised of the important news and issues we face on a daily basis.”

“The family wants a journalism product that is second-to-none and will continue to invest in the paper to achieve this goal.”