How U.S. Billionaire Sheldon Adelson is Buying Up Israel’s Media

Posted Friday, May 2, 2014 7:53 am

By: Ruth Eglash | The Washington Post

JERUSALEM — Las Vegas casino magnate and GOP super donor Sheldon Adelson is gambling on a new venture. On Wednesday, after the Israeli antitrust authority approved his purchase of two more news outlets, the Jewish American billionaire upped his ante in the country’s media market.

Adelson already owns one of the four mainstream newspapers here, a free daily tabloid called Israel Hayom (Israel Today). He started that newspaper in 2007 and helped it grow to have the largest circulation in the country.

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How U.S. Billionaire Sheldon Adelson is Buying Up Israel’s Media

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