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 tabloidcalled Israel Hayom (Israel Today). He started that newspaper in 2007 and helped it grow to have the largest circulation in the country.
With his latest purchases, Adelson will now also control the main religious daily, Makor Rishon, which caters to Israel’s Zionist religious right, and NRG, the news Web site of the Maariv newspaper, which has faced a multitude of financial woes in the past few years .... http://www.washingtonpost.com
