Saturday, August 25, 2012

Sheldon Adelson.


From the New York Daily News, August 23

Sheldon Adelson, the billionaire casino mogul who is one of the largest donors to Mitt Romney and the Republican party, has been accused of bringing “ruin” to Israel’s newspaper industry. 

The American owner of the Sands Casino in Las Vegas has poured money into a free daily newspaper called Yisrael Hayom (Israel Today) that shows a slavish loyalty to Prime Minister Benjamin (Bibi) Netanyahu. 

Aggressive marketing and popularity among Netanyahu supporters has rocketed the paper to the top of Israel’s newspaper industry, bringing competitors to their knees. 

The iconic Israeli newspaper Ma’ariv is close to bankruptcy — and is likely to soon become an online-only publication except on weekends.
...
“I don’t know what his motives are, but he’s touching Israeli democracy’s holy of holies — he’s molding the face of Israeli society,” said Daniel Ben-Simon, a Labor Party legislator. “Personally, I feel badly that a man who made most of his money in casinos or by means of casinos, who doesn’t know a word of Hebrew and doesn’t live here, should hold such a key.”