Another day in Adelsonia

After a weeks of ham-handed “managing” of the Las Vegas Review-Journal, controversial executive Michael Schroeder got the heave-ho, the apparent Adelson portraitprice of having brought unwanted attention to Sheldon Adelson‘s ownership. He was also an ethical cancer on the R-J, having been exposed as the author of a hit piece on Judge Elizabeth Gonzalez, in a story that “included made-up quotes and plagiarized passages.” Schroeder didn’t exactly endear himself to staffers by telling them “focus on your jobs … and don’t worry about who [the owners] are.” What a snot. Such clumsy obfuscation caused the spotlight to shine all the more brightly on Adelson.

I’m also going to go out on a limb and predict that Sheldon will be revealed as the mogul planning a 100,000-seat arena, as reported in the Las Vegas Sun. Other than Caesars Entertainment, which would draw howls of outrage from creditors if attempted such a high-cost project now, the only companies which satisfy the criteria of having off-Strip space Sheldon_Adelson dye jobto spare are Wynn Resorts and Las Vegas Sands. Now Steve Wynn‘s talked about ripping up his golf course before and, at $500 a round, the links surely don’t pay their own way. However, Wynn is averse to debt, and still has both Wynn Palace and Wynn Everett to finish (hell, Wynn Everett isn’t even started). Adelson is rolling in dough from Macao, even in these attenuated times, has spare acreage and the hubris to build an arena so big very few events could fill it.

Besides, anyone remember when Sheldon was planning to build a new Sands Expo Center, add a third hotel tower and call the whole shebang MEGACENTRE (insert booming bass echo here)? I can think of one very good, overriding reason he would build an arena this massive: to host a Republican National Convention or two. Adelson thinks big and being able to lord it over the biggest event on the national political stage is, I believe, motive enough.

* Considering how thin-skinned he is, Donald Trump should be grateful for the cushy media coverage he’s received. Where are the investigations of his business relationships with mobsters “Fat” Tony Salerno, Paul “Big Paul” Castellano and Nicky Scarfo, or with convicted felon Joseph Weichselbaum? For that matter, where was the New Jersey Casino Control Commission, which has consistently turned a blind eye to Trump’s seamier dealings?

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