I’m Happy Sheldon Adelson Wants to Own a Newspaper

The Ensuing Conflicts of Interest May Be Troubling, But It Sure Beats the Alternative

There is good news and bad news to report from the world of those whose business it is to relay the news. The good news is that the family of Sheldon Adelson, the casino-owning billionaire, bought the Las Vegas Review-Journal, the largest daily paper in Nevada, at the end of last year. The bad news, too, is that the Adelsons, who initially sought to hide their controlling interest in the Review-Journal, bought the paper.

The purchase is good news because it’s a vote of confidence in the continuing relevance of metropolitan …