Vegas columnist, sued for libel, declares bankruptcy

by Walter Olson on October 17, 2007

John L. Smith, whom the Las Vegas Review-Journal describes as its most widely read columnist, “has filed for bankruptcy after a two-year legal battle with Sheldon Adelson, owner of The Venetian resort. Adelson is suing Smith and his book publisher, Barricade Books, and alleging libel based upon Smith’s 2005 book ‘Sharks in the Desert: The Founding Fathers and Current Kings of Las Vegas.’ The Review-Journal was not named in the lawsuit.” Smith concedes the muckraking book contained inaccuracies about Adelson but takes issue with the tycoon’s claim of damages: “in the time since this book was published, Adelson has gone from 15th richest man in the world, according to the Forbes annual ratings, to sixth, so it’s hard to see how he has been harmed.” Barricade Books, associated with the late Lyle Stuart, also filed recently for bankruptcy. (A.D. Hopkins, ” Columnist pursues bankruptcy protection”, Las Vegas Review-Journal, Oct. 12) (via Romenesko).

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