What the Launch of Tigre De Cristal Portends for Asian Casinos

What the Launch of Tigre De Cristal Portends for Asian Casinos

The much awaited Tigre De Cristal, the largest casino in Russia, will be launched on August 28, 2015, in the Primorsky Integrated Entertainment Zone (IEZ) in Vladivostok, one of the four gambling zones legalized by Russia. The project is

What the Launch of Tigre De Cristal Portends for Asian Casinos

What the Launch of Tigre De Cristal Portends for Asian Casinos

Posted by: on Aug 31, 2015 | No Comments

The much awaited Tigre De Cristal, the largest casino in Russia, will be launched on August 28, 2015, in the Primorsky Integrated Entertainment Zone (IEZ) in Vladivostok, one of the four gambling zones legalized by Russia. The project is

Establishment of Free Markets is Directly Proportionate to Technological Advancements

Establishment of Free Markets is Directly Proportionate to Technological Advancements

Posted by: on Aug 26, 2015 | No Comments

The advantages of a Free Market are many, and obvious to those who know where to look. While the skeptics continue to fester, there is no dearth of evidence in favour of capitalism. One of the most pertinent findings is that the capitalist

David Ricardo: Following the Footprints of Adam Smith

David Ricardo: Following the Footprints of Adam Smith

Posted by: on Aug 21, 2015 | No Comments

In many ways, Ricardo’s economic views mirror that of Adam Smith’s teachings. He believed that the market, although in many ways imperfect, was better left “untouched” by restrictions. According to Ricardo, government intervention only prevents the economy

Who is Julian Le Grand?

Who is Julian Le Grand?

Posted by: on Aug 12, 2015 | No Comments

Sir Julian Ernest Michael Le Grand is a name well known amongst the intellectuals of the United Kingdom. However, he is not just a man who is known among other men of letters. He is just as popularly known among socially aware citizens due to his

Macau Revenues Plummet

Macau Revenues Plummet

Posted by: on Aug 5, 2015 | No Comments

After a resounding success in the financial year of 2013, wherein the Macau casino market drew in a single year record revenue of $45.2 million, 2014 witnessed a slowdown that gave way to a plunge in 2015. The first significant dip was in October 2014,

Does the European Union Strive for a Free Market Economy?

Does the European Union Strive for a Free Market Economy?

Posted by: on Jul 28, 2015 | No Comments

The 21-year old European Union has been a lightning rod of controversy, following the unwillingness of Ukrainian President Viktor Yanukovych to sign the agreement with them. Additionally, since Iceland’s withdrawal of its membership,

Taxes Impede the Transformative Project to Build a Binghamton Casino

Taxes Impede the Transformative Project to Build a Binghamton Casino

Posted by: on Jul 21, 2015 | No Comments

Albany area financier Jeffrey Hyman had received unanimous support from the Binghamton council for his proposal for the Southern Tier Star Casino and Conference Center. This proposal was to compete in the bidding process run by

Resource Allocation in a Free Market: Is it Better?

Resource Allocation in a Free Market: Is it Better?

Posted by: on Jul 14, 2015 | No Comments

Resource allocation refers to the way in which resources are distributed to produce various goods and services. One of the key characteristics of a free market economy is that all resources are privately owned.

The Garden State to See a New Casino

The Garden State to See a New Casino

Posted by: on Jul 7, 2015 | No Comments

According to a report by the Associated Press on May 26, 2015, a new casino is said to open in New Jersey, outside the limits of Atlantic City.

Visa Restrictions from China Sharply Hit Macau’s Growth

Visa Restrictions from China Sharply Hit Macau’s Growth

Posted by: on May 6, 2015 | No Comments

Macau’s growth has been sharply hit as anti-corruption regulations in China, along with a ban on smoking in the Macau casinos and visa restrictions for gambling in Macau