
Step Aside, Bureaucrats, And Make Way for Progress
We have seen markets fail, right? Some are quick to site such instances and proclaim the benefits of government regulation. However, government failure is often hidden and only a handful of people seem to be

What Lies in Store for the Global Casino Industry in 2019?
Revenues of the global casino market is predicted to rise to more than $525 billion by 2023, growing at a CAGR of about 4% during 2017-2023, according to the Gambling Market – Global Outlook and Forecast

Trump’s America Takes One Step Forward, Two Steps Back
The US has imposed 25% tariffs on Chinese imports worth $34 billion. Beijing immediately retaliated with tariffs on $34 billion worth of US imports. The Trump administration is working on a second wave of tariffs on Chinese goods

Will Trumponomics Drive America into Another Recession?
The Trump economy received an “important endorsement” from Fed Chairman Jay Power, who said, “The US economy is in great shape…Most people who want to find jobs are finding them,” said an article published by Yahoo Finance on June

Construction Underway on 3 New Casinos in New York State
Construction is underway on three new casinos in New York State, after the New York State Gaming Commission granted licenses for three lavish resort casinos across New York State in December 2015. The resorts are the Montreign Casino and Raceway,

Donald Trump: American Dream Coming True?
Donald Trump has been referring to the American Dream being over. And, of course, about how he would play an instrumental, as President, in reviving this dream. I wonder if Donald Trump actually understands the American Dream, and whether his policies are in synch

Moral Hazard and the Global Financial Crisis
Competition produces efficient outcomes when certain conditions hold. One of these is that all the agents involved have all the information that they need. However, in the real world, one often observes asymmetric information; the existence of asymmetric

Apple vs the FBI – A Case of Privacy vs Security
On December 2, 2015, two terrorists, Syed Rizwan Farook and his wife Tashfeen Malik, killed 14 people and injured 22 others in the city of San Bernardino, California. The couple were shot dead by the police in a shootout following a chase.

Will the Gaming Votes Initiative be a Game Changer?
Americans will elect their 45th President on November 8, 2016. Other than the fact that a casino magnate is the early Republican frontrunner in the polls, there has been another unique feature of this election, in favour of the gaming

Donald Trump: From Casino Magnate to Presidential Candidate
Donald Trump came to be known all over the world for his sardonic humor and his magnetic personality when he starred in the famous television show, The Apprentice. Having first aired in 2004, the show ran for 14 seasons in two formats, The
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