Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Posted by: on Nov 13, 2019 | No Comments

The Region C casino license was the third and final destination casino property, legalised by the state of Massachusetts, in its 2011 Expanded Gaming Act. Under this act, the Massachusetts Gaming Commission (MGC) had authorised three

The Eldorado-Caesars Deal: Changing Landscape of the US Casino Industry

The Eldorado-Caesars Deal: Changing Landscape of the US Casino Industry

Posted by: on Jul 8, 2019 | No Comments

The US casino industry suffered serious setbacks during the 2008 financial crisis. Revenues plummeted almost

Step Aside, Bureaucrats, And Make Way for Progress

Step Aside, Bureaucrats, And Make Way for Progress

Posted by: on Jan 25, 2019 | No Comments

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?

What Lies in Store for the Global Casino Industry in 2019?

Posted by: on Jan 18, 2019 | No Comments

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

Trump’s America Takes One Step Forward, Two Steps Back

Posted by: on Jul 9, 2018 | No Comments

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?

Will Trumponomics Drive America into Another Recession?

Posted by: on Jul 2, 2018 | No Comments

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 Underway on 3 New Casinos in New York State

Posted by: on Jun 17, 2016 | No Comments

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: American Dream Coming True?

Posted by: on May 13, 2016 | No Comments

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

Moral Hazard and the Global Financial Crisis

Posted by: on Apr 7, 2016 | No Comments

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

Apple vs the FBI – A Case of Privacy vs Security

Posted by: on Mar 16, 2016 | No Comments

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.