Brexit: The Biggest Political Betting Event So Far

Brexit: The Biggest Political Betting Event So Far

Jul 12, 2016 | No Comments

The initial surprise over Brexit led to an outbreak of political betting. Coming close on the heels of the landmark Britain’s Leave Campaign was a flurry of activity aimed at either conserving wealth or an attempt to create wealth over the outcome of

Top Four Casinos Located on Beach Islands

Top Four Casinos Located on Beach Islands

Jul 1, 2016 | No Comments

Las Vegas is considered as the casino capital of the world, however Vegas is located in the middle of a desert. For those looking for a more idyllic setting, there is nothing like a long stretch of golden sand, the azure sea lapping at

Construction Underway on 3 New Casinos in New York State

Construction Underway on 3 New Casinos in New York State

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,

Crony Capitalism is on a Decline

Crony Capitalism is on a Decline

Jun 10, 2016 | One Comment

Crony capitalism is on a decline, according to the Economist’s index of crony capitalism created in 2014. The Economist index shows that in 2016, Russia has the highest amount of crony capitalism; crony sector wealth constitutes 18% of Russia’s GDP, out of

Resorts World Las Vegas Moves One Step Closer to Reality

Resorts World Las Vegas Moves One Step Closer to Reality

Jun 3, 2016 | One Comment

Resorts World Las Vegas, to be built by the Malaysia-based Genting Group, came one step closer to reality when a three-member panel of the Nevada Gaming Control Board gave preliminary approval for a range of applications by the company, such as the

India Achieves its Highest Ever Score on the Index of Economic Freedom

India Achieves its Highest Ever Score on the Index of Economic Freedom

May 27, 2016 | One Comment

India achieved its highest ever score on the 2016 Index of Economic Freedom. India’s score of 56.2 gave it the 123rd rank among the 178 countries ranked by this index. India was ranked the 25th among the xx nations in the Asia Pacific region. The 123rd

Australia’s Casino Industry Continues its Expansion

Australia’s Casino Industry Continues its Expansion

May 20, 2016 | No Comments

Australia’s casino industry is anticipating continued strong business from Chinese and Indian tourists as it expands across the nation. The industry will be spending more than 15 billion Australian dollars (AUD) over the next decade to build new luxury

Donald Trump: American Dream Coming True?

Donald Trump: American Dream Coming True?

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

Macau Casino Revenues Down Less than Expected in April 2016

Macau Casino Revenues Down Less than Expected in April 2016

May 6, 2016 | No Comments

Macau casino revenues fell by 9.5% on a year-on-year basis in April 2016 to $2.2 billion, according to data from Macau’s Gaming Inspection and Coordination Bureau. This marks the twenty-third consecutive month of declines. Macau’s casinos have been

Daniel Kahneman: The Psychologist  who won a Nobel Prize for Economics

Daniel Kahneman: The Psychologist who won a Nobel Prize for Economics

Apr 21, 2016 | No Comments

Daniel Kahneman and his colleague Amos Tversky studied human behaviour when faced with uncertainty and risk, and came up with groundbreaking results; primarily, that human beings are not necessarily the rational agents of economic theory. Daniel Kahneman