The King of Casinos is No More. Long Live the King.
The “King of Gambling” and the “Godfather of Macau,” Stanley Ho, passed away on May 26, 2020, at the age of 98. Ho is credited with transforming the sleepy town of Macau into the most popular gambling destination in the world, ahead of even
Senate Panel of US State of Virginia Passes Casino Legislation Bill for Five Cities
The US state of Virginia is home to more than 8 million people. Over the last couple of years, more residents have been pushing policymakers to change the state’s gambling laws. Although the state had many gambling avenues in the 1800s, these were made illegal during
Brisbane is All Set to Rock with Integrated Casino Resorts
Brisbane has a solid plan to become the next “New World City”. This metropolitan hub of Australia’s Queensland area is all set to sparkle and dazzle, with seven major projects underway that are scheduled to become operational in
The Tale of Two New Jersey Shutdowns and How They Impacted the Casino Industry
Had it not been for the astuteness of the former New Jersey Governor Jon Corzine, the casino industry in the state would have suffered a huge financial loss in the three-day state shutdown that ended on July 3, 2017. Corzine, a former
10 Little-Known Facts and Trivia About Casinos
If you’re smitten by the excitement, history and charm of the casino industry, you’re not alone! So, here’s a chance to dive into some little-known facts about the casino industry and some of its most passionate
James Packer: A Crown Jewel of the Casino Business
Let’s say Hello to the Ninth Richest Australian of 2017, James Packer!
With a net worth of US$3.9 billion, Packer has made a name for himself in the gaming and entertainment business by launching Crown Resorts Limited.
Michael Shackleford: Meet the Wizard of Odds
Before we meet the Wizard of Odds, let’s take a short look at the yellow brick road that is paved by mathematics and economics on one side and gambling and gaming theory on the other side. Mathematics and gambling are intertwined; however, mathematics is considered a much more socially acceptable field
Stu Ungar: Poker’s First Disruptive Innovator
When Forbes magazine compiled a list of the most disruptive trends in business, they defined “disruption” as something that “…displaces an existing market, industry, or technology and produces something new and more efficient and worthwhile. It is at once destructive and creative.” While the Davids of the business world shake up the Goliaths with disruption,
Top Four Casinos Located on Beach Islands
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
Rakesh Wadhwa. Ever since, I was a school boy, I knew India was on the wrong path. Socialism was just not what we needed to get ahead. Government controlled our travel; government controlled our ability to buy and sell; and government controlled our freedom to move our money. My life has focused on the inherent rights people have. When I was in college, I never understood, what the governments meant by their "socialistic attitude". If people are free to buy, sell and move their capital themselves without any restrictions by state, then the welfare of people is inevitable & hence the countries they live in will become wealthy. The government has no right whatsoever, to point a finger at me or my business. I am not a revolutionary. I just want to light up my cigarette and not get nagged about it. I believe in non-interfering attitude to attain more. 
The Bastiat Award is a journalism award, given annually by the International Policy Network, London. Bastiat Prize entries are judged on intellectual content, the persuasiveness of the language used and the type of publication in which they appear. Rakesh Wadhwa won the 3rd prize (a cash award of $1,000 and a candlestick), in 2006.
What the readers are saying…