Where is the Asian Casino Market Headed?

Where is the Asian Casino Market Headed?

Posted by: on Aug 9, 2018 | No Comments

Possibly the biggest development for the Asian casino industry so far in 2018 has been the Japanese government’s approval of commercial integrated casino resorts in the country. Under the leadership of Prime Minister Shinzo Abe, Japan has now authorized the opening of three gambling properties in the country, with the tax on gross revenue set at 30%

This is What Happens When There’s No Government Control

This is What Happens When There’s No Government Control

Posted by: on Dec 5, 2017 | No Comments

Bitcoin, a decentralized digital currency, has recorded meteoric growth over the past few years. In fact, no other asset in history has ever delivered such phenomenal growth. The reason? This currency is not issued, regulated or controlled by any

Macau’s Casino Industry is Set to Grow in 2018

Macau’s Casino Industry is Set to Grow in 2018

Posted by: on Nov 15, 2017 | No Comments

Following three successive years of decline, Macau’s casino industry is finally looking up, with a good chance of the industry returning to its pre-2014 levels. Revenues at casinos in Macau had begun to slump following President Xi Jinping

Prohibition: Archaic Remedy That Failed (Part 3)

Prohibition: Archaic Remedy That Failed (Part 3)

Posted by: on Oct 21, 2016 | No Comments

Read Part 1 and Part 2 of this series of articles.

Prohibition of alcohol has proved to be a failed experiment a hundred years ago in the US. The biggest case against prohibition is the 13-year ban enforced in the US. You must keep in mind that pre-prohibition crime rates in the US

Prohibition: Archaic Remedy That Failed (Part 2)

Prohibition: Archaic Remedy That Failed (Part 2)

Posted by: on Oct 14, 2016 | No Comments

Read the first article of this series here.

Prohibition has been rejected by even the World Health Organization as a failed effort. However, India remains one of the few countries that

Prohibition: Archaic Remedy That Failed (Part 1)

Prohibition: Archaic Remedy That Failed (Part 1)

Posted by: on Oct 7, 2016 | No Comments

Definitely, the Government imagines that handholding a nation of 1.252 billion will teach our multitudes the discretionary wisdom to judge right from wrong. Strangely, when looked at in entirety, one wonders if it is the Government that needs handholding to help it understand the cockamamie ideas,

60 Years of Economic Growth In Five-year Installments

60 Years of Economic Growth In Five-year Installments

Posted by: on Aug 27, 2016 | No Comments

When India first won its Independence, it still had a long way to go before it could become self-sufficient. Carving out large chunks of industry and commerce as state-run establishments under the socialist structure that our nation’s leaders outlined seemed like the best way forward. And now, 60 years later, we are still following

Global Economic Outlook 2016

Global Economic Outlook 2016

Posted by: on Jan 4, 2016 | No Comments

With the world still seeming to recover from the last Great Depression, concerns regarding the global economy and its impact closer to home, in India, only seem appropriate. Bidding adieu to 2015, Managing Director of the International

Asia Expected to See Casino Growth in 2015

Asia Expected to See Casino Growth in 2015

Posted by: on Apr 3, 2015 | No Comments

According to a report published by Forbes Magazine on January 7, 2015, Wynn is one of the several resorts looking to

A Walk Through the New Age of Casinos

A Walk Through the New Age of Casinos

Posted by: on Aug 21, 2014 | No Comments

On July 28, 2014, the Japanese stock exchange, the Nikkei, closed at a six month high. This buoyed the hopes for growth in domestic corporate earnings. Casino related businesses in Tokyo predicted that this could encourage the country to allow new casinos,